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Trader Says Ethereum Rival To Go Much Higher, Updates Outlook on Altcoin That’s Up 13,103% in Under Three Months

January 16, 2025
in Altcoin
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A broadly adopted cryptocurrency analyst and dealer is leaning bullish on a large-cap Ethereum (ETH) competitor.

The analyst pseudonymously often called Sherpa tells his 239,200 followers on the social media platform X that Solana (SOL) has extra upside potential, even because the Ethereum challenger sits round 30% under the all-time excessive of about $263 reached in November of 2024.

“SOL fairly impartial chart general within the quick time period however I nonetheless assume SOL goes to go a lot greater later. To be decided if it’s going to outperform Bitcoin and Ethereum over lengthy stretches prefer it has however it’s nonetheless the most effective place to gamble.”

Supply: Altcoin Sherpa/X

Solana is buying and selling at $186 at time of writing.

Turning to ai16z (AI16Z), Sherpa says that the AI agent crypto undertaking has bottomed out and that his earlier bearish name was “improper.”

Supply: Altcoin Sherpa/X

AI16Z is buying and selling at $1.30 at time of writing, up by 12,659% for the reason that November third low of $0.0102.

Subsequent up is aixbt by Virtuals (AIXBT), a crypto market intelligence platform constructed by the factitious intelligence agent undertaking Virtuals Protocol.

The broadly adopted crypto analyst says,

“AIXBT [one-hour] chart could be very fascinating. It lately received listed with a spot market on Binance and I feel this can be a gigantic change for a coin that solely had perpetuals markets. Robust strikes immediately – is that this going to be the destiny of different AI cash if/once they get Binance spot? Let’s see.”

Supply: Altcoin Sherpa/X

AIXBT is buying and selling at $0.672 at time of writing, up by 2708% from the November nineteenth low of $0.0238.

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Disclaimer: Opinions expressed at The Every day Hodl usually are not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your personal danger, and any losses you could incur are your accountability. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in internet online affiliate marketing.

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Tags: AltcoinEthereumhigherMonthsOutlookRivalTraderUpdates
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