Top Analyst Says Monster Breakout Underway for One Memecoin, Says Six Altcoins Are His Fastest Horse Picks
An analyst known for making timely altcoin calls thinks that a massive trend reversal is underway for an under-the-radar meme token.
Pseudonymous crypto strategist Bluntz tells his 283,700 followers on the social media platform X that Book of Meme ( BOME ) looks bullish after breaking out of its accumulation range in a big way.
“BOME daily looking like a MONSTER breakout now.
Surely I won’t cop heat for talking about a $700 million market cap coin.”
Source: Bluntz/XBased on the trader’s chart, he seems to predict that BOME will rally to $0.03, suggesting an over 220% increase from current levels.
At time of writing, BOME is worth $0.00932.
The trader also unveils his current portfolio, which is made up of memecoins.
“My bags change frequently based on whichever charts I think look the best at any given time (astrology for men).
Always looking for the fastest horses but also I try not to diversify too much. I go hard into a handful of picks, usually up to 10 or MAX
Currently, my Noah’s Ark bags are:
WIF
BOME
SILLY
SLERF
PENG
CAT.”
Another meme token on the trader’s radar is cat in a dog’s world ( MEW ). Bluntz says MEW looks strong after clearing its diagonal resistance on the daily chart.
“Huge daily downtrend breakout on MEW overnight.
Pretty significant in my opinion.”
Source: Bluntz/XAt time of writing, MEW is trading at $0.0084.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X , Facebook and Telegram
Surf The Daily Hodl Mix
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin is about to break 100,000 dollars, while altcoins are underwhelming
Market liquidity shows a trend of centralization, and the sentiment for crypto compliance still needs to be realized.
TikTok Meme is here: After spending a night watching videos, my account lost 50%
Can TikTok serve as a traffic hub to attract a large number of Web2 users into Web3?
The popular TikTok meme has a value of 600 million dollars in the cryptocurrency world, reviewing Chillguy's rapid rise to fame
"That year I had my hands in my pockets, not knowing what a rival was."
What the US election outcome spurred in crypto land
Senator Cynthia Lummis hopes a US strategic bitcoin reserve can be teed up for “adoption in 2025”