A well-known analyst and trader expressed a positive opinion on MEW, the Solana-based pet-themed memecoin. Also Dogecoin 
$0.14477 He also conveyed his expectations regarding (DOGE) and Shiba Inu (SHIB).
MEW’s Upside Potential
Analyst named Bluntz told his 283,800 followers on the social media platform that MEW will “explode very soon” after trading in a symmetrical triangle formation in recent days. The symmetrical triangle may show a bullish continuation pattern if the asset breaks the resistance level. “We predict that if MEW explodes, the price could approach $0.011,” Bluntz said.
The analyst, who also commented on Dogecoin, stated that despite the emergence of new meme tokens, it would be a “big mistake” to ignore this crypto asset. He emphasized that DOGE has been one of the steepest and fastest moving crypto assets since its inception. Bluntz, “DOGE, Bitcoin 
$68,381“At the end of cycles where ‘is usually trading at all-time highs, it can increase 30-fold in a matter of weeks,” he said.
Attention to Shiba Inu
The analyst, who also closely focused on Shiba Inu, stated that SHIB broke a resistance level that could end the downward trend that started in the first quarter of 2024. This increases SHIB’s upside potential. “If you missed the DOGE explosion, SHIB or FLOKI offer an opportunity to catch up,” said Bluntz.
MEW is currently trading at $0.00904, while Dogecoin is at $0.145 and is up more than 7% in the last day. Shiba Inu is traded at $0.000019.
While the analyst points out possible upward movements in these altcoins, he recommends that investors follow market trends closely.
Investors should consider market dynamics and technical indicators when evaluating analyst forecasts.
In the current situation, the performances of MEW, DOGE and SHIB could create significant opportunities for investors in the crypto market.
Altcoins such as MEW, DOGE and SHIB are among the options that should be carefully examined for those looking for diversity in their investment portfolios.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
