In a stunning turnaround from his current bearish outlook, common Bitcoin veteran Davinci Jeremie has issued a daring prediction for Solana (SOL), suggesting the crypto asset might expertise a staggering twenty-fold value surge throughout the present market cycle.
Curiously, this daring prediction comes simply days after he urged traders to dump all their altcoins for Bitcoin.
In a Saturday evaluation, the pundit first warned short-term merchants that any expectation of a short-term rebound was misguided.
“Solana? Similar factor. We’re lifeless within the water,” he stated, hinting at a break under the $120 multi-year assist degree. He pointed to $80 as the following draw back goal within the close to time period, though emphasizing his broader conviction within the token’s long-term potential.
“If you wish to get into the quick, you’ll be able to in all probability get into it proper now,” Jeremie acknowledged. Nevertheless, regardless of his bearish short-term view, he recommended that present value ranges would possibly symbolize a golden shopping for alternative.
“There’s going to be a transfer so quick it’ll make your head spin,” he added, hinting at good cash quietly rotating into high-potential property like SOL. “I believe Solana goes to shock us and do one thing unimaginable. Not only a 10X, however a 20X this cycle.”
As for what might drive such a surge, Jeremie pointed to the explosive meme coin mania ignited by Donald Trump on the Solana community. “Trump opened the floodgates,” he stated. “He launched a meme coin. He didn’t inform anybody to purchase it, he didn’t promise it could moon—he simply launched it, and other people jumped in.”
Jeremie says this phenomenon indicators a wider development within the coming months. “Meme cash are blowing up on Solana. If Trump could make that type of cash from a meme coin, what’s stopping different celebrities or huge corporations from doing the identical?” he requested.
Jeremie, whose contrarian takes have typically confirmed prescient previously, didn’t present a precise timeline for the projected 20X transfer however emphasised the necessity to “do what you must” and place for what he sees as an inevitable crypto shift.
Notably, the pundit’s 20X prediction would probably place Solana’s value at roughly $2,400 from present ranges, considerably surpassing its earlier peak of $294.33 earlier this yr.
Jeremie, who gained fame for his 2013 video urging viewers to speculate $1 per day in Bitcoin when it was buying and selling under $100, has constructed a repute for making contrarian calls that often show prescient.
That stated, Solana has skilled vital volatility just lately and is buying and selling close to the essential $120 assist degree recognized by a number of analysts, together with Ali Martinez and Elliott Wave analyst, “Extra Crypto On-line as a ‘make-or-break zone.” In line with them, holding above this value vary could possibly be key for the following transfer.
SOL traded at $114 at press time, reflecting a 3.50% drop previously 24 hours.