A well-known crypto trader thinks Binance Coin (BNB) is about to take off. Altcoin Sherpa, who has a huge following on social media, says BNB could see higher prices this year. He thinks the release of Binance’s former CEO, Changpeng Zhao (CZ), next month could be a big boost for BNB.
“BNB is still one of the best major coins out there,” he said. “It’s also going to be a good time to buy BNB and maybe some meme coins on the Binance Smart Chain.”
Other Crypto Predictions
The trader also sees potential in Fantom (FTM), a competitor to Ethereum. He believes FTM is looking strong and could hit $0.55 soon.
“FTM has been moving really well lately,” he said. “It got hit hard recently, but I still think it’s a solid project. The next target would be around $0.55, which is a key support level.”
For Solana (SOL), the trader is a bit more cautious. He thinks it could stay in a range between $125 and $150 for a while.
“SOL is still okay, but not a great investment right now,” he said. “This is a good time to just accumulate SOL while it’s not doing much. Scalping it is probably not a good idea for most people.”
Disclaimer: This information is for educational purposes only and is not financial advice. Always do your own research before investing in cryptocurrencies.
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