The widely followed analyst is expected to be optimistic about a memo built into the Solana (SOL) ecosystem, but there is a reservation.
The analyst, known as a reliable encryption, says to 462,900 followers in the social media platform X that the Dogwifhat (WIF) memo is “approaching a fascinating level” at the end of the current period. .
“If you believe that the WIF will come back someday in the area between $ 0.20- $ 0.50, it’s a long -term place to consider long -term bidding/purchase location.
At this level, the rise in the previous highs is at least 10 times and the disadvantages are relatively limited in this area, so my opinion is justified with risk/compensation for the purchase of spots. ”
However, a pseudonym analyst said in a debate related to the famous memo coin in the ecosystem, there is a reservation for the WIF due to the negative feelings surrounding Solana.
“Now, we will wait for more price measures to personally develop due to the current environment surrounding SOL and Memecoins. Ideally, clean accumulation range/floor can take time. ”
WIF is trading at $ 0.64 at the time of writing and Solana is trading at $ 170.
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Created image: Midjourney