A closely followed crypto analyst believes one decentralized video-streaming altcoin project is about to go on a massive rally.
Pseudonymous trader Kaleo tells his 632,300 followers on the social media platform X that Theta Network (THETA), a platform for decentralized video delivery, could soar by more than 200% as the social finance (SoFi) space finds renewed interest.
”I wouldn’t sleep on THETA here. I’m still incredibly bullish on SoFi over the next few months as you have tokens like ARENA and the FT (Friend.tech) airdrop that will be rolling out and bringing more attention back to the sector.”
Source: Kaleo/X
Looking at his chart, the trader suggests that THETA could soar beyond $10. THETA is trading for $3.10 at time of writing, up 10.5% in the last 24 hours.
Next up, the trader says he is bullish on Avalanche (AVAX)-based native governance token of TraderJoe (JOE), the biggest decentralized exchange (DEX) on Avalanche.
“With the AVAX memecoin rush kicking
We współpracy z: https://dailyhodl.com/2024/03/25/crypto-trader-predicts-parabolic-rally-for-decentralized-video-streaming-altcoin-heres-his-target/
