Billion-Dollar Solana-Based Memecoin Is ‘Going to Zero’ Against Dogecoin, Warns Top Crypto Trader
A extensively adopted crypto analyst says that one Solana (SOL)-based meme asset with a $1.89 billion market cap goes to zero towards Dogecoin (DOGE).
In a brand new technique session, pseudonymous crypto strategist DonAlt tells his 637,200 followers on the social media platform X that regardless that memecoin dogwifhat (WIF) might bounce quickly towards DOGE, it’s finally going to zero towards it.
“Informed everybody who needed to listen to that this was the ‘most secure’ commerce to take if you happen to needed to be hedged. Assume that’s not the case anymore, assume short-term WIF might bounce towards DOGE. Typically assume WIF goes to zero towards DOGE although so reduction can be non permanent for my part.”
In accordance with DonAlt’s chart, WIF/DOGE ought to careen all the best way all the way down to zero {dollars} someday in the course of the second half of 2025. DOGE is buying and selling for $0.309 at time of writing, a ten% drop within the day whereas WIF is valued at $1.98, a 12% dip over the last 24 hours.
Transferring on to good contract platform Ethereum (ETH), DonAlt says that if the highest altcoin fails to carry the $2,900 value level as help, then buyers have been tricked by the “worst cycle” ever.
“Didn’t assume it might nonetheless come however right here we’re, appears to be like respectable round $2,900 for my part. We begin shedding that and all of us bought bamboozled and that is the worst cycle in crypto historical past.”
Ethereum is buying and selling for $3,339 at time of writing, a 5.6% lower on the day.
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