{"id":290375,"date":"2024-04-26T15:05:31","date_gmt":"2024-04-26T09:35:31","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=290375"},"modified":"2024-04-26T15:05:31","modified_gmt":"2024-04-26T09:35:31","slug":"trader-says-memecoin-thats-exploded-over-2400-in-weeks-about-to-go-higher-updates-outlook-on-near-protocol-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/trader-says-memecoin-thats-exploded-over-2400-in-weeks-about-to-go-higher-updates-outlook-on-near-protocol-crypto-news\/","title":{"rendered":"Trader Says Memecoin That\u2019s Exploded Over 2,400% in Weeks About To Go Higher, Updates Outlook on Near Protocol &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a memecoin that has gone up more than twenty-fold since early March.<\/p>\n<p>The trader pseudonymous known as Crypto Dog <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheCryptoDog\/status\/1783007909552828556\">tells<\/a> his 775,500 followers on the social media platform X that the memecoin Jeo Boden (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/jeo-boden\/\">BODEN<\/a>) is on the cusp of breaking out after a period of consolidation.<\/p>\n<figure id=\"attachment_190710\" aria-describedby=\"caption-attachment-190710\" style=\"width: 1063px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-190710\" class=\"wp-caption-text\">Source: Crypto Dog\/X<\/figcaption><\/figure>\n<p>Based on the Crypto Dog\u2019s chart, it appears that BODEN is testing a downward-sloping resistance level on the daily chart.<\/p>\n<p>BODEN is trading at $0.639 at time of writing, up by around 2,466% from the all-time of $0.0249 reached on March 9th.<\/p>\n<p>According to the pseudonymous analyst, a variety of memecoins including dogwifhat (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/dogwifcoin\/\">WIF<\/a>) are sending bullish signals.<\/p>\n<p><i>\u201cNot just WIF though, a good handful of mid\/high cap memecoins are aiming for new highs.\u201d<\/i><\/p>\n<p>Turning to NEAR Protocol (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/near\">NEAR<\/a>), the pseudonymous analyst <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheCryptoDog\/status\/1783077429826973968\">says<\/a> he\u2019s bullish on the Ethereum competitor based on the artificial intelligence (AI) narrative, among other things. The layer-1 blockchain\u2019s Co-Founder Illia Polosukhin last year said that AI would be \u201cone of the core verticals for the NEAR ecosystem heading into 2024\u201d.<\/p>\n<p><i>\u201c\u2026still think NEAR will lead over the next weeks, months.<\/i><\/p>\n<p><i>Structurally it looks great, erased recent dip outperforming Bitcoin and even Solana.\u201d<\/i><\/p>\n<figure id=\"attachment_190710\" aria-describedby=\"caption-attachment-190710\" style=\"width: 1063px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-190710 size-full\" src=\"https:\/\/pbs.twimg.com\/media\/GL7Ddc8bwAA07Pp?format=jpg&amp;name=medium\" alt=\"\" width=\"1063\" height=\"499\" \/><figcaption id=\"caption-attachment-190710\" class=\"wp-caption-text\">Source: Crypto Dog\/X<\/figcaption><\/figure>\n<p>NEAR Protocol is trading at $6.81 at time of writing, up by around 17% over the past seven days.<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\" \/><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: DALLE3<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a memecoin that has gone up more than twenty-fold since early March. The trader pseudonymous known as Crypto Dog tells his 775,500 followers on the social media platform X that the memecoin Jeo Boden (BODEN) is on the cusp of breaking out after [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":290376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-290375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/290375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=290375"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/290375\/revisions"}],"predecessor-version":[{"id":290380,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/290375\/revisions\/290380"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/290376"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=290375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=290375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=290375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}