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Crypto analyst CobraVanguard suggested that The meme coin based on Solana is MYRO it would be next to reach a market cap of $1 billion. This follows his prediction that meme coin it would enjoy a 200% price increase from its current level.
Why MYRO Can Enjoy 200% To $0.2
CobraVanguard mentioned in a TradingView post that the meme coin makes a falling frame at the appointed time every day. He said MYRO could enjoy a big move if it gets out of its current opposition. The analyst added that he expects the price to rise to the Fibonacci line of 0.618, which is $0.2.
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Going up to $0.2 means that Solana meme coin it could rise above the market value of $200 million. Based on CobraVanguard’s predictions, MYRO is likely to enjoy an upward trajectory, possibly capping a $1 billion market cap. Crypto analyst SwallowPremium also gave a bullish view of the mem coin, saying that an exit above the $0.2 level will lead to a further upward trend.
It is worth mentioning that the current MYRO all time high (ATH) is at $0.4, the price level reached in March earlier this year. As such, a run to its current ATH may be on the cards if the Solana meme coin reaches $0.2. A run to its current ATH would put it above the $400 million market cap, further strengthening the public’s belief that the coin can. reached a $1 billion market cap.
Price Breakdown Coming Soon
Crypto analyst Yzzz also commented on X post that MYRO price breakout will happen soon. The analyst noted that if Bitcoin goes up, the meme coin will certainly “work hard.” He also added that the chart has been started for a long time, as it is reversed and a time-based capitulation has occurred.
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Meanwhile, Yzzz also revealed that MYRO had already appeared listed on Binance and Bybit for endless trading. He noted that this is it Solana meme coin with a very low market cap to achieve this. So, he expects the coin to go up, seeing how much attention it is getting central large exchanges (CEXs).
Interestingly, a crypto analyst boldly said that MYRO will surpass the leading Solana meme coin, Dogwifhat (WIF). He pointed out that both meme coins have been trading in close proximity for quite some time now. However, he expects that to change soon, with MYRO coming out on top. In line with this, he advised market participants to place their bets and believe in something.
At the time of writing, MYRO is trading at around $0.08, up more than 15% in the last 24 hours, according to the report. data from CoinMarketCap.
The featured image was created with Dall.E, a chart from Tradingview.com