A carefully adopted crypto strategist believes one Ethereum (ETH) competitor is primed to print positive factors of greater than 2x this 12 months.
Pseudonymous analyst Altcoin Sherpa tells his 211,900 followers on the social media platform X that he thinks Solana (SOL) will see new all-time highs this 12 months.
However whereas the crypto strategist is long-term bullish on SOL, he expects the Ethereum rival to witness a pullback earlier than beginning a contemporary leg up.
“There’s going to most likely going to be a pullback someplace within the $200-$250s, however I don’t know the way deep it’s going to be.
Nonetheless bullish as hell on this one this cycle, it’s the most effective chain for retail (proof of memes). Most likely $500+ in 2024.”
At time of writing, SOL is value $187.90, down over 6% prior to now day.
Subsequent up, the dealer says that RSS3, a decentralized info processing protocol, seems to be buying and selling in a spread with an higher sure of $0.57 and a decrease sure of $0.40.
“Nonetheless a brilliant robust coin, RSS3 is one I’m nonetheless invested in and have a bag. Ranging for now and I feel that this has been very robust amidst market volatility.”
RSS3 is buying and selling for $0.448 at time of writing, down 15.4% within the final 24 hours.
Lastly, the dealer says he’s bullish on Ondo Finance (ONDO), a undertaking targeted on tokenizing real-world property (RWAs) together with short-term bonds and US Treasuries.
“ONDO: purchase ONDO for monetary freedom round $0.43. One in all my luggage for real-world property (RWA) this cycle, anticipating good issues for the long run.”
Ondo is buying and selling for $0.422 at time of writing, down greater than 12% within the final 24 hours.
Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox
Examine Price Action
Observe us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Every day Hodl usually are not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any loses it’s possible you’ll incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in internet affiliate marketing.
Generated Picture: Midjourney
