Dogecoin () is a cryptocurrency that has been gaining popularity.DOGEOnce a bull market begins, it is likely that ) will post significant gains.
Altcoin sherpa, a pseudonymous investor on the social media site X tells 209,000 of his followers that DOGE offers a high probability to multiply your capital.
“It’s not a very creative or fast trade but DOGE is eventually going to do crazy numbers this cycle. It won’t outperform other memes given its MC (market cap) but you probably make 4x your money if you buy and sell on the giga pump. Buy now and go into a coma and sell when this moons.”
Altcoin Sherpa’s graph suggests that Dogecoin will face a major breakthrough level after the $0.18 marker. DOGE was trading at $0.164 as of the time this article was written, an increase of over 24% within the last 24 hour.
The Ethereum Blockchain (ETH) rival Solana (SOLThe trader believes that SOL’s recent price movement is underwhelming on a short-term basis, but remains bullish in the long-term.
“SOL: I’m being honest, these aren’t the best candle closings + I would like to see some strong following up in the next Few days.
The range of $100-120 would likely be re-established if you do not. “I’m not sure what direction this one will take in the medium term but I am still bullish on high timeframe.”
![Image](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/1709689703_792_Analyst-Says-Dogecoin-Will-Do-‘Crazy-Numbers-This-Cycle-Updates.jpeg)
SOL currently trades at $129 as of the time of this writing.
The trader claims that Dogecoin’s rival Bonk is also a cryptocurrency.BONKAt the moment, ) offers a lot of opportunities. It’s behind memecoins such as dogwifhat.WIFPepe (PEPEAltcoin Sherpa believes BONK will catch up to Bitcoin soon.
“BONK – this is the coin you should buy now. It still trails WIF and Pepe.
When coins consolidate like this and the leaders are still going, you can easily buy this right now…”
![Image](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/1709689703_878_Analyst-Says-Dogecoin-Will-Do-‘Crazy-Numbers-This-Cycle-Updates.png)
BONK has increased in value by nearly 50% since the previous day.
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Source: dailyhodl.com