Analyst Says Altcoin That’s Exploded Over 6,400% in One Year ‘Still Looks Strong,’ Updates Outlook on Dogecoin
A closely followed crypto strategist and trader says one red-hot real-world asset (RWA) project may have more upside potential. Pseudonymous analyst Altcoin Sherpa tells his 222,700 followers on the social media platform X that MANTRA (OM) “still looks strong.” “Consolidation in the previous range and now expansion; would be careful buying here personally and think we should see a pullback around $1.23 and $1.41. But still is one of the better RWA bets and I’ve got a bag.” Source: Altcoin Sherpa/X MANTRA is a crypto project that allows the tokenization and trading of real-world assets such as commercial properties. OM is trading for $1.13 at time of writing, up 6,421% from its October 2023 price of $0.0176. Next up, the analyst says he is flipping bullish on meme token Dogecoin (DOGE). “To be determined if DOGE ever does insane numbers like 2021; my guess is not given the market cap. But it should still have a few x from he...