A popular crypto trader is predicting a big surge for a Solana-based memecoin called Dogwifhat (WIF). He believes the coin is about to break out of a pattern that often signals a bullish reversal.
Dogwifhat (WIF) on the Move
The trader, known as Bluntz, says WIF is poised for a major rally. He thinks it could reach $8 after breaking out of a falling wedge pattern. That’s a huge jump from its current price of $1.63.
“When WIF gets going, it goes hard,” Bluntz said. “Despite being up 80% in a week, I would still be buying this. There’s limited time left before the train leaves the station.”
Jito (JTO) Also in Focus
Bluntz is also bullish on Jito (JTO), a Solana-based liquid staking protocol. He believes JTO has bottomed out and is ready for a big run-up.
He thinks JTO could reach $5, a significant increase from its current price of $2.45.
“Time to get some SOL beta exposure again,” Bluntz said. “I like JTO here, can see a big decline followed by a five-wave rise from the lows. A+ setup in my opinion. I’m long.”
Disclaimer
Remember, this is just one trader’s opinion. Do your own research before investing in any cryptocurrency. Cryptocurrencies are highly volatile and risky.
