{"id":31227,"date":"2025-01-16T14:39:18","date_gmt":"2025-01-16T14:39:18","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/trader-says-ethereum-rival-to-go-much-higher-updates-outlook-on-altcoin-thats-up-13103-in-under-three-months\/"},"modified":"2025-01-16T14:39:18","modified_gmt":"2025-01-16T14:39:18","slug":"trader-says-ethereum-rival-to-go-much-higher-updates-outlook-on-altcoin-thats-up-13103-in-under-three-months","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=31227","title":{"rendered":"Trader Says Ethereum Rival To Go Much Higher, Updates Outlook on Altcoin That\u2019s Up 13,103% in Under Three Months"},"content":{"rendered":"


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A widely followed cryptocurrency analyst and trader is leaning bullish on a large-cap Ethereum (ETH<\/a>) competitor.<\/p>\n

The analyst pseudonymously known as Sherpa tells<\/a> his 239,200 followers on the social media platform X that Solana (SOL<\/a>) has more upside potential, even as the Ethereum challenger sits around 30% below the all-time high of about $263 reached in November of 2024.<\/p>\n

\u201cSOL pretty neutral chart overall in the short term but I still think SOL is going to go much higher later. To be determined if it\u2019s going to outperform Bitcoin and Ethereum over long stretches like it has but it\u2019s still the best place to gamble.\u201d<\/em><\/p>\n

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Source: Altcoin Sherpa\/X<\/figcaption><\/figure>\n

Solana is trading at $186 at time of writing.<\/p>\n

Turning to ai16z (AI16Z<\/a>), Sherpa says<\/a> that the AI agent crypto project has bottomed out and that his earlier bearish call was \u201cwrong.\u201d<\/p>\n

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Source: Altcoin Sherpa\/X<\/figcaption><\/figure>\n

AI16Z is trading at $1.30 at time of writing, up by 12,659% since the November 3rd low of $0.0102.<\/p>\n

Next up is aixbt by Virtuals (AIXBT<\/a>), a crypto market intelligence platform built by the artificial intelligence agent project Virtuals Protocol.<\/p>\n

The widely followed crypto analyst says<\/a>,<\/p>\n

\u201cAIXBT [one-hour] chart is very interesting. It recently got listed with a spot market on Binance and I think this is a gigantic change for a coin that only had perpetuals markets. Strong moves today \u2013 is this going to be the fate of other AI coins if\/when they get Binance spot? Let\u2019s see.\u201d<\/em><\/p>\n

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Source: Altcoin Sherpa\/X<\/figcaption><\/figure>\n

AIXBT is trading at $0.672 at time of writing, up by 2708% from the November 19th low of $0.0238.<\/p>\n

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n

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