As of the writing of this article, Bitcoin $105,236‘s price hovers around the $68,000 mark, and altcoins have shown positive movement again. After pulling back from testing resistance, BTC is now seeking a new peak following a higher low. With the end of October approaching, market observers turn their attention to altcoins. Two experts have shared ambitious predictions for GOAT and SOL Coins.
Price Target for GOAT and SOL Coin
Altcoin Sherpa announced a price target of $1 billion market capitalization for GOAT Coin, recently listed on Binance futures. This unique meme coin experiment is supported by artificial intelligence applications and is based on the token adopted by an AI agent. These agents are robots that act and make decisions like humans. After a share from one of these robots, this token was created and adopted by the bot, leading to an intriguing experiment.
“GOAT: Binance futures will make this interesting to watch. I am still in a lower position, but I believe a $1 billion FDV should come in. For now, there is still bullish sentiment in this sector.”
If proven correct, the current price, which has risen by 8%, could increase by another 20%.
The second analyst, Titan of Crypto, published a price target of $1,400 for Solana $240 (SOL). The basis for this bullish forecast is a massive bull flag formed on the weekly chart. If successful, this rise could pave the way for significant gains across altcoins. Additionally, an increase in liquidity within Solana-based altcoins is expected to result in USD-based rises.
Ethereum Forecast
One should lose hope in Ether, according to Altcoin Sherpa. Despite numerous significant network upgrades and an increasing number of protocols, ETH’s price remains below desired levels. The analyst stated in their evaluation that they do not anticipate much until the beginning of the first quarter.
“The plan is to do nothing with ETH until the end of Q4 or the beginning of Q1. After that, I seriously consider emptying everything during the next rally and saying goodbye to a bag I have held since 2017.”