An altcoin built on the Ethereum blockchain is predicted to experience significant gains in the near future, according to a crypto strategist. The native asset of the supply-chain management project VeChain is expected to follow a similar market structure as its previous cycle, potentially resulting in gains of over 1,660% by the end of the year. The strategist also believes that memecoin Shiba Inu is poised for a breakout rally if it breaks the upper boundary of its descending parallel channel. Finally, the decentralized oracle network Chainlink has received a bullish signal from the Tom DeMark Sequential Indicator, indicating a potential upswing in the coming weeks.
