The widely respected trader is bullish on the mid-cap Real World Asset (RWA) token while providing insight into three other altcoins.
The trader, who goes by the pseudonym Sherpa, tells his 223,600 followers on social media platform
“It is still one of the better RWA options, has more float, less oversupply, and a lot of financial support.”
OM is trading at $1.22 at the time of writing.
Next is Solana (SOL). The anonymous analyst says Solana remains bullish despite the stock proving to be a “slow mover” in the recent past after outperforming peers like Sui (SUI).
“Still, I think SOL is a good choice.”
Solana is trading at $153 at the time of this writing.
Below are the native tokens of the layer 1 blockchain Fantom (FTM). According to Sherpa, Fantom has a bullish market structure and “still looks really good on higher terms.” The anonymous analyst added that Fantom’s rebrand and upgrade to Sonic (S), scheduled for November/December this year, supports his bullish claims about the altcoin.
“…in the coming weeks these numbers will likely go even higher.”
Next is dogwifhat (WIF), a dog-themed memecoin. Sherpa said WIF “looks very strong overall” and would present a potential long-term opportunity for the downside.
WIF is trading at $2.22 at the time of this writing.
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