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Home»ALTCOIN NEWS»Trader says one of Ethereum (ETH) rivals is poised to hit a new all-time high and updates his outlook for Goatceus Maximus (GOAT).
ALTCOIN NEWS

Trader says one of Ethereum (ETH) rivals is poised to hit a new all-time high and updates his outlook for Goatceus Maximus (GOAT).

By Crypto FlexsOctober 26, 20242 Mins Read
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Trader says one of Ethereum (ETH) rivals is poised to hit a new all-time high and updates his outlook for Goatceus Maximus (GOAT).
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A widely respected cryptocurrency analyst and trader is taking a bullish stance on the larger Ethereum (ETH) rival as he outlines the future path for the Goatseus Maximus (GOAT) memecoin.

Ethereum’s rival, an analyst known by the pseudonym Sherpa, told his 228,300 followers on social media platform

“SOL: This will definitely hit an all-time high and considering all the on-chain activity over the past two weeks, this is predictable.”

Source: Altcoin Sherpa/X

Solana is trading at $174 at the time of this writing, and would need to rise more than 49% to surpass its all-time high of $260 hit in November 2021.

As for GOAT, the anonymous analyst predicts that the memecoin, which has exploded about 15-fold in a matter of weeks, will reach a fully diluted value of $1 billion, up about 50% from its current $667.8 million.

According to Sherpa, GOAT will be “an interesting one” following the launch of memecoin’s perpetual contract on Binance earlier this week.

“If you have been involved in this space before, I think it would probably be wise to benefit from listing Binance Futures. “This should cause a lot of volatility, and I think there are a lot of unknowns about it.”

Source: Altcoin Sherpa/X

GOAT is trading at $0.694 at the time of this writing.

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Image created by: Midjourney

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