Solana Memecoin Set for Major Surge, Top Trader Warns ‘Train Is About to Depart
Trader Bluntz, known for his accurate altcoin predictions, suggests that the Solana-based memecoin dogwifhat (WIF) is poised for a significant rally.
He highlights that WIF is forming a bullish falling wedge pattern, indicating a potential breakout and further gains. Despite WIF’s recent 80% rise, Bluntz advises that it’s still a good buy. Projecting a possible surge to $8 from its current $1.63. Additionally, Bluntz is optimistic about Jito (JTO), the native asset of a Solana-based staking protocol.
He believes JTO has bottomed out and forecasts a potential rise to $5 from its current price of $2.45, following an Elliott Wave ABC correction.
Clever Robot News Desk 13th August 2024
