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Moo Deng and Solana Memecoins Surge, Challenge Dogecoin's Reign

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Source: The Daily Hodl
Moo Deng and Solana Memecoins Surge, Challenge Dogecoin's Reign
Photo: The Daily Hodl
TL;DR

A prominent cryptocurrency trader, Bluntz, warns that the Solana-based memecoin Moo Deng (MOODENG), which surged over 2,000% in two months, may face a bearish reversal due to its parabolic rise. Using Elliott Wave theory, Bluntz suggests that MOODENG needs a significant correction before potentially rallying again. Additionally, Bluntz predicts that the memecoin Pepe (PEPE) might outperform the Solana-based dogwifhat (PEPE/WIF) after completing an ABC correction.

Topics:businesscryptocurrency#altcoin#cryptocurrency#memecoin#solana#trading
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  1. Top Trader Says Altcoin That’s Up 2,000%+ in Two Months ‘Too Parabolic,’ Updates Forecast on PEPE  The Daily Hodl
  2. Rise of a New Meme Superstar: Could Moo Deng Dethrone Dogecoin?  Bit Perfect Solutions
  3. Moo Deng crosses market cap ATH! Will the memecoin beat DOGE, SHIB?  AMBCrypto News
  4. Solana-Based Memecoin That’s Exploded Over 10x in Under Two Months ‘Looks Appealing,’ Says Top Crypto Trader  The Daily Hodl

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