CoinDesk Report:
As Bitcoin and altcoins stabilize around $68,000, with an upward trend, it has caught the attention of market followers. As October comes to a close, two analysts have made bold predictions about the potential price targets for GOAT Coin and Solana (SOL).
What are the targets for GOAT and SOL coins?
According to Altcoin Sherpa, the market cap for GOAT Coin could reach an impressive $1 billion. This coin, recently listed on Binance Futures, is part of a unique initiative that utilizes artificial intelligence. It is created by an AI agent that behaves similarly to humans and makes decisions that contribute to its growth. This innovative approach continues to fuel bullish sentiment in the industry.
How does SOL coin stand out?
On the other hand, crypto giant Titan expects Solana (SOL) to surge to $1,400. This prediction is based on the formation of a bullish chart pattern, which suggests a significant increase. It is expected that the liquidity of Solana-based altcoins will increase, potentially further driving up its value.
The goal for GOAT Coin is to achieve a market cap of $1 billion through AI-driven strategies.
Supported by a bullish chart pattern, SOL could reach $1,400.
The increase in liquidity within the Solana ecosystem is expected to enhance overall market performance.
Despite optimism surrounding these altcoins, Ethereum seems to be struggling. Altcoin Sherpa warns against overestimating the potential of ETH in the short term and advises taking a cautious approach until early next year. This sentiment indicates a strategic retreat from holding positions until market conditions improve.
