- Pseudonymous analyst Altcoin Sherpa predicts significant growth for Solana (SOL) and emphasizes the strength of rss3 and Ondo Finance (ONDO) amidst market volatility.
- Acknowledging potential short-term pullbacks, Altcoin Sherpa remains bullish on these altcoins, highlighting their unique strengths in the current crypto landscape.
Following CNF’s earlier report on Bill Ackman’s consideration of a Bitcoin investment, a disruptive emerging AI Altcoin has been gaining traction. Pseudonymous analyst Altcoin Sherpa, with over 211,900 followers on the social media platform X, has voiced his belief that Solana (SOL) will reach new all-time highs this year.
In a recent tweet, Altcoin Sherpa expressed continued confidence in rss3, an altcoin he remains invested in. Despite its current ranging status, he emphasizes its resilience in the face of market volatility, stating, that a super strong coin, rss3 is one I’m still invested in and have a bag. Ranging for now, but it has shown remarkable strength amidst market volatility.
Still a super strong coin, @rss3_ is one I’m still invested in and have a bag. Ranging for now and I think that this has been very strong amidst market volatility. pic.twitter.com/fKaDZkG6Nc
— Altcoin Sherpa (@AltcoinSherpa) March 18, 2024
While the crypto strategist maintains a long-term bullish stance on SOL, he anticipates a temporary setback for this Ethereum rival. He predicts a potential pullback in the range of $200 to $250, adding, “I don’t know how deep it’s going to be. Still bullish as hell on this one this cycle, it’s the best chain for retail (evidence of memes). Probably $500+ in 2024.”
Turning his attention to Ondo Finance (ONDO), a project centered on tokenizing real-world assets (RWAs) such as short-term bonds and US Treasuries, Altcoin Sherpa shares his optimism. He advises, “Buy ONDO for financial freedom around $0.43. One of my bags for real-world assets (RWA) this cycle, expecting good things for the future.”
As this development unfolds, Ethereum (ETH) prices are noted at $3,145.46, following a 6.58% decrease in the past day and a 22.37% decline over the last week, as illustrated in the chart below.
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