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At time of writing, Solana is changing hands for $76.84.
Another coin on the trader’s radar is STEPN, the walk-to-earn project whose GMT token has significantly corrected after enjoying parabolic rallies in recent weeks. According to DonAlt, he expects GMT to go through a period of wild volatility in the coming week that would present a prime buying opportunity for the bulls.
“I honestly can see [GMT] close at this level this weekend. And then next week wipe out big time and reverse it all back again like towards the end of the week. That would be a really, really good trade where you close where we are right now [at] $2.40, maybe at $2.25, and then you wick down to $1.50 or $1.00 during next week if something crazy happens.
I think if you get that big wick and you see Bitcoin approaching support, you just want to be buying that. And then you have an easy 2x to 3x just straight off the bat from that.”
At time of writing, GMT is trading at $2.51.
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The post Here’s What’s Next for Solana (SOL) and Red-Hot Altcoin STEPN (GMT), According to Crypto Strategist appeared first on The Daily Hodl.