A crypto strategist who continues to gain a following with well-timed altcoin predictions believes that a particular memecoin is on the verge of experiencing a significant surge in value.

Using the pseudonym Bluntz, this analyst shares his thoughts with his 289,900 followers on the social media platform X. He suggests that the meme token dogwifhat (WIF), which is based on the Solana blockchain (SOL), appears to be ready for substantial rallies.

Bluntz points out that dogwifhat is displaying multiple bullish signals against Solana (WIF/SOL), indicating that the memecoin is preparing for a major reversal.

He states, “SOL is currently leading the market, and WIF/SOL is reaching its lowest point. There is a significant downward movement on the four-hour chart, with clear divergences. Given SOL’s extremely bullish performance, I believe WIF is about to experience a significant surge. I’m ready to take advantage of this opportunity.”

Bluntz follows the Elliott Wave theory, which suggests that the trend of an asset often ends after a five-wave movement. Based on his chart analysis, he implies that WIF/SOL has completed a five-wave correction, indicating that the memecoin is set to outperform Solana.

As of now, WIF is being traded at $2.59, reflecting an almost 6% increase in value for the day.

Moving on to the layer-1 protocol Sui (SUI), Bluntz believes that this altcoin is in the early stages of a wave-five rally, with the potential to reach a new all-time high of $3.

Bluntz states, “SUI’s 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 upward.”

At present, SUI is valued at $1.90, showing a growth of over 10% in the last 24 hours.

The final altcoin that Bluntz is keeping an eye on is Popcat (POPCAT). He shares a chart indicating that POPCAT is currently in the midst of a five-wave upward movement, with a target price of approximately $2.10.

He notes, “There was a nice flat movement on POPCAT that occurred over the weekend, and I expect it to reach all-time highs once again.”

As of now, POPCAT is being traded at $1.69, reflecting an increase of more than 15% in the past day.

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