Famous cryptocurrency analyst Altcoin Sherpa has released his latest predictions on Ethereum (ETH) and Dogecoin ( DOGE ).
In his view, one of the top 10 altcoins could achieve an impressive 500% growth. Sherpa believes DOGE could eventually reach $1. Will Dogecoin reach $1?
Altcoin Sherpa, in a recent social media post, highlighted the potential growth of Dogecoin. He predicts that DOGE, which has increased 2.5% in the past 24 hours to $0.1634, could eventually rise to $1. The meme coin's market capitalization has grown beyond $23.6 billion, with 24-hour trading volume exceeding $3 billion.
Following his comments on DOGE, Sherpa also addressed the future of Ethereum . He maintained a bullish outlook for ETH, suggesting it could surpass $3,980 within weeks. Currently trading at $3,736, Ethereum has faced a 1.85% drop over the past 24 hours, with its market capitalization now at $23 billion.
Can PEPE surpass Dogecoin?
Sherpa concludes his analysis by discussing PEPE, asserting that the meme coin has significant growth potential. Although he does not claim that PEPE will surpass DOGE, he believes that it will show relatively stronger performance. Currently, PEPE is trading at $0.00001417, after falling 6.45% in the past 24 hours.
Key takeaways from Sherpa's analysis
Based on Sherpa's insights, here are some actionable conclusions:
DOGE has the potential to reach $1 USD, making it a viable long-term investment.ETH is expected to break the $3,980 threshold within a few weeks, indicating a bullish trend. PEPE promises to be a strong meme coin, with good liquidity and trading volume.
These predictions provide valuable insights for investors focused on meme coins and leading altcoins.
In summary, Altcoin Sherpa's analysis highlights significant growth opportunities for DOGE, ETH, and PEPE. His prediction offers a roadmap for investors looking to capitalize on the cryptocurrency's potential rise.