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Analyst Says Ethereum-Based Altcoin Primed To Explode by Over 1,700%, Updates Outlook on Dogecoin and Pepe

June 21, 2024
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A extensively adopted cryptocurrency analyst and dealer is expressing bullish sentiment on a small-cap altcoin constructed on the Ethereum (ETH) blockchain.

The analyst and dealer pseudonymously referred to as Credible Crypto tells his 399,300 followers on the social media platform X that the native token of Curve DAO (CRV), a decentralized finance (DeFi) platform centered on buying and selling of stablecoins, is on the cusp of a large rally.

Credible Crypto says that CRV may skyrocket above $6, a possible achieve of over 1,724% from the present stage, as soon as Bitcoin (BTC) reaches a worth of over $100,000.

CRV is buying and selling at $0.329 at time of writing whereas Bitcoin is exchanging at $64,706.

Turning to Dogecoin (DOGE), the pseudonymous analyst says that his bearish goal for the biggest memecoin by market cap is between $0.04 and $0.08.

“Greatest-case state of affairs for DOGE that I can see is below- that’s, discovering help on the center of our vary [between $0.1 and $0.075] that we’ve simply deviated above.

Lose that, and sub $0.05 comes subsequent.”

Supply: Credible Crypto/X

Dogecoin is buying and selling at $0.123 at time of writing.

Subsequent up is Pepe (PEPE). The pseudonymous analyst says that PEPE is “wanting prepared to interrupt down” in an identical method to FLOKI (FLOKI).

“Good luck for those who purchased PEPE above the vary highs, you’ll want it.”

Supply: Credible Crypto/X

PEPE is buying and selling at $0.0000113 whereas FLOKI is altering arms at $0.000179.

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Tags: AltcoinAnalystDogecoinEthereumBasedEXPLODE..OutlookPEPEPrimedUpdates
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