Trader Says Ethereum Competitor That’s Up 140% in Three Weeks To Go ‘Way Higher,’ Maps Path Forward for Bitcoin
A popular analyst thinks that one red-hot altcoin has a lot more upside potential after putting up huge gains within weeks. The pseudonymous analyst known as Altcoin Sherpa tells his 242,900 followers on the social media platform X that layer-1 blockchain Sonic (S) may soon hit $1. “S is still one of the strongest mid-caps there is right now. People forget this coin went to almost $4 last cycle. [Sonic Founder Andre Cronje] bull posting a lot plus some interesting activity over there. Send it way higher.” He also predicts that S may soon increase more than 16% of its current value to hit a psychological price level. “S: insanely nice chart. $1 is destined in my opinion.” Sonic soared from its $0.359 on February 3rd to $0.8615 at time of writing, a 140% gain. Next up, the trader says that Bitcoin (BTC) is stuck trading within an enduring range but suggests it may soon break out. “BTC: this price action will continue to give us load...