Trader Says Top-10 Altcoin Primed To Surge 500% ‘Eventually,’ Updates Outlook on Ethereum and Pepe

A widely followed crypto analyst shares his updated outlook on the top-10 altcoin, smart contract platform Ethereum (ETH), and memecoin Pepe (PEPE).

In a new thread, pseudonymous crypto trader Altcoin Sherpa predicts a 500% surge for a top-10 altcoin, while also providing his insights on ETH and PEPE.

Regarding Dogecoin (DOGE), Altcoin Sherpa believes it will eventually reach $1.

"Jeets might be selling you today, but we will send DOGE to $1 eventually, Kabosu. Thank you for your services."

Source: Altcoin Sherpa/X

Dogecoin is currently trading at $0.168, representing a 6.9% gain over the past 24 hours.

Altcoin Sherpa remains bullish on Ethereum, the second-leading digital asset by market cap. His chart suggests that ETH will surpass the $3,980 level within the next few weeks.

"ETH: key level tapped but still expecting this level to break within a few weeks as long as everything gets cleared. Still bullish."

Source: Altcoin Sherpa/X

Ethereum is currently trading at $3,728, a 1.5% decrease over the past day.

Finally, Altcoin Sherpa recommends PEPE as a long-term investment among meme assets, predicting that it could potentially outperform DOGE.

"If you're looking for a big cap meme to long, I think PEPE is a good one. Good liquidity, strong volume, this one definitely catches up to the others a bit in my opinion. Not saying it'll flip DOGE or anything but should go up more relatively. Long in the green boxes."

Source: Altcoin Sherpa/X

PEPE is currently trading at $0.000014, a 5% decrease over the past 24 hours. On February 19th, its value stood at $0.0000011.

Earlier this week, Altcoin Sherpa noted that based on buyer demand and trading volume, PEPE has the potential to surpass large-cap meme assets.

Source: https://thebittimes.com/trader-says-top-10-altcoin-primed-to-surge-500-eventually-updates-outlook-on-ethereum-and-pepe-tbt89714.html