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Home Altcoin

Trader Says Two Altcoins Looking ‘Solid’ Overall, Updates Outlook on BONK and Bitcoin

n70products by n70products
May 5, 2025
in Altcoin
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Trader Says Two Altcoins Looking ‘Solid’ Overall, Updates Outlook on BONK and Bitcoin
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A extensively adopted crypto analyst thinks that two altcoins have robust elementary narratives whereas flashing bullish value motion.

Pseudonymous dealer Altcoin Sherpa tells his 245,400 followers on the social media platform X that the native property of Curve DAO (CRV) and Hyperliquid (HYPE) are among the many few “stable” altcoins in crypto.

Curve Finance is a stablecoin-focused ecosystem, specializing within the environment friendly and low-slippage buying and selling of dollar-pegged crypto property. In the meantime, Hyperliquid is a layer-1 protocol serving a decentralized trade (DEX).

Says Altcoin Sherpa,

“However for those who’re an investor that depends on some of these fundamentals, there are a couple of good ones like CRV and HYPE, these charts look fairly stable total.”

Image
Supply: Altcoin Sherpa/X

At time of writing, HYPE is price $20.55

Image
Supply: Altcoin Sherpa/X

At time of writing, CRV is price $0.697.

Turning to the memecoin Bonk (BONK), the dealer says he plans to build up the altcoin at present ranges.

“Staying affected person for BONK and would love to purchase within the inexperienced field if it offers.”

Image
Supply: Altcoin Sherpa/X

At time of writing, BONK is price $0.0000164.

As for Bitcoin, the dealer says BTC appears to be like bullish on the excessive time-frame after the crypto king retested the $74,000 degree as assist.

“Increased time-frame view of BTC: larger low fashioned in that chop interval, it was just like that Might 2021 space the place value fashioned a low.

I feel it’s an excellent low given the period of time (two months) and volatility that we noticed. Whereas there are going to be some small pullbacks, I feel we strongly break $100,000 within the subsequent a number of weeks so long as equities don’t utterly sh** the mattress (sadly, I see lots of decrease excessive / it’s over kind of posts).”

Image
Supply: Altcoin Sherpa/X

At time of writing, Bitcoin is buying and selling for $95,921.

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Disclaimer: Opinions expressed at The Each day Hodl will not be funding recommendation. Buyers 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 personal threat, and any losses you might incur are your accountability. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please be aware that The Each day Hodl participates in online marketing.

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Tags: ALTCOINSBitcoinBONKOutlooksolidTraderUpdates
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