The cryptocurrency market is on the rise towards a total market value of 3 trillion dollars, and a leading analyst known as Bluntz has announced his expectation for the continued rise of Solana (SOL), which is shown as the strongest competitor to Ethereum (ETH). The analyst also drew attention to Solana-based memecoins dogwifhat (WIF) and Myro (MYRO), making a bullish comment for both altcoins.
Bluntz Expects SOL’s Rise to Continue
Bluntz pointed out that SOL has made a significant 92% rise from its January 23rd low, indicating a vertical increase from that level and suggesting potential for important future price movements.
Currently trading at $152, SOL has shown an impressive growth of approximately 591% since its closing at $22 on October 14, 2023. Bluntz’s forecast is that the rise in the altcoin will continue and even intensify.
Bluntz Anticipates Growth for WIF and MYRO
Following SOL, Bluntz turned to the leading Solana-based memecoin WIF, making a bullish comment for the altcoin. The analyst expects the altcoin to rise up to $2.80.
The analyst also claimed that another Solana-based memecoin, MYRO, is ready for significant growth. With MYRO trading at $0.339 and having a market value just over $338 million, Bluntz noted that it is the only dog-themed memecoin listed on multiple top-tier cryptocurrency exchanges with a market value under one billion dollars, which gives it a significant potential for value gain.
The analyst’s positive perspective on Solana-based projects is of interest to investors looking for attractive investment opportunities beyond major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Solana’s strong ecosystem and technological features position it as a formidable competitor in the Blockchain space, while also drawing attention to projects within its ecosystem.
