A prominent crypto trader has identified the strong performance of the AI-based altcoin Fetch.ai. The trader also shared insights on Solana 
$240 and several meme coins, highlighting their current market trends.
Fetch.ai’s Strong Performance
Known as Altcoin Sherpa, this anonymous trader informed their 224,800 followers on social media platform X that the technical indicators for Fetch.ai (FET) are highly promising. FET is part of the Artificial Superintelligence Alliance and currently enjoys a favorable position in the market. The analyst stated:
“FET. Everything looks very good right now. The daily exponential moving averages are quite tight; there are important Fibonacci levels and support/resistance zones. I believe a buy and hold strategy is more suitable.”
Sherpa mentioned that despite Solana (SOL) being a competitor to Ethereum 
$3,096, a significant upward movement is not anticipated in the short term. It was noted that SOL is currently trading at $154, showing a 1.4% increase over the last 24 hours. The analyst said about SOL:
“SOL. I don’t expect a stronger move for a while. I think waiting to buy and hold is better.”
Recommendations for Meme Coins
For less active investors, Sherpa recommended investing in meme coins that have not yet risen significantly. They specifically mentioned that coins like Floki, Bonk, and Pepe could see value increases in the future:
“Good meme coins like FLOKI, BONK, and PEPE are still available at reasonable prices. A buy and hold strategy might be suitable for less active individuals.”
Fetch.ai is currently trading at $1.40, with a 1.22% increase over the past 24 hours. Meanwhile, Solana is noted at $154 with a 1.4% rise. Regarding meme coins, Floki trades at $0.000152, Bonk at $0.000024, and Pepe at $0.00001.
Investors can focus on FET, which shows strong technical indicators, exercise patience with Solana, and look for suitable opportunities in meme coins based on Sherpa’s recommendations.
