Trader Says One Ethereum-Based Altcoin Set to Rapidly 2x in Price, Leaving Most Sidelined – Here’s His Forecast
A widely followed crypto analyst is predicting that one Ethereum (ETH)-based altcoin will suddenly go on a parabolic rally. In a new thread, pseudonymous crypto trader Credible tells his 409,300 followers on the social media platform X that the native asset for the stablecoin-focused decentralized exchange Curve DAO (CRV) could soon double in value, catching investors by surprise. “CRV will quickly reprice 2x higher, leaving most investors sidelined in everything else.” At the time of his prediction, CRV was trading for around $0.25. At time of writing, CRV is trading for $0.30, up 19.6% in the last 24 hours. Credible says the latest price action is confirming his outlook. “CRV is knocking at $0.30, you love to see it. $0.40-plus next.” The analyst also believes CRV could outperform Solana (SOL) and has the potential to reclaim its prior all-time high (ATH). “You think SOL will go to $1,000? Even if it does, congrats, that’...