Trader Says Solana-Based Altcoin That’s Up Over 1,200% in Six Months Headed Lower, Updates Outlook on Bitcoin

A closely followed crypto strategist believes that one red-hot altcoin project is on the verge of collapse. Pseudonymous analyst Altcoin Sherpa tells his 217,600 followers on the social media platform X that dogwifhat (WIF) may have yet to find a market bottom. “WIF: decent area overall, I expect a bounce. But I don’t really think The post Trader Says Solana-Based Altcoin That’s Up Over 1,200% in Six Months Headed Lower, Updates Outlook on Bitcoin appeared first on The Daily Hodl .

Source: The Daily Hodl