A widely followed crypto strategist believes it’s only a matter of time before the best memecoin Dogecoin (DOGE) bursts.
Pseudonymous analyst Bluntz tells his 301,200 followers on social media platform
“When DOGE finally breaks this three-week range, the bullish move will be violent, just like the last one, in my opinion.
Tick tock.
Looking at the trader’s chart, he seems to predict that DOGE could reach a new all-time high above $0.90. At the time of writing, DOGE is worth $0.422.
Bluntz also thinks December will be incredibly bullish month for crypto with the best memecoins leading the load.
“Let the Santa Claus rally begin…
DOGE, PEPE and SHIB all do more volume than Solana (Monday) although they represent, in some cases, 1/10th of the market cap.
If you think the meme meta is dead, I’m sorry but you won’t make it.
Bluntz too said that retail traders are now turning to crypto and are more interested in coins that emerged during the 2017 market cycle, known as “dinosaur” coins.
“After watching the return of retail and deciding to start bidding…. ‘drumroll’, the same crap they came up with last cycle.
This makes me think that when memecoin supply inevitably returns, they’re going to bid on dinosaur memes as well.
Obviously DOGE, but ALSO SHIB, FLOKI, etc.
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