A cryptocurrency analyst and trader, known as Credible Crypto, is optimistic about a small-cap altcoin that operates on the Ethereum blockchain. Credible Crypto, who has a significant following on social media, believes that the native token of Curve DAO (CRV), a decentralized finance platform focused on stablecoin trading, is poised for a substantial surge. He suggests that if Bitcoin reaches a price of over $100,000, CRV could skyrocket to over $6, representing a potential gain of more than 1,724%. Currently, CRV is trading at $0.329, while Bitcoin is valued at $64,706.
In regards to Dogecoin (DOGE), the analyst expresses a bearish view, predicting that its price could fall between $0.04 and $0.08. He believes that the best-case scenario for DOGE is to find support within the range of $0.1 and $0.075, but if it fails to do so, the price could drop below $0.05. At the time of writing, Dogecoin is trading at $0.123.
Moving on to Pepe (PEPE), the analyst suggests that it is on the verge of a breakdown similar to FLOKI. He advises caution for those who purchased PEPE above the range highs, as the price may decline. Currently, PEPE is trading at $0.0000113, while FLOKI is valued at $0.000179.
Please note that the opinions expressed in this article are not investment advice, and investors should conduct their own research before making any high-risk investments in cryptocurrencies. The Daily Hodl does not endorse or recommend the buying or selling of any digital assets.