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Solana-Based Memecoin Soars, Analyst Predicts Further Gains

A popular crypto analyst, Altcoin Sherpa, believes the Solana-based memecoin Book of Meme (BOME) could surge even higher after its recent meteoric rise.

BOME’s Impressive Rally

BOME debuted on March 14th at $0.000059 and has since soared to $0.0132, marking a staggering 22,273% gain. Altcoin Sherpa predicts it could climb further to $0.0190 before experiencing a dip.

Filecoin’s Bullish Outlook

Altcoin Sherpa is also bullish on Filecoin (FIL), a decentralized file storage network. After a recent decline, he believes FIL is nearing a bottom and could reach the $7.50-$7 range.

Lido’s Underperformance

Despite strong fundamentals, Lido DAO (LDO), a liquid staking service for Ethereum, has underperformed in the current market cycle. Altcoin Sherpa suggests that this could change in the future.