A widely respected cryptocurrency analyst said the Solana (SOL)-based meme asset with a market cap of $1.89 billion will be worth zero compared to Dogecoin (DOGE).
In a new strategy session, anonymous cryptocurrency strategist DonAlt tells his 637,200 followers on social media platform
“I told everyone who would listen that this was the ‘safest’ trade if you wanted to hedge. Think that’s not the case anymore. Think short-term WIF could bounce back on DOGE. “Generally speaking, we think WIF will be zero against DOGE, but I think the relief will be temporary.”
According to DonAlt’s chart, WIF/DOGE will go down to $0 in the second half of 2025. DOGE is trading at $0.309 at the time of this writing, down 10% on the day, while WIF is worth $1.98. It’s down 12% in the last 24 hours.
Moving on to smart contract platform Ethereum (ETH), DonAlt says that if the top altcoins fail to hold the $2,900 price range as support, investors are in for a “worst cycle.”
“I still didn’t think it would come, but here it is. I think $2,900 is a good deal. We started losing it and we all panicked and this is the worst cycle in the history of cryptocurrency.”
Ethereum is trading at $3,339 at the time of writing, down 5.6% on the day.
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