A crypto strategist who is widely followed is confident that an up-and-coming competitor to Ethereum, known as Fantom (FTM), will achieve his ambitious price target in the current market cycle. The trader, who goes by the pseudonym Rager, expressed his bullishness on the layer-1 protocol Fantom to his 199,100 followers on the social media platform X. Rager shared a chart indicating that FTM could reach his price target of $3.31 by around April. He dismissed skeptics who claim it’s too late to invest in Fantom, asserting that the FTM chart suggests otherwise. Rager stated that he believes his target is realistic for the next six months. At the time of writing, FTM is trading at $0.71, implying a potential price increase of over 366% if the altcoin reaches Rager’s target. Rager also mentioned that if the project makes a smooth transition to Sonic, FTM could achieve even higher levels. Sonic is a layer-1 chain designed to have high throughput and is connected to Ethereum through a native layer-2 chain. According to the project, the Sonic chain combines the advantages of both layer-1 and layer-2, providing low costs, scalability, speed, and security. In terms of meme coins, Rager believes that they are attracting retail investors to the crypto market. He predicts that well-known meme coins like PEPE, POPCAT, and BONGO will thrive in the coming year as they appeal to a larger audience outside of the crypto community. Regarding Bitcoin, Rager anticipates one more minor correction to $66,000 before the cryptocurrency surges to new all-time highs. He sees this as an opportunity to buy before the price increases further. At the time of writing, Bitcoin is trading at $68,196.