An analyst with a reputation for accurately predicting altcoin movements believes that a significant trend reversal is on the horizon for an obscure meme token. Bluntz, a crypto strategist who shares insights with his large following on X, recently highlighted the potential of Book of Meme (BOME) as it broke out of its accumulation range.
In a tweet to his followers, Bluntz expressed his bullish outlook on BOME, stating, “BOME daily looking like a MONSTER breakout now. Surely I won’t cop heat for talking about a $700 million market cap coin.” The strategist’s chart analysis suggests that BOME could surge to $0.03, indicating a staggering 220% increase from its current value of $0.00932.
Notably, Bluntz disclosed his current portfolio, which predominantly consists of memecoins. He emphasized his strategy of concentrating on a select few picks rather than diversifying too much, listing his top holdings as WIF, BOME, SILLY, SLERF, PENG, and CAT.
Additionally, Bluntz highlighted another meme token, cat in a dog’s world (MEW), as a potential contender for growth. According to his analysis, MEW exhibited strength by surpassing its diagonal resistance on the daily chart. At the time of writing, MEW was trading at $0.0084.
For crypto enthusiasts keen on staying informed, Bluntz’s insights offer valuable perspectives on emerging trends in the market. By focusing on meme tokens like BOME and MEW, the analyst provides a unique angle on potential investment opportunities within the crypto space.
In conclusion, Bluntz’s strategic approach to meme tokens and his keen eye for breakout patterns make him a notable figure in the crypto community. As he continues to share his analysis and recommendations, followers can stay updated on the latest developments in the ever-evolving world of digital assets.
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