Crypto Dog, a well-known cryptocurrency analyst and trader, is optimistic about the future of Jeo Boden (BODEN), a memecoin that has seen a significant increase in value since March. With over 775,500 followers on X, Crypto Dog believes that BODEN is on the verge of a breakout after a period of consolidation.
Analyzing the charts, it is evident that BODEN is currently testing a resistance level on the daily chart. As of now, BODEN is trading at $0.639, a remarkable 2,466% increase from its all-time low of $0.0249 on March 9th.
Crypto Dog also points out that other memecoins, such as dogwifhat (WIF), are showing bullish signals. He believes that several mid/high cap memecoins are aiming for new highs.
In addition to his positive view on memecoins, Crypto Dog expresses bullish sentiment towards NEAR Protocol (NEAR), an Ethereum competitor. He believes that NEAR’s focus on artificial intelligence (AI) makes it a strong contender. NEAR’s Co-Founder Illia Polosukhin has previously stated that AI will be a core focus for the NEAR ecosystem in the coming years.
Currently, NEAR Protocol is trading at $6.81, showing a 17% increase over the past seven days. With its recent performance, Crypto Dog believes that NEAR will outperform Bitcoin and even Solana in the coming weeks and months.
Please note that the opinions expressed in this article are not investment advice. Investors should conduct their own research before making any high-risk investments in cryptocurrencies or digital assets. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, and readers are responsible for their own transfers and trades.
