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Trader Says Ethereum Rival To Go Much Higher, Updates Outlook on Altcoin That’s Up 13,103% in Under Three Months

SCRYPTO MAGAZINE by SCRYPTO MAGAZINE
January 16, 2025
in Altcoins
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Trader Says Ethereum Rival To Go Much Higher, Updates Outlook on Altcoin That’s Up 13,103% in Under Three Months
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A broadly adopted cryptocurrency analyst and dealer is leaning bullish on a large-cap Ethereum (ETH) competitor.

The analyst pseudonymously generally known as Sherpa tells his 239,200 followers on the social media platform X that Solana (SOL) has extra upside potential, even because the Ethereum challenger sits round 30% beneath the all-time excessive of about $263 reached in November of 2024.

“SOL fairly impartial chart general within the quick time period however I nonetheless suppose SOL goes to go a lot larger later. To be decided if it’s going to outperform Bitcoin and Ethereum over lengthy stretches prefer it has nevertheless it’s nonetheless one of the best place to gamble.”

Supply: Altcoin Sherpa/X

Solana is buying and selling at $186 at time of writing.

Turning to ai16z (AI16Z), Sherpa says that the AI agent crypto challenge has bottomed out and that his earlier bearish name was “unsuitable.”

Supply: Altcoin Sherpa/X

AI16Z is buying and selling at $1.30 at time of writing, up by 12,659% for the reason that November third low of $0.0102.

Subsequent up is aixbt by Virtuals (AIXBT), a crypto market intelligence platform constructed by the substitute intelligence agent challenge Virtuals Protocol.

The broadly adopted crypto analyst says,

“AIXBT [one-hour] chart may be very attention-grabbing. It lately acquired listed with a spot market on Binance and I feel this can be a gigantic change for a coin that solely had perpetuals markets. Robust strikes immediately – is that this going to be the destiny of different AI cash if/once they get Binance spot? Let’s see.”

Supply: Altcoin Sherpa/X

AIXBT is buying and selling at $0.672 at time of writing, up by 2708% from the November nineteenth low of $0.0238.

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Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal threat, and any losses you could incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in affiliate internet marketing.

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