An analyst is forecasting significant profits for Memecoin and providing an updated view on leading cryptocurrencies.

A well-known analyst and trader, who goes by the name Altcoin Sherpa, is predicting substantial profits for a top memecoin while offering analysis on three other widely traded cryptocurrencies.

According to Altcoin Sherpa, who has 216,400 followers on X, Dogecoin (DOGE) has the potential to rise to $0.40, which would be a 147% increase from its current value. The analyst believes that this trade is a safe opportunity during the current market cycle.

Sherpa from Altcoin also expressed his opinions on SOL (Solana), predicting potential increase in value towards the end of the year while anticipating fluctuations in the near future. Currently, SOL is being traded at $168.

“According to Altcoin Sherpa, the cryptocurrency Chainlink (LINK) could potentially experience a significant 75% increase in value and reach $32 within the upcoming months. Currently, Chainlink is valued at $18.26.”

NEAR Protocol (NEAR) is being noticed by Altcoin Sherpa as a rival to Ethereum (ETH). Altcoin Sherpa believes there is potential for progress, but recommends waiting for an improved opportunity to enter. Currently, NEAR is valued at $7.48.

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The opinions shared on The Daily Hodl should not be taken as investment advice. It is important for investors to thoroughly research before making any risky investments in Bitcoin, cryptocurrency, or digital assets. Please remember that any transfers or trades you make are at your own risk, and any losses are your responsibility. The Daily Hodl does not endorse the purchase or sale of any cryptocurrencies or digital assets and is not an investment advisor. It should also be noted that The Daily Hodl engages in affiliate marketing.

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