Analyst names token whose value will increase by more than 200%

An analyst has named a new decentralized finance (DeFi) altcoin that is expected to see huge growth. As the expert under the pseudonym Inmortal told his followers on the social platform X, the Jupiter token (JUP) looks ready for a parabolic jump.

Inmortal has published a chart that shows JUP hitting a new all-time high of $ 2.30, up 207% from the current level. At the time of writing, JUP is trading at $ 0.747.

The trader is also keeping a close eye on the decentralized Chainlink network (LINK). According to Inmortal, LINK will consolidate for a few weeks before moving higher. At the time of writing, LINK is worth $ 20.01.

Another coin on the trader’s radar is Constellation (DAG), built on the Directed Acyclic Graph (DAG). According to Inmortal, DAG could witness an uptrend after a long period of accumulation.

«I like the DAG chart. The 500-day accumulation is over and ready to expand in the coming months,» the analyst wrote. At the time of writing, DAG is trading at $ 0.076.

As a reminder, in January, Michael van de Poppe predicted growth that would surpass bitcoin for Chainlink. According to the analyst, Chainlink’s decentralized oracle network is likely to witness a massive breakout against bitcoin (LINK/BTC) within a year.