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Altcoin Sherpa predicts the future of a token that grew by 2700% in 3 months
A prominent cryptocurrency analyst and trader has expressed bullish sentiment on the BTC ecosystem’s tokens in the medium term.
The trader, known as Altcoin Sherpa, told his 205,600 followers on the social media platform X that the Bitcoin Ordinals (ORDI) protocol will «perform well in the coming months.» The ORDI protocol allows text and images to be inscribed in BTC $92,864.52 Bitcoin -1.57% Market capitalization $1.84 trillion VOL. 24 hours $5.27 billion and other similar crypto assets in the ecosystem.
According to Altcoin Sherpa, given the success of ORDI in the previous months, the token has every chance to continue growing. Trading at $ 3.48 on October 18, the digital asset gained 2777% in value, reaching $ 72.35 in January.
The trader also shared his own forecast for Solana’s value. According to the analyst, although he is optimistic about the price of SOL $233.03 Solana -1.67% Market capitalization $110.65 billion VOL. 24 hours $1.12 billion in 2024, he expects the token to fall in the short term.
It is worth noting that by the end of 2023, Anatoliy Yakovenko’s cryptocurrency managed to grow by 617% over the year. As explained by Altcoin trader Sherpa, the leading altcoin Ethereum has become too expensive. Those users who trade with $ 100 on their balance cannot afford to interact on Бутерін" href="https://noworries.news/biography/vitalij-buterin/" data-bio-id="3642″ data-wpel-link="internal">Vitalik Buterin's blockchain. That’s when crypto users start looking for other options. In Solana, «you can do much more because it’s cheap.»