Trader Says One Large-Cap Altcoin To Skyrocket by at Least 116%, Updates Outlook XRP, Cardano and Dogecoin
A widely followed analyst and trader is leaning bullish on a top-30 altcoin by market cap while outlining the path forward for three other crypto assets. The analyst pseudonymously known as Sherpa tells his 239,700 followers on the social media platform X that the utility token of the decentralized open financial system, Hyperliquid (HYPE), is likely to surge by at least 116% from the current level before the end of this cycle. “…I still think HYPE is a great project and will go to $50+ later this cycle. It just hits too many narratives and I have a bag of this (and I’m doing a little trading just to hope to get more points). Wouldn’t rush into a position here but more scale in. Not one to give you a 10x at these current levels for this cycle in my opinion but could still be a safe one to hold.” Hyperliquid is trading at $23.16 at time of writing. Next up is XRP. While observing that XRP is demonstrating strength as it sits just bel...