Expert Identifies Memecoin as ‘Kingmaker Trade,’ Forecasts Upcoming Boom for AI-Linked Crypto Investment
Crypto strategist Bluntz, renowned for accurately predicting Bitcoin’s 2018 bear market price floor, unveils his latest high-conviction trade to his 240,900 followers on social media platform X: Solana (SOL)-based memecoin dogwifhat (WIF).
Expressing strong confidence in WIF’s potential, he presents a chart suggesting its trajectory mirroring a crypto asset that has already achieved 5x gains this year. Bluntz forecasts WIF as his “kingmaker trade” for the current cycle, anticipating a significant surge possibly reaching $3. At the current trading value of $0.611, this implies a potential upside of over 700% according to his analysis.
Additionally, Bluntz expresses bullish sentiment towards Filecoin (FIL), noting its completion of an ABC corrective wave and signaling potential for further upward momentum. Utilizing the Elliott Wave theory, which tracks market psychology through wave patterns, Bluntz anticipates bullish momentum for both WIF and FIL.
Clever Robot News Desk 29th February 2024
