A closely followed crypto analyst and trader believe that one red-hot Solana (SOL)-based memecoin may have even more upside potential after putting up huge gains in the last week.
Pseudonymous analyst Altcoin Sherpa tells his 225,300 followers on the social media platform X that the market cap of Goatseus Maximus (GOAT) could soar more than 130% from its current value.
“GOAT: $500 million [market cap] next in my opinion. Still holding a big bag of this and will consider taking a bit of profit there.”
GOAT is trading for $0.2176 at time of writing, up more than 400% from its low of $0.0435 reached on October 13th. With a current market cap of $216,865,708, GOAT is the 276th largest crypto project.
Next up, the analyst is expressing longterm bullish sentiment on layer-1 blockchain Fantom (FTM). However, he warns FTM may decline below $0.71 in the near term.
“FTM looks decent to me still and…
