A popular crypto analyst, Altcoin Sherpa, shared some predictions about the crypto market on X (formerly Twitter). Let’s dive into their takes on several cryptocurrencies.
Ethereum’s Potential Drop
Sherpa believes Ethereum (ETH) might see a significant drop against Bitcoin (BTC). They predict the ETH/BTC pair could fall to between 0.025 and 0.03 BTC. Currently, ETH/BTC is trading higher than that, but the analyst thinks a lower price is likely.
Solana’s Predicted Rise
On the other hand, Sherpa is bullish on Solana (SOL). They think SOL will hit new all-time highs, calling it the “gateway to the biggest casino in crypto.” They believe the price will continue to climb.
Grass Token’s Potential Correction
The analyst also commented on Grass (GRASS), a token rewarding users for sharing internet bandwidth. While noting a recent bounce, Sherpa anticipates a possible pullback below $2.06.
MANTRA’s Predicted Cool-Down
Finally, Sherpa discussed MANTRA (OM), a token linked to real-world assets. They believe OM is strong but might cool down to the $2.50-$2.90 range before another price increase.
Disclaimer: This is just one analyst’s opinion. Cryptocurrency markets are highly volatile, and investing involves significant risk. Do your own research before making any investment decisions.
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