Crypto Analyst Forecasts Major Surge for Decentralized Video-Streaming Altcoin
A crypto analyst who is closely monitored believes that a decentralized video-streaming altcoin project is on the brink of experiencing a significant rally. This crypto analyst, known as Kaleo, predicts that Theta Network (THETA), a platform designed for decentralized video delivery, could potentially increase by more than 200%. The surge is expected as the social finance (SoFi) sector gains fresh interest.
Kaleoโs Insights on Theta Network (THETA)
- Kaleo advises you not to overlook THETA, as he remains very optimistic about SoFi in the coming months.
- The trader mentions upcoming tokens like ARENA and the FT (Friend.tech) airdrop that will generate more interest in the sector.
According to Kaleoโs analysis, THETA has the potential to surpass the $10 mark. As of the latest data, THETA is currently trading at $3.10, reflecting a 10.5% increase in the last 24 hours.
Kaleoโs Bullish Stance on Avalanche (AVAX) and Joe (JOE)
- Kaleo expresses his optimism towards Avalanche-based native governance token Joe (JOE), associated with the largest decentralized exchange (DEX) on Avalanche.
- He believes that JOE will rise to $3.50 by April, with the current price standing at $0.92, representing a 10.5% increase in the past 24 hours.
Positive Outlook on Binance Coin (BNB)
- The trader is bullish on Binance Coin (BNB), the native asset of the worldโs leading cryptocurrency exchange platform.
- By analyzing BNBโs Bitcoin pair (BNB/BTC), Kaleo anticipates a bullish trend, with the potential for BNB/BTC to reach 0.0102 BTC ($710).
As per Kaleoโs assessment, BNB/BTC is currently trading at 0.008496 BTC ($591), showing a slight decline in the last 24 hours.
Hot Take
In conclusion, a crypto trader projects a significant surge in value for a decentralized video-streaming altcoin, laying out potential targets and bullish scenarios for Theta Network (THETA), Avalanche (AVAX), and Binance Coin (BNB). Stay tuned for potential developments and opportunities in these markets.
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