"Pergh, everyone should be happy if it goes up a lot like that, but don't get your hopes up either, okay?"
Analyst Ali Martinez, a closely followed cryptocurrency strategist, believes altcoins built on the Ethereum (ETH) blockchain are currently poised to see a significant climb in the near future.
Reporting on his social media platform
Explaining further, Martinez, who predicts altcoins will gain a surprising profit of more than 1,660% before the end of 2024, has predicted that VET will see significant growth in the fall.
Based on a look at the analyst's charts, Martinez seems to think VET will climb to $0.60 by the end of 2024 where it is currently trading at $0.033.
Not only that, Martinez also predicts that the second largest memecoin Shiba Inu (SHIB) will experience a massive increase but the price will need to exceed $0.00002444 first before continuing to increase another 20% at $0.00002954.
It was also announced that Martinez also revealed the prospect of a chain of decentralized Chainlink (LINK) oracles where the price could see a reversal movement before soaring higher.
At this time, the price of SHIB which is trading at $0.0000237 is still up slightly by 0.36% in the past 24 hours while LINK is also up by around 2.83% at $13.06 with a market capital of more than $7 billion.
