A closely followed crypto analyst believes that one top memecoin could print big gains later this year.<\/p>\n
Pseudonymous crypto trader Altcoin Sherpa tells<\/a> his 217,100 followers on the social media platform X that he is long-term bullish on Dogecoin (DOGE<\/a>).<\/p>\n \u201cDOGE: many memes looking choppy in the short term, but I still think these look pretty good on high timeframe charts. Expecting more chop for the next stretch though, wouldn\u2019t rush to buy fresh positions here. Patience. I still think these do big numbers later this year.\u201d<\/em><\/p>\n Looking at his chart, the analyst suggests that DOGE may trade around a range with a low bound of $0.12 and a high bound of $0.17 before breaking out later in 2024.<\/p>\n DOGE is trading for $0.13 at time of writing, down more than 4% in the last 24 hours.<\/p>\n Next up, the analyst warns<\/a> that Ondo Finance (ONDO<\/a>), a project focused on tokenizing real-world assets (RWAs), could retest lower levels in the near term.<\/p>\n \u201cONDO: I was wrong on it consolidating for another leg, wasn\u2019t ready. I think that this one probably trades down to the $1.10 level before the next bounce (should be a small one first at $1.19). Still bullish on it though from a RWA (real-world asset) perspective.\u201d<\/em><\/p>\n ONDO is trading for $1.22 at time of writing, down 1.4% in the last 24 hours.<\/p>\n Next up, the analyst believes<\/a> that BNB (BNB<\/a>), the utility token for the BNB Chain ecosystem, could retrace to Fibonacci levels before resuming an uptrend. Key price targets to the downside include $600.<\/p>\n \u201cBNB: half in, hoping I get entries lower.\u201d<\/em><\/p>\n BNB is trading for $609 at time of writing, down nearly 6% in the last 24 hours.<\/p>\n Lastly, the analyst suggests<\/a> that Internet of Things (IoT) project Jasmy (JASMY<\/a>) may have more upside potential if it holds $0.0377 as support.<\/p>\n \u201cJASMY never bought this shitcoin but it looks pretty strong still. Bizarre.\u201d<\/em><\/p>\n JASMY is trading for $0.0357 at time of writing, down nearly 6% in the last 24 hours.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" A closely followed crypto analyst believes that one top memecoin could print big gains later this year. Pseudonymous crypto trader Altcoin Sherpa tells his 217,100 followers on the social media platform X that he is long-term bullish on Dogecoin (DOGE). \u201cDOGE: many memes looking choppy in the short term, but I still think these look […]<\/p>\n","protected":false},"author":2,"featured_media":322322,"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-322321","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\/322321","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=322321"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/322321\/revisions"}],"predecessor-version":[{"id":322324,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/322321\/revisions\/322324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/322322"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=322321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=322321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=322321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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