Crypto analysts shift to Dogwifhat, Solciety, & Dogecoin as altcoins eye early breakouts
2d ago•
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The crypto market displays a downward stance as Bitcoin (BTC) hovers below the $61.5K mark.
Nevertheless, declining Bitcoin dominance shows altcoins will lead the upcoming market rebound.
Dogecoin (DOGE) attracts attention due to its potential 400% breakout, while Dogwifhat (WIF) targets $11 by November 2024.
While that indicates bullish sentiments for altcoins and themed tokens, political-tied Solciety (SLCTY) seems positioned to outperform the crypto industry in the next bull run.
Dogwifhat ready for explosive moves
The canine-themed crypto is gaining attention, with analysts forecasting massive uptrends.
A well-known crypto expert, Bluntz Capital, displayed his confidence in Dogwifhat.
He trusts that the meme token will remain elevated in the upcoming market rally and hit $11 by November.
Bluntz uses Elliott Wave Theory and has made a name as among the most accurate pundits.
WIF changed hands at $2.12 at press time, down 7% over the past day.
The notable decline comes as the altcoin loses steam following last week’s 20% uptick.
Dogwifhat gained over 1,300% in the past year, but the recent market-wide slump left it down 35% over the past month.
Despite the latest struggle, mixed sentiments around Dogwifhat are turning positive.
Javon Marks, another renowned analyst, predicted a solid surge to $7.30 for WIF prices.
Solciety: a one-of-a-king meme token
Solciety is another Solana-based themed cryptocurrency looking to outperform the markets in 2024.
The new project, currently at stage 4 of its presale, aims to democratize the markets by standing against dull memes, pathetic gains, and crappy politics.
Solciety leverages the power of non-fungible tokens, Solana memes, and themed crypto culture to position itself above the rest in the marketplace.
Besides harnessing that Degen trifecta, political ties set Solciety for remarkable performance in the upcoming months.
Elections will dominate leading economies, including the USA, Mexico, India, Indonesia, and the UK, in 2024.
PolitiFi tokens, including Solciety’s native SLCTY, will capitalize on this buzz for significant price actions.
Should you invest in Solciety?
Solciety could be a perfect project for individuals looking to make it big with meme tokens for the long term.
With the political arena gaining massive attention, especially after the latest US presidential debate,
PolitiFi coins and Solciety remain the hottest digital assets in 2024.
Moreover, Solana-based memes grow faster (about 2x) than Ethereum ones, positioning SLCTY for 100x gain this year.
Early investors can grab SLCTY at $0.002222 per token before the next price increase.
Dogecoin’s 400% breakout
Cryptocurrency analyst Javon Marks triggered optimism within the Dogecoin community with enormous price forecasts.
Marks speculated that the leading meme coin could explode by 404% towards $0.6533.
He believes the expected move will surprise enthusiasts as it is around the corner.
This move would see DOGE rallying to yearly peaks, overpowering bearishness that has seen it underperforming other memes in the past year.
Marks added that Dogecoin might witness more parabolic surges to historic highs.
The expert believes the altcoin has all it takes to hit $17 in the next rally, considering DOGE’s history of exceeding previous highs.
The meme token traded at $0.1225 during this writing, down 0.97% on its daily chart.
You can find more Solciety details here.
The post Crypto analysts shift to Dogwifhat, Solciety, & Dogecoin as altcoins eye early breakouts appeared first on Invezz
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