Altcoin Expert Predicts Bonk and Useless Coin to Skyrocket: Get Ready for the Meme Coin Party! 🚀💸

by

🚨 Attention all crypto enthusiasts! 🚨 A widely followed cryptocurrency analyst and trader, known as Bluntz, has suddenly turned bullish on altcoins. With a whopping 322,200 followers on X, this expert’s opinion carries some serious weight.

Bluntz believes that the Bitcoin dominance (BTC.D) metric is flashing a bearish divergence, which means it’s time for alts to shine! 🌟

A bearish divergence occurs when the price is recording higher highs and higher lows while an indicator such as the Relative Strength Index (RSI) is recording lower highs. The RSI indicator is a momentum oscillator used to determine oversold or overbought conditions.

“The three-day BTC dominance bear divergence ended up rolling into a weekly bear divergence, too. The time to be long alts is here in my opinion.”

BTC.D is a metric that calculates how much of the crypto market cap belongs to Bitcoin. A bearish BTC.D chart indicates that altcoins are printing gains faster than BTC.

BTC.D is 65.34% at the time of writing.

Now, let’s talk about the Solana (SOL)-based memecoin Bonk (BONK). Bluntz says that this coin may more than double in price after breaking out of a descending trendline on the five-day chart.

“Really not too sure about ATHs, but pretty confident BONK is going at least 100-130% higher.”

He also says that alts similar to BONK are starting to enter uptrends as well.

“BONK ecosystem coins going pretty crazy right now to be honest…

Can’t be long BONK ecosystem without being long BONK to be honest.”

BONK is trading for $0.00001614 at the time of writing, up 9.7% in the last 24 hours.

Lastly, Bluntz says Useless Coin (USELESS), another SOL-based memecoin, could hit the level around $0.50 as it remains in a strong uptrend.

“USELESS dips still getting bought up every day constantly despite already being up big. $500 million market cap looks within reach.”

USELESS is trading for $0.248 at the time of writing, down 7.6% in the last 24 hours. With a market cap of $247.5 million, the memecoin is the 256th largest crypto project.

Read More

2025-07-03 21:22