Renowned Analyst Predicts Explosive Growth for Memecoin Revises Forecasts for SUI and POPCAT
An anonymous crypto strategist, known as Bluntz, is gaining popularity for his accurate altcoin predictions. Bluntz believes that the meme token dogwifhat (WIF), based on the Solana blockchain (SOL), is on the verge of experiencing a significant surge in value. He points to multiple bullish signals on the WIF/SOL chart, indicating that the memecoin is preparing for a major turnaround. With Solana showing strong bullish signs, Bluntz is confident that WIF is about to skyrocket. He expresses his optimism by stating, “My bags are packed.”
Bluntz follows the Elliott Wave theory, which suggests that an asset’s trend usually ends after a five-wave movement. Based on his analysis, Bluntz indicates that WIF/SOL has completed a five-wave correction, implying that the memecoin is ready to outperform Solana. As of now, WIF is trading at $2.59, marking a nearly 6% increase for the day.
Bluntz also shares his insights on the layer-1 protocol Sui (SUI). According to him, SUI is in the early stages of a wave-five rally and is expected to reach a new all-time high at $3. He explains, “SUI macro wave four is nearing completion, having reached the 0.38 Fibonacci level of the macro wave three. I still anticipate fresh all-time highs and a fifth wave up.” At the time of writing, SUI is valued at $1.90, with an increase of over 10% in the past 24 hours.
Lastly, Bluntz highlights the potential of Popcat (POPCAT), another altcoin on his radar. He shares a chart that suggests POPCAT is currently undergoing a five-wave upward movement, with a target price of approximately $2.10. Bluntz confidently states, “Nice flat on POPCAT also done over the weekend, en route to all-time highs again, in my opinion.” POPCAT is currently trading at $1.69, experiencing a surge of more than 15% in the last day.
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