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Home»ALTCOIN NEWS»Trader Updates Outlook on Solana and Chainlink, Saying This Ethereum-Based Altcoin Is ‘One of the Strongest Coins’
ALTCOIN NEWS

Trader Updates Outlook on Solana and Chainlink, Saying This Ethereum-Based Altcoin Is ‘One of the Strongest Coins’

By Crypto FlexsApril 12, 20243 Mins Read
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Trader Updates Outlook on Solana and Chainlink, Saying This Ethereum-Based Altcoin Is ‘One of the Strongest Coins’
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The widely respected cryptocurrency strategist believes that the tokens of one layer 2 blockchain project are among the best market performers.

Pseudonymous analyst Altcoin Sherpa says 214,100 followers on social media platform

“MNT: I’m going to buy more mantles here. I think it continues to grow beyond ATH, which is still one of the strongest coins.”

Source: Altcoin Sherpa/X

At the time of this writing, MNT is trading at $1.30, down 4.5% in the last 24 hours. MNT reached ATH $1.54 on April 8th.

Next is the merchant Called Solana (SOL) could fall to $140, the low end of its previous trading range.

“SOL: I still think buying in the $175-$200 range is a good decision. When it comes, I’ll charge $140. “Despite recent difficulties, we still think it’s a good buy.”

video
Source: Altcoin Sherpa/X

Solana is trading at $167.83 at the time of writing, down 2% in the last 24 hours.

Meanwhile, the merchant Called Chainlink (LINK), a provider of decentralized oracle services for smart contracts, has solid fundamentals but cannot escape the $20.82 resistance level.

“Link: I continue to be disappointed. I expected more from this. It’s still one of the better base coins overall, but we thought there might be more upside.”

video
Source: Altcoin Sherpa/X

LINK is trading at $17.17 at the time of this writing, down nearly 2% in the last 24 hours.

Finally, the merchant Believe Bitcoin (BTC) may have short-term volatility within its current trading range, but we predict an eventual breakout.

“BTC: Don’t get hurt and die at this range. You will die, lose your stack, and miss out on the fun.”

video
Source: Altcoin Sherpa/X

Bitcoin is trading at $69,385 at the time of writing and has risen slightly over the past 24 hours.

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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 that you are responsible for any losses that may occur. 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.

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