Acloselyfollowedcryptoanalystbelievesthattwoaltcoinshavethepotentialtoskyrocketbyasmuchas5xbeforethiscycleisover.
PseudonymousanalystAltcoinSherpatellshis228,100followersonthesocialmediaplatformXthathe’sextremelybullishonthealtcoinmarket.
Accordingtotheanalyst,evenaveragealtcoinswillseemassivepriceralliesifconditionsturnbullishforcrypto.
Specifically,thetraderseesthedecentralizedoraclenetworkChainlink(LINK)andthelayer-1protocolAlgorand(ALGO)printinggainsbetween400%and600%beforethecurrentcyclecomestoaclose.
“Marketaverageforsh*tcoinsfromhereonout:probablyabout3-5xforthiscycleonthelowendand5-10xforpricesonthehighend.
Meaning:Ifyoubuyprettymuchanythingatthispointintime,Iexpectittogo3-5x.
HerearetwoexampleswithLINK[and]ALGO.”
Source:AltcoinSherpa/X
Lookingatthetrader’schart,heseemstopredictthatLINKwillsurgebyover350%torevisitall-timehighlevels.AsforALGO,AltcoinSherpasharesachartsuggestingthatanover300%movewillnoteventakethecoinclosetoitsall-timehighof$3.56.
Source:AltcoinSherpa/X
TurningtothetopmemecoinDogecoin(DOGE),AltcoinSherpathinksthealtcoinistakingabreatherbeforesparkinganewlegup.
“ThisisthebottomyouwanttoseeforDOGEinmyopinion.
Lotsofvolatilityandarangeforming.”
Source:AltcoinSherpa/X
Attimeofwriting,DOGEistradingfor$0.159.
AltcoinSherpaalsonamesothercoinsthathethinkswilldowelloncethemarketentersfull-bullterritory.
“Mid-capmemesaretakingalotofmindshareandIstillthinkstufflikeBONK/PEPE/WIFprobablyoutperformsagreatpercentageofutilitycoins.Butifyou’relookingforutility,Iwouldprobgo:
-NewcoinslikeEIGEN
-Highfloat/oldercoinslikeFTM(+rebrand)
-newinfracomingoutlikemonad/berachain
-newcoinsthatcameoutanddownonly(neverpumped)akaREZ,ZKandthosetypes
Lotsofdifferentwaystoplaytheupcomingaltpump;beflexibleandprepared.”
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