A well-known crypto analyst, Altcoin Sherpa, shared their insights on several cryptocurrencies. They believe several coins are either undervalued or nearing a bottom.
XRP: A Sleeping Giant?
Sherpa predicts that XRP, a payment-focused altcoin, will reach record highs before the current market cycle ends. They see $2 as a reasonable buy-in price, despite its current price of $2.17. They believe many crypto investors are overlooking its potential.
Popcat: Bottoming Out?
Regarding Popcat (POPCAT), a Solana-based memecoin, Sherpa thinks it’s hit its lowest point after a prolonged downturn. At the time of the prediction, POPCAT was trading at $0.798.
Sui: A Solana Killer?
Finally, Sherpa commented on Sui (SUI), a layer-1 protocol often considered a “Solana killer.” Despite its bearish-looking chart (currently at $4.18), Sherpa cautions against shorting it, as it continues to climb regardless of chart indicators.
Disclaimer: This information is for general knowledge only and is not financial advice. Always conduct your own thorough research before making any investment decisions.
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