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Crypto analyst says he is bullish for two altcoins
The popular cryptocurrency analyst talked about the potential of two cryptocurrencies with a market capitalization below $1 billion.
The analyst, known as Altcoin Sherpa on the X platform, analyzed JUP, the native token of Jupiter, a Solana-based exchange aggregator.
The analyst predicted that JUP will likely form a local bottom at $0.50 before rising to $0.82.
! [JUP] (https://img-cdn.gateio.im/webp-social/moments-fdfb96d993-7d1d56bfbd-e2294f-d8d215.webp)JUP is traded at $0.60 at the time of writing, according to CoinMarketCap data.
MANTA can jump
Focusing on MANTA, the token of the privacy-focused Manta Network, Altcoin Sherpa claimed that the value of the asset could jump if Bitcoin does not experience any decline.
! [MANTA] (https://img-cdn.gateio.im/webp-social/moments-fdfb96d993-0cc570ba8b-e2294f-d8d215.webp)MANTA is traded at $ 2.93 according to CoinMarketCap data at the time of writing.