A widely followed crypto analyst says one meme asset that has seen tremendous gains over the last eight months will continue its upward momentum.<\/p>\n
In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells<\/a> his 217,000 followers on the social media platform X that memecoin MAGA (TRUMP<\/a>) will go \u201cberserk\u201d even though it experienced a slight pullback.<\/p>\n \u201cTRUMP: this is still one of my bags and this is pulled back to the .50 [fibonacci level], I think I\u2019m going to add to my position around here. Still bullish with this overall narrative going into [the] election and TRUMP will be talked about often by mainstream media. This goes berserk later too, in my opinion.\u201d<\/em><\/p>\n The trader\u2019s chart indicates that TRUMP could hit the $18 price tag by the end of June or the start of July. TRUMP is trading for $12.43 at time of writing, a fractional increase during the last 24 hours. On October 7th, it was valued at $0.0199, meaning it has seen a staggering gain of 61,759% since.<\/p>\n The analyst goes on to mention Notcoin (NOT<\/a>), another red hot altcoin, saying<\/a> that it\u2019s forming a pattern that is indicative of a top.<\/p>\n \u201cNOT: I\u2019ve since changed my mind. The price action has calmed down and there\u2019s a lot less volatility. I think that this looks a lot better now- you can see more of a consolidation pattern instead of huge spikes in both directions (which is more indicative of a top).\u201d<\/em><\/p>\n NOT is trading for $0.0215 at time of writing, an increase of over 300% from its price of $0.00527 set on May 26th.<\/p>\n Altcoin Sherpa concludes<\/a> his analysis by advising investors to accumulate \u201cshitcoins\u201d from now until Q4 of 2024 as he believes Bitcoin\u2019s (BTC<\/a>) dominance level will lower by then, paving the way for altcoins to print gains.<\/p>\n \u201cYou should probably accumulate shitcoins from now until late Q4. Hard to say what the particular timing is but most altcoin\/BTC pairs are going to continue to go down in my opinion, but once Q4 rolls around, expecting BTC.d to come down and for there to be some alt action.\u201d<\/em><\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Featured Image: Shutterstock\/Lemberg Vector studio<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A widely followed crypto analyst says one meme asset that has seen tremendous gains over the last eight months will continue its upward momentum. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 217,000 followers on the social media platform X that memecoin MAGA (TRUMP) will go \u201cberserk\u201d even though it experienced […]<\/p>\n","protected":false},"author":2,"featured_media":319182,"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-319179","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\/319179","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=319179"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/319179\/revisions"}],"predecessor-version":[{"id":319184,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/319179\/revisions\/319184"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/319182"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=319179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=319179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=319179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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