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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

3 Altcoins Set To Skyrocket In Next Crypto Bull Run, According To Analyst

Samuel Edyme
Samuel Edyme
1 year ago
2 mins read
These Altcoins Are Set To Inject Billions Into The Crypto Market By May

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Several altcoins have garnered attention for their potential in the next bull run. Nick, a prominent crypto analyst and host of the Cheeky Crypto YouTube channel, has pinpointed three specific altcoins that he believes are poised for significant growth in the forthcoming market surge.

Based on current market trends and developments, Nick’s analysis highlights these altcoins for their unique features and potential growth trajectories. These predictions offer insights into which could be the next big movers in the crypto world.

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Three Altcoins Poised For Potential Surge

Solana (SOL) is one of the three altcoins that caught Nick’s eye for its chart structures and potential scalability. Regardless of initial hesitations, the analyst acknowledges Solana’s robust technical setup, which he believes could propel its price to “phenomenally high numbers” in the next bull run.

Nick predicts Solana could hit a target as high as $7,500, although he also offers a more conservative estimate of $2,000, considering potential future developments that might impact its growth.

Solana (SOL) price chart on TradingView
Solana (SOL) price is moving sideways on the 4-hour chart. Source: SOL/USDT on TradingView.com

While Solana currently trades at a price nearing $60, a more practical short-term target, according to Nick, could be $600 to $700.

The analyst advised investors to be cautious about the potential market impact when large amounts of SOL become available for sale after a lock-up period and to consider this in their investment strategy. Nick noted:

Obviously, there are a lot of [Solana] tokens that are locked up for Solana so we basically start seeing a lot of those tokens being distributed and the lockup periods are expiring in 2025 March so this means we really want to make sure that we are out of our positions before those billionaires have the ability to dump on us.

Chainlink (LINK) is also another altcoin found on Nick’s radar. The analyst appreciates Chainlink’s importance in the blockchain industry and anticipates its increasing exposure and adoption could lead to a substantial capital influx.

Nick’s theoretical projection sees Chainlink reaching up to $2,300, while a more grounded expectation places it between $200 and $400 during the next crypto bull run.

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Ethereum Breakout: Analyst Explains Why The King Of The Altcoins Is Destined For $10,000

1 year ago

Featured image from Unsplash, Chart from TradingView

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Samuel Edyme
Samuel Edyme

Samuel Edyme

Meet Samuel Edyme, Nickname - HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others.

Read more

Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis.

Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events—like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ’s arrest—has honed his keen sense of market dynamics.

When he isn’t crafting engaging crypto content, you’ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he’s catching some Z’s or scrolling through Elon Musk’s very own X platform—(oops, another screen activity, my bad…)

Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters—(don’t judge, that’s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or “kaizen,” striving to be 1% better every day. His mantras, “God knows best” and “Everything is still on track,” reflect his resilient outlook and how he lives his life.

In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He’s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck—unflappable. Edyme is like trading in your car for a jet—bold. He’s the guy who’d ask his boss for a pay cut just to prove a point—(uhhh…). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent—okay, maybe that’s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps.

Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That’s just not the way he roll. He has these favorite lyrics from NF’s “Clouds” that resonate deeply with him: “What you think's probably unfeasible, I've done already a hundredfold.”

PS—Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He’s 100% Him-alayan. Screw it, he ate the opp.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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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

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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