Solana-Based WIF and POPCAT Join PEPE Rally: Analyst Predicts 150% Surge

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The cryptocurrency market is once again buzzing with excitement as meme coins continue their remarkable resurgence. This renewed interest has caught the attention of prominent analysts, with one expert predicting significant price increases for several digital assets.

Altcoin Sherpa, a well-known figure in the crypto community with over 200,000 followers on X, has confidently outlined his bullish stance on Ethereum-based meme coin PEPE and Solana-based tokens dogwifhat (WIF) and Popcat (POPCAT).

PEPE Poised for Breakout

Sherpa believes that PEPE is on the cusp of a major price surge after breaking through the crucial resistance level of $0.0000128. The token has been experiencing volatility, with a 1.70% decline in the past 24 hours and a more substantial 10% drop over the past week. However, the analyst remains optimistic about its prospects.

Should PEPE fail to overcome the resistance and dip below the support level of $0.000011, it could potentially face a steeper decline to around $0.00001075.

Also Read: PEPE Whale Cashes Out! – $1.77 Million Profit in Less Than a Year

Solana Meme Coins Gain Traction

The analyst has also turned his attention to the Solana ecosystem, highlighting dogwifhat (WIF) as a promising investment. With WIF approaching its diagonal resistance at $2.50, Sherpa anticipates a potential breakout that could lead to substantial price gains.

Supporting this bullish outlook, data from Coinglass indicates a 2.2% surge in WIF’s Open Interest over the past 24 hours, reflecting increasing market activity and investor interest.

Popcat, another Solana-based meme coin, has also caught Sherpa’s eye. The analyst believes that breaking through the $0.9389 resistance level could be a game-changer for the token.

Beyond Meme Coins

While the focus has been on the meme coin market, Sherpa also shared his views on other cryptocurrencies. The analyst expressed confidence in Solana’s long-term prospects, suggesting it’s just a few key levels away from reaching a new all-time high.

However, Sherpa adopted a more cautious stance on Toncoin (TON), despite its impressive performance in recent months. The analyst raised concerns about a potential mid-term correction and the possibility of a test of the $5 level.

As the cryptocurrency market continues to evolve, investors are closely watching the performance of these assets and the insights of experienced analysts like Altcoin Sherpa.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.