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.”
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.”
GOAT is trading at $0.694 at the time of this writing.
Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox
Check Price Action
follow us XFacebook, Telegram
Daily Hodl Mix Surfing
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.
Image created by: Midjourney