A widely followed cryptocurrency analyst and trader weighs in on a large-cap competitor to Ethereum (ETH) while outlining the path forward for memecoin Goatseus Maximus (GOAT).
Starting with Ethereum rival, the pseudonymous analyst known as Sherpa tells his 228,300 followers on social media platform network.
“SOL: This one will clearly break all-time highs and that’s to be expected given all the on-chain action over the last couple of weeks.”
Solana is trading at $174 at the time of writing and is expected to rise by over 49% to surpass the all-time high price of $260 recorded in November 2021.
As for GOAT, the pseudonymous analyst predicts that the memecoin, which has exploded about 15 times in a matter of weeks, will reach a fully diluted value of $1 billion, a gain of about 50% from 667.8 millions of current dollars.
According to Sherpa, GOAT will be “interesting to see” following the launch of memecoin’s perpetual contract on Binance earlier this week.
“If you’re in this situation earlier, I think it’s probably a good idea to take advantage of the Binance futures listing. This should create a lot of volatility and I think there are a lot of unknowns.
GOAT is trading at $0.694 at the time of writing.
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