Crypto Trader Identifies Three Altcoins as Lucrative Opportunities, Shows Optimism Towards a Memecoin With an Impressive Performance
A popular analyst in the cryptocurrency world has identified three altcoins that he believes have great potential. The analyst, known as The Crypto Dog, shared his insights with his large following on the social media platform X. According to The Crypto Dog, he is currently bullish on NEAR, WIF, and PEPE.
Regarding NEAR, The Crypto Dog revealed that he recently sold some of his Bitcoin and Ethereum holdings in order to accumulate this Ethereum competitor. Despite a market pullback last month, The Crypto Dog remained confident that NEAR would outperform other cryptocurrencies in the future. He moved a significant amount of his spot ETH and BTC into NEAR, anticipating new yearly highs. At the time of writing, NEAR is trading at $6.84.
Moving on to PEPE, The Crypto Dog highlighted the strength of the memecoin based on its three-day chart. He described it as “one hell of a chart.” PEPE’s value has increased by over 6% in the last 24 hours and is currently worth $0.0000086.
The third altcoin that caught The Crypto Dog’s attention is Floki. He believes that the memecoin looks very bullish when considering the higher time frame. Impressed by its chart, The Crypto Dog expressed interest in exploring Floki further. At the time of writing, Floki is valued at $0.00019, with a 9% increase in the past day.
It is important to note that the opinions expressed by The Crypto Dog are not investment advice. Investors are recommended to conduct their own research and exercise caution when dealing with high-risk investments in cryptocurrencies or digital assets. The Daily Hodl, where this information was sourced, also advises readers to be aware of the risks associated with transfers and trades. The publication does not endorse the buying or selling of any specific cryptocurrencies or digital assets, and it is not an investment advisor.