A well-known cryptocurrency trader and analyst, who goes by the pseudonym Bluntztellshis, is expressing optimism about a competitor to Dogecoin (DOGE) and Shiba Inu (SHIB). At the same time, he is offering his predictions for Bitcoin (BTC) and the decentralized finance (DeFi) altcoin Jupiter (JUP).
Bluntztellshis, who has around 300,000 followers on the social media platform X, believes that the meme token Pepe (PEPE) is poised for a breakout. After a correction of approximately 30% from its all-time high earlier this month, Bluntztellshis expects PEPE to increase by about 60% and reach a new all-time high.
As of now, PEPE is trading at $0.00002.
Moving on to Bitcoin, Bluntztellshis suggests that the cryptocurrency king is now displaying bullish signs after recovering from most of the downward movement it experienced earlier this week. Bitcoin pulled back by nearly 10% from its all-time high of just under $100,000.
Bluntztellshis also predicts that many altcoins will experience significant price surges this week, thanks to Bitcoin’s recovery.
Next on the list is Jupiter, a decentralized exchange aggregator built on the Solana (SOL) ecosystem. Bluntztellshis believes that JUP is poised to increase by at least 72% from its current level. He states that JUP has been accumulating for six months and has yet to enter the real markup phase. Bluntztellshis is confident that JUP will reach new all-time highs before the current cycle ends.
At present, JUP is trading at $1.17, which is approximately 42% below its all-time high of $2.00 reached in January.
Please note that this translation is not investment advice, and investors should conduct their own research before making any high-risk investments in cryptocurrencies or digital assets.
