Meme Coins 'Still Have Plenty Of Upside Left': Trader Predicts TRUMP, BODEN To Dominate Election Season, Looks To Size Up On Dogecoin
Portfolio Pulse from Khyathi Dalal
Crypto trader Altcoin Sherpa predicts significant upside for meme coins, particularly TRUMP, BODEN, and DOGE, driven by the upcoming U.S. election. He is also bullish on NPC, FOXY, PUFF, and PEPE, and sees potential in PAC and BONK. Sherpa advises careful investment based on solid theses.
May 20, 2024 | 1:38 pm
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POSITIVE IMPACT
Sherpa believes BONK may be a better short- to mid-term bet among Solana meme coins, which could lead to a price increase.
Sherpa's preference for BONK over other Solana meme coins indicates potential for short- to mid-term price appreciation.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Altcoin Sherpa is sizing up on Dogecoin, noting its scalability for larger investments, which could drive its price up in the short term.
Sherpa's positive outlook and intention to increase his holdings in Dogecoin suggest a potential price increase due to increased demand.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Sherpa mentions PAC as a potential good investment due to the upcoming launch of the Blast platform, which could drive its price up.
The upcoming launch of the Blast platform could increase interest and demand for PAC, potentially driving its price up.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
Sherpa is expanding his portfolio with PEPE, seeing it as a top potential Ethereum-based meme coin, which could lead to a price increase.
Sherpa's addition of PEPE to his portfolio and his positive outlook suggest potential for price appreciation due to increased demand.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70