Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Not ECDSA. Not schnorr. Meet Dahlias.

2025-05-22

Bitcoin on a confirmed breakout after reaching new all time high, says analyst Kevin Svenson-Hier is his prospects

2025-05-22

Binance Coin: mapping BNBs away to $ 700 – how, when and what now?

2025-05-22
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Not ECDSA. Not schnorr. Meet Dahlias.

    2025-05-22

    Alchemy Pay and Story Partner to simplify Fiat OnRamps for IP blockchain users

    2025-05-22

    Sophon reveals ZKTLS-based social oracle to integrate private web2 data

    2025-05-22

    Solana to get a big design prevention

    2025-05-22

    World3 Powers AI-driven Governance on-Chain with Quack AI

    2025-05-22
  • NFT

    Hashrate Hackers introduces Ordinals NFT collections supported by Bitcoin Hashrate

    2025-05-22

    FIFA starts Avalanche L1 to Power Soccer NFT Collectibles Platform

    2025-05-22

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin on a confirmed breakout after reaching new all time high, says analyst Kevin Svenson-Hier is his prospects

    2025-05-22

    XRP price consolidates before the launch – is an outbreak on the horizon?

    2025-05-22

    Strategy tries to pick up $ 2.1 billion from the supply of STRF shares to strengthen its bitcoin holdings

    2025-05-22

    Solana (SOL) strives higher with strong copper support, next stop $ 200?

    2025-05-22

    Bitcoin price reaches new all time above $ 111,000

    2025-05-22
  • Learn

    What Is a DEX (Decentralized Exchange)?

    2025-05-21

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Trader Reveals Huge Price Target for Ethereum Rival, Says Memecoins Attract Retail Investors
Analysis

Trader Reveals Huge Price Target for Ethereum Rival, Says Memecoins Attract Retail Investors

2024-10-20No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A widely followed crypto strategist believes an under-the-radar Ethereum (ETH) challenger will hit its massive price target this cycle.

Pseudonymous trader Rager tells his 199,100 followers on the social media platform X that he is positive about the Layer-1 protocol Fantom (FTM).

Rager shares a chart that suggests FTM will reach its $3.31 price target around April.

“Late to the market?

People who say that aren’t looking at the FTM chart.

And yes, as far as I’m concerned this is a practical goal for the next six months.”

Image
Source: Rager/X

At the time of writing, FTM is trading at $0.71, indicating a potential price increase of over 366% if the altcoin reaches Rager’s target.

Rager notes that FTM could likely reach even higher levels if the project has a smooth transition to Sonic.

“Practical goal – neither above nor below if the SONIC migration can go smoothly.”

Sonic is designed to be a high throughput layer 1 chain with a native layer 2 chain linked to Ethereum.

explains the project,

“The Sonic Chain will be a layer 1 platform that connects to Ethereum via a custom layer 2 bridge, allowing Sonic to tap vast amounts of liquidity, users and protocols. This allows the network to combine the low cost, scalability, and speed of a layer-1 with the security of a layer-2 bridge to access native ETH and other assets on Ethereum. As a result, the Sonic chain is not just an L1 or L2 – it is the first chain of its kind to offer the best of both.”

Look at memecoins, Rager believes that meme tokens now serve as a gateway for retail investors to enter the crypto market.

See also  SEC Postpones Decision on Fidelity Investments' Spot Ethereum ETF Application Until March

“My thesis for memes is what attracts retail.

Many memes have limited benefit because they require a larger audience outside of crypto to be attracted to them.

The retail industry will want well-known memes.

Memecoins such as PEPE, POPCAT and BONGO will therefore thrive in the coming year.

It’s just beginning.”

As for Bitcoin, Rager predicts that BTC will see another superficial correction to $66,000 before surging to new all-time highs.

“BTC could go higher and would definitely want to buy on a pullback before it moves higher.”

Image
Source: Rager/X

At the time of writing, Bitcoin is trading at $68,196.

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

Follow us further X, Facebook And Telegram

Surf to the Daily Hodl mix

Generated image: Midjourney



Source link

Attract Ethereum Huge investors memecoins Price Retail reveals Rival Target trader
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin on a confirmed breakout after reaching new all time high, says analyst Kevin Svenson-Hier is his prospects

2025-05-22

XRP price consolidates before the launch – is an outbreak on the horizon?

2025-05-22

BTC -Price touches new ATH

2025-05-22

Sophon reveals ZKTLS-based social oracle to integrate private web2 data

2025-05-22
Add A Comment

Comments are closed.

Top Posts

Analyst predicts Bitcoin will rise to $45,000 before pullback

2024-02-08

SEC cautions accounting firms against accommodating non-compliant crypto clients

2023-07-28

Fetch.ai Foundation partners with Deutsche Telekom to promote synergies between artificial intelligence and blockchain

2024-02-14
Editors Picks

Bitcoin Ordinal Numbers Drive ‘Renaissance’ in BTC Activity: Franklin Templeton

2024-04-04

Major NFT -Amendement goes live on XRP -Grootbook: Details

2025-02-16

Sam Altman, AI, and Universal Basic (Crypto) Income

2023-07-29

UK FCA to recover $8 million in costs through fees for stablecoin issuers and custodians

2024-03-19
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Not ECDSA. Not schnorr. Meet Dahlias.

Bitcoin on a confirmed breakout after reaching new all time high, says analyst Kevin Svenson-Hier is his prospects

Binance Coin: mapping BNBs away to $ 700 – how, when and what now?

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$111,300.311.24%
  • ethereumEthereum(ETH)$2,677.564.39%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.452.37%
  • binancecoinBNB(BNB)$686.561.63%
  • solanaSolana(SOL)$182.545.44%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2477093.47%
  • cardanoCardano(ADA)$0.825.62%
  • tronTRON(TRX)$0.2735562.06%
  • suiSui(SUI)$3.87-1.72%
  • hyperliquidHyperliquid(HYPE)$34.4318.24%
  • chainlinkChainlink(LINK)$16.774.08%
  • avalanche-2Avalanche(AVAX)$25.388.58%
  • stellarStellar(XLM)$0.3057723.71%
  • shiba-inuShiba Inu(SHIB)$0.0000163.40%
  • bitcoin-cashBitcoin Cash(BCH)$446.227.82%
  • hedera-hashgraphHedera(HBAR)$0.2059314.10%
  • unus-sed-leoUNUS SED LEO(LEO)$8.890.14%
  • the-open-networkToncoin(TON)$3.182.43%
  • polkadotPolkadot(DOT)$5.004.67%
  • litecoinLitecoin(LTC)$100.853.02%
  • moneroMonero(XMR)$377.36-4.56%
  • pepePepe(PEPE)$0.00001613.09%
  • bitget-tokenBitget Token(BGB)$5.474.24%
  • piPi(PI)$0.81-3.64%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$6.563.24%
  • bittensorBittensor(TAO)$467.841.72%
  • aaveAave(AAVE)$257.822.13%
  • nearNEAR Protocol(NEAR)$3.096.95%
  • aptosAptos(APT)$5.829.56%
  • ondo-financeOndo(ONDO)$1.034.33%
  • okbOKB(OKB)$53.101.11%
  • kaspaKaspa(KAS)$0.1174395.43%
  • internet-computerInternet Computer(ICP)$5.736.04%
  • ethereum-classicEthereum Classic(ETC)$19.813.30%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.420.24%
  • render-tokenRender(RENDER)$5.228.40%
  • gatechain-tokenGateToken(GT)$21.920.00%
  • crypto-com-chainCronos(CRO)$0.1005642.48%
  • vechainVeChain(VET)$0.0308294.41%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2530232.78%
  • mantleMantle(MNT)$0.763.22%
  • ethenaEthena(ENA)$0.4234484.92%
  • worldcoin-wldWorldcoin(WLD)$1.5426.46%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.887.73%
  • arbitrumArbitrum(ARB)$0.4338034.36%
  • bitcoinBitcoin(BTC)$111,300.311.24%
  • ethereumEthereum(ETH)$2,677.564.39%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.452.37%
  • binancecoinBNB(BNB)$686.561.63%
  • solanaSolana(SOL)$182.545.44%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2477093.47%
  • cardanoCardano(ADA)$0.825.62%
  • tronTRON(TRX)$0.2735562.06%
  • suiSui(SUI)$3.87-1.72%
  • hyperliquidHyperliquid(HYPE)$34.4318.24%
  • chainlinkChainlink(LINK)$16.774.08%
  • avalanche-2Avalanche(AVAX)$25.388.58%
  • stellarStellar(XLM)$0.3057723.71%
  • shiba-inuShiba Inu(SHIB)$0.0000163.40%
  • bitcoin-cashBitcoin Cash(BCH)$446.227.82%
  • hedera-hashgraphHedera(HBAR)$0.2059314.10%
  • unus-sed-leoUNUS SED LEO(LEO)$8.890.14%
  • the-open-networkToncoin(TON)$3.182.43%
  • polkadotPolkadot(DOT)$5.004.67%
  • litecoinLitecoin(LTC)$100.853.02%
  • moneroMonero(XMR)$377.36-4.56%
  • pepePepe(PEPE)$0.00001613.09%
  • bitget-tokenBitget Token(BGB)$5.474.24%
  • piPi(PI)$0.81-3.64%
  • daiDai(DAI)$1.00-0.01%
  • ethena-usdeEthena USDe(USDE)$1.00-0.03%
  • uniswapUniswap(UNI)$6.563.24%
  • bittensorBittensor(TAO)$467.841.72%
  • aaveAave(AAVE)$257.822.13%
  • nearNEAR Protocol(NEAR)$3.096.95%
  • aptosAptos(APT)$5.829.56%
  • ondo-financeOndo(ONDO)$1.034.33%
  • okbOKB(OKB)$53.101.11%
  • kaspaKaspa(KAS)$0.1174395.43%
  • internet-computerInternet Computer(ICP)$5.736.04%
  • ethereum-classicEthereum Classic(ETC)$19.813.30%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.420.24%
  • render-tokenRender(RENDER)$5.228.40%
  • gatechain-tokenGateToken(GT)$21.920.00%
  • crypto-com-chainCronos(CRO)$0.1005642.48%
  • vechainVeChain(VET)$0.0308294.41%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2530232.78%
  • mantleMantle(MNT)$0.763.22%
  • ethenaEthena(ENA)$0.4234484.92%
  • worldcoin-wldWorldcoin(WLD)$1.5426.46%
  • usd1World Liberty Financial USD(USD1)$1.00-0.04%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.887.73%
  • arbitrumArbitrum(ARB)$0.4338034.36%