[ad_1]
A popular crypto analyst thinks one layer-1 blockchain is gearing up for a run similar to the one Sui (SUI) has witnessed.
On the social media platform X, the pseudonymous analyst known as Bluntz shares a chart predicting a huge price explosion for the native token for the blockchain project Sei (SEI).
“I think SEI is gearing up for another run.
It had a clear parabolic impulsive rise earlier in the cycle, has already done a -84% cycle abc and has been basing for 6 months now and starting to turn up.”
SEI is trading at $0.408 at time of writing. The 63rd-ranked crypto asset by market cap is down nearly 12% in the past month but up more than 265% in the past year.
Bluntz is also bullish on Dogecoin (DOGE), sharing a chart that suggests the top meme asset could surge to around $0.375.
DOGE is trading at $0.169 at time of writing. The 9th-ranked crypto asset by market cap is down more than 2% in the past 24 hours.
In terms of Bitcoin, Bluntz tells his 290,300 X followers that BTC still has “many legs higher” in the current run-up. The analyst’s chart suggests the top crypto asset could surge to around $95,000 by the end of the year.
BTC is trading at $72,290 at time of writing.
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
[ad_2]
Source link
