A pseudonymous cryptocurrency analyst, Bluntz, is casting a positive outlook on a ‘Dogecoin DOGE/USD rival’ that has seen an explosive increase.

What Happened: Bluntz said that the Solana SOL/USD based meme token named Dogwifhat WIF/USD has already hit its lowest point, falling below $0.10. 

The analyst anticipates that such low prices will not be seen again “after the current market cycle is over.”

Dogwifhat saw a surge of 5,535% in value shortly after its first month of existence. This comes after several cryptocurrency exchanges such as Binance, KuCoin, Bybit, and Bitget, listed the token for trading.

See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits,…

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