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Breaking News: FTX Recovery Trust Set To Disburse $1.6 Billion By Month-End, FTT Price Skyrockets

Crypto Pundit Says God Candle Is Imminent For This Solana-Based Meme Coin

Scott Matherson
Scott Matherson
1 year ago
3 mins read
Solana meme coin

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The crypto analyst who correctly called Dogwifhat’s (WIF) parabolic run has identified another Solana-based meme coin that could see a significant move to the upside. The analyst further suggested that WIF and this crypto token have striking similarities. 

A ‘God Candle’ Incoming For Myro Meme Coin

Crypto analyst Bluntz Capital mentioned in an X (formerly Twitter) post that it won’t be long before the Myro (MYRO) token sees a god candle. The analyst added that everyone would wish they had bought the meme coin when it finally breaks its current all-time high of $0.4 and “starts doing rapid multiples.”

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In a previous X post, Bluntz had suggested that MYRO is the next Solana-based meme coin to take off following WIF’s run to the top. The analyst had correctly predicted that WIF would attain the heights it is currently at right from when it was still trading at around $0.29. Back then, he stated that the meme coin would go “turbo parabolic.”

Bluntz suggested that MYRO could follow a similar trajectory to WIF’s rise as he highlighted that both meme coins have the same chart pattern. MYRO, making a similar run to WIFs, could see it become the latest meme coin to join the billion-dollar club in terms of market cap. MYRO’s market cap currently stands at $340 million. 

Meanwhile, Bluntz isn’t the only analyst that MYRO could see a parabolic price surge soon enough. Crypto analyst Crypto Shadow also hinted that the meme coin will likely go “parabolic” soon enough. He believes this move to the upside will see MYRO rank with top meme coins like Dogecoin (DOGE), Pepe (PEPE), and FLOKI. 

Solana-Based WIF’s Insane Run

WIF, another Solana-based meme coin, is currently having an insane run, similar to the kind of run other top meme coins like DOGE and Shiba Inu (SHIB) enjoyed during their breakout year in 2021. As a result, WIF is currently enjoying a year-to-date (YTD) gain of over 1,700%, making it one of the most profitable crypto tokens since the beginning of 2024. 

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WIF’s run has also seen it surpass BONK as the most valuable Solana meme coin, boasting a market cap of over $3 billion to BONK’s $2 billion. WIF now ranks as the fourth-largest by market cap, behind DOGE, SHIB, and PEPE. However, if it somehow sustains this bullish momentum, it could soon surpass PEPE. 

Bluntz previously mentioned that WIF will flip at least two meme coins in this market cycle (it already flipped BONK) and further suggested that it could rise to become the second most valuable meme coin, only behind DOGE. 

MYRO price chart from Tradingview.com (Solana)

MYRO price at $0.32 | Source: MYROUSDT on Tradingview.com
Featured image from CoinMarketCap, chart from Tradingview.com
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Scott Matherson
Scott Matherson

Scott Matherson

Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers.

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Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott’s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life.

With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others.

Scott’s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott’s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry.

Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors.
In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else.

Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies.

Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

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