An analyst known for making timely altcoin calls believes a massive trend reversal is underway for the little-known meme token.
Bluntz, a pseudonymous cryptocurrency strategist, told his 283,700 followers on social media platform
“BOME now looks like a monster every day.
Certainly I wouldn’t be upset about talking about a $700 million market cap coin.”
Based on the trader charts, he appears to be predicting that BOME will rise to $0.03, representing an increase of over 220% from current levels.
As of this writing, BOME is worth $0.00932.
Traders also disclose their current portfolio of memecoins.
“My bag changes often depending on what chart I think looks best at any given time (men’s astrology).
I’m always looking for the fastest horse, but I try not to diversify too much. I diligently select a small number of picks, usually up to 10 or MAX.
Currently my Noah’s Ark bag looks like this:
WIF
tree
goofy
sleep
Peng
cat.”
Another meme token on traders’ radar is MEW (cat in a dog’s world). Bluntz says MEW looks bullish after clearing diagonal resistance on the daily chart.
“Overnight we saw a huge daily downward trend in MEW.
“I think it makes a lot of sense.”
As of this writing, MEW is trading at $0.0084.
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