Home Altcoin Trader Who Called Bitcoin Bottom Predicts This Blazing Altcoin Will Overtake Binance Coin

Trader Who Called Bitcoin Bottom Predicts This Blazing Altcoin Will Overtake Binance Coin

3 min read
Comments Off on Trader Who Called Bitcoin Bottom Predicts This Blazing Altcoin Will Overtake Binance Coin
8

Pseudonymous cryptocurrency dealer Good Contracter says one red-hot altcoin is poised to proceed its meteoric ascent and turn into the fourth-largest crypto asset by market cap.

Good Contracter, who accurately predicted Bitcoin’s backside in 2018, tells his 161,000 Twitter followers that Solana’s market capitalization is destined to exceed that of Binance Coin (BNB).

 

Presently, the fourth-placed Binance Coin boasts a market cap of practically $75 billion whereas the seventh-placed Solana has a market cap of about $43 billion, in keeping with CoinGecko.

“SOL flipping BNB is a matter of when, not if.”

The widely-followed dealer references a tweet that he posted final month the place Solana was exhibiting the “similar vibes, similar narrative” as Binance Coin. If Solana had been to comply with BNB’s trajectory, he highlighted that it will first surge to round $240 earlier than correcting by round 40%, after which resume rallying.

Image
Supply: Smart Contracter/Twitter

To overhaul Binance Coin, Solana, which is at present buying and selling at $149.75, might want to ignite an 80% rally to $270 whereas BNB stays stagnant.

For now, Good Contracter says that the “path of least resistance” for Solana is up.

“SOL simply going to $200 [in my opinion], most likely increased.

This actually does really feel like a simple set and overlook long-term play, path of least resistance is up.”

Image
Supply: Good Contracter/Twitter

Do not Miss a Beat – Subscribe to get crypto e mail alerts delivered on to your inbox

Comply with us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix
 

Check Latest News Headlines

Disclaimer: Opinions expressed at The Day by day Hodl should not funding recommendation. Buyers 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 individual threat, and any loses it’s possible you’ll incur are your accountability. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please word that The Day by day Hodl participates in online marketing.

Featured Picture: Shutterstock/Sergey Nivens




Source link

Comments are closed.

Check Also

This week’s top ASX share versus top altcoin winner revealed

Picture supply: Getty Photos The All Ordinaries Index (ASX: XAO) is deep within the crimso…