A high-profile dealer says that Dogecoin (DOGE) and one different asset are getting ready for liftoff as Bitcoin edges towards $45,000 and Ethereum reclaims $3,000.
In a tweet to his 156,000 followers, Good Contracter predicts that Dogecoin will get away of its bear development and skyrocket to as excessive as $0.41.
“Woof woof, DOGE mockingly wanting primed and breaking key downtrend, is meme [season] again?
Wanting like one of many sluggish movers however not for lengthy [in my opinion].”
At time of writing, DOGE is up 22.4% in 24 hours in keeping with CoinGecko.
Good Contracter additionally says that indexing protocol The Graph (GRT) may flip bullish after sitting in a chronic accumulation section.
“GRT acquired smoked from the highest, -85% peak to trough however has some very nice accumulation happening on the day by day timeframe on the USD pair, plus the BTC pair has achieved a clear 5 wave up from the lows. This one will get despatched [in my opinion].”
The pseudonymous dealer additionally says that he’s rotating income he’s made off CryptoPunks, that are a few of the first non-fungible tokens (NFTs), or digital artwork, minted on the Ethereum blockchain. Good Contracter says he’s buying Meebits, a brand new NFT challenge, as trading volume within the sector soars.
“Simply offered a punk for +50% what I paid at the beginning of the month, gonna roll these income into some Meebits subsequent.
Larvalabs NFTs are the one NFTs I’ve ever made cash on so [probably] gonna simply stick to them.”
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Featured Picture: Shutterstock/Tithi Luadthong
