A widely followed crypto analyst says that one Solana (SOL)-based altcoin that has already seen massive gains looks poised to skyrocket further while updating his outlook on two other popular memecoins.

In a new strategy session, pseudonymous crypto trader Bluntz tells his 325,100 followers on the social media platform X that the native asset of the Pudgy Penguins (PENGU) non-fungible token (NFT) collection appears ready to spark a rally despite already gaining 300% this month.

“Nice 18% dip here on PENGU, that should be more than enough in a strong uptrend like this. Should start pushing into fresh highs again from around here [in my opinion].”

The trader’s chart indicates that PENGU could rise to $0.038 during the next few days. The digital asset is trading for $0.0309 at time of writing, a 7.7% decrease on the day. On July 16th, PENGU reached its weekly high of $0.034, a 68% gain from its seven-day low of $0.0184.

According to the trader, PENGU feels like a “silent underperformer” as it has been the strongest meme asset during the last two weeks.

“Seeing PENGU up 143% in two weeks, has also been the best performing large cap meme (over 1 $billion market cap), I’d think more people would be talking about it. Maybe it’s my own echo bubble but feels like a silent outperformer.”

Moving on to the dog-themed meme asset Floki (FLOKI), Bluntz says that it has more room to grow before breaking its resistance level around $0.000123.

“Nice moves on Floki so far but still plenty of juice left in the tank. Breaking that $0.000123 resistance is inevitable [in my opinion].”

It appears that Bluntz’s prediction came true as FLOKI is trading for $0.000142 at time of writing, a 29% increase on the day.

Concluding his analysis with Bonk (BONK), another SOL-based memecoin, Bluntz says it appears as if it has much more room to grow despite rising 96% since the beginning of July.

“Well that was quick. BONK already +96%, and still looking like it has much higher to go.”

BONK is trading for $0.000036 at time of writing, a 4.9% increase on the day.

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Volkswagen ADMT, the automaker’s autonomous-driving subsidiary, will source real-time street-level data from Bee Maps, a spatial intelligence service that runs on Hivemapper’s Solana-based mapping network.

According to Hivemapper CEO Ariel Seidman, the partnership “shifts mapping from static to living,” and that robotaxi fleets require data “that evolves as fast as the streets do.”

Bee Maps aggregates imagery from drivers who install proprietary “Bee” dashcams and upload footage that machine-learning models translate into lane markings, signage, and temporary work zones. 

Participants earn HONEY tokens for each validated segment, giving Hivemapper what it calls “the world’s freshest map data.”

Hivemapper, which records contributions on the Solana blockchain, says its network now covers a double-digit share of global roads and updates more frequently than traditional fleet-car surveys.

Bee Maps sells the resulting data through APIs that feed routing, localization, and curb-management engines used by logistics firms and, now, robotaxi developers.

The companies did not disclose financial terms, but Bee Maps’ product literature indicates that it typically charges consumption-based fees rather than long-term licenses.

Live updates required

Volkswagen ADMT operates about 30 ID.Buzz autonomous electric minivans on Hamburg streets and will add “thousands” of units in Los Angeles under an agreement with Uber that targets fully driverless service by late 2026.

Each vehicle relies on a sensor array comprising 13 cameras and nine lidars that generate approximately five gigabytes of data per second. However, it still requires external maps to localize in adverse conditions such as rain, glare, or construction.

Bee Maps will stream refreshed road features into ADMT’s perception stack, allowing test engineers to validate maneuvers such as curb-aligned pickups and last-meter drop-offs without dispatching manual survey cars.

DePIN momentum

The agreement extends a trend of decentralized physical infrastructure networks, or DePINs, supplying data to legacy industries. 

Earlier this year, Lyft began piloting Hivemapper feeds for ride-hail drop zones, and logistics firms use the API to flag height restrictions and new speed limits.

For Volkswagen, crowdsourced updates could shorten the cycle between on-road edge cases and software releases as it scales the ID.Buzz robotaxi program across Europe and North America.

No regulatory approvals are required because the data transfer occurs off-board, the person added.

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A widely followed cryptocurrency analyst and trader is suddenly turning bullish on altcoins.

The analyst, pseudonymously known as Bluntz, tells his 322,200 followers on social media platform X that the Bitcoin dominance (BTC.D) metric is flashing a bearish divergence, setting the stage for alts to outperform the flagship crypto asset.

A bearish divergence occurs when the price is recording higher highs and higher lows while an indicator such as the Relative Strength Index (RSI) is recording lower highs. The RSI indicator is a momentum oscillator used to determine oversold or overbought conditions.

“The three-day BTC dominance bear divergence ended up rolling into a weekly bear divergence, too. The time to be long alts is here in my opinion.”

BTC.D is a metric that calculates how much of the crypto market cap belongs to Bitcoin. A bearish BTC.D chart indicates that altcoins are printing gains faster than BTC.

BTC.D is 65.34% at time of writing.

Next up, the trader says that the Solana (SOL)-based memecoin Bonk (BONK) may more than double in price after breaking out of a descending trendline on the five-day chart.

“Really not too sure about ATHs, but pretty confident BONK is going at least 100-130% higher.”

He also says that alts similar to BONK are starting to enter uptrends as well.

“BONK ecosystem coins going pretty crazy right now to be honest…

Can’t be long BONK ecosystem without being long BONK to be honest.”

BONK is trading for $0.00001614 at time of writing, up 9.7% in the last 24 hours.

Lastly, the trader says Useless Coin (USELESS), a SOL-based memecoin, could hit the level around $0.50 as it remains in a strong uptrend.

“USELESS dips still getting bought up every day constantly despite already being up big. $500 million market cap looks within reach.”

USELESS is trading for $0.248 at time of writing, down 7.6% in the last 24 hours. With a market cap of $247.5 million, the memecoin is the 256th largest crypto project.

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A widely followed analyst and trader who accurately predicted the Bitcoin (BTC) bottom in 2018 is highlighting one crypto asset that could go up by triple-digit percentage points.

The trader pseudonymously known as Bluntz tells his 321,100 followers on the social media platform X that dogwifhat (WIF), a memecoin built in the Solana (SOL) ecosystem, could go up by about 472% to reclaim and surpass the all-time high recorded in March of 2024.

“Still a lot of work to put in and need to see price action confirm, but I think there’s a very real chance a new impulse back to all-time high on WIF has commenced.”

According to the analyst who regularly applies the Elliott Wave theory in his technical analysis, WIF started a bullish uptrend earlier this month in a five-wave pattern. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern. Based on Bluntz’s chart on the three-day time frame, WIF bottomed out earlier this year.

Over the short term, the pseudonymous analyst says WIF could undergo a correction before rallying. Based on the widely followed analyst’s chart of the one-hour time frame, WIF could pull back by around 10% from the current level.

“Very obvious five-wave rise from the lows on hourly for WIF, would expect a bit of a pullback here before the next major leg up.”

WIF is trading at $0.845 at time of writing.

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An analyst known for making timely altcoin calls believes that one memecoin running on Solana (SOL) is gearing up for a huge upside burst.

Pseudonymous analyst Bluntz tells his 319,800 followers on the social media platform X that he sees the memecoin SPX6900 (SPX) igniting steep surges based on the principles of the Elliott Wave theory, an advanced technical analysis approach that tries to predict future price action by following crowd psychology that tends to manifest in waves.

According to the theory, a bullish asset tends to witness a five-wave rally, with wave three representing the longest and steepest upside move.

Says Bluntz,

“SPX looks insane in my opinion, it looks like the entire price action from the March lows is all 1-2s and hasn’t even had a wave three yet, setting the stage for a full-blown parabola later.”

Based on the trader’s chart, he seems to predict that SPX will rally to $2.20. At time of writing, SPX is worth $1.10.

The analyst is also bullish on dogwifhat (WIF), another Solana-based memecoin. The trader predicts that WIF will hit $1.25 in the near term.

“What a move on WIF already, well and truly reclaimed the range, and looking impulsive in my opinion, I think this pullback was a wave four low.”

At time of writing, WIF is worth $0.97.

Looking at the broader altcoin market, Bluntz believes that one group of coins has the potential to outperform all other tokens.

“When the real altcoin bid returns, memes are always the strongest.

It really doesn’t matter how badly you want fundamentals to matter, it won’t, because at the end of the day, it’s all vaporware anyway, and we all know it.”

But beyond the crypto market, the trader says he has his eye on silver, an asset that he thinks can shatter its all-time high of around $50.

“Silver/gold ratio looks like it’s starting to roll over with silver in USD gearing up finally for a major breakout.

Relative to gold price action, $75 silver not outside the realm of possibility in my opinion.”

At time of writing, silver is worth $34.50.

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Blockchain tracking platform Lookonchain says a crypto trader has turned less than ten thousand dollars into millions in just one month by betting on a crypto project built in the Solana (SOL) ecosystem.

According to Lookonchain, the unidentified trader purchased the native token of the social finance (SocialFi) crypto project Launch Coin on Believe (LAUNCHCOIN) worth approximately $9,075 and turned it into $4.7 million, a 517x return.

Lookonchain further says another trader, pseudonymously known as Pow, has recorded an over 7x return on LAUNCHCOIN.

“From near zero to $2.7 million — absolute legend!

Three months ago, @traderpow spent 1,466 SOL ($367,000) to buy 17.66 million LAUNCHCOIN, only to watch it crash approximately 99%.

But he held on.

Now, with LAUNCHCOIN breaking a $150 million market cap, his 17.66 million LAUNCHCOIN is worth $2.7 million!”

The blockchain tracking platform is also highlighting a trader who recorded a loss running into hundreds of thousands of dollars following a slump in the price of LAUNCHCOIN about three months ago.

“If this trader had been more patient, he could have made $7.3 million instead of losing $800,000.

Three months ago, he bought 45 million LAUNCHCOIN near the top, spending approximately $828,000.

But shortly after, LAUNCHCOIN crashed by over 90%.

He sold all 45 million LAUNCHCOIN (now valued at $8.2 million) for only $29,000 at a loss of $800,000.”

LAUNCHCOIN is trading at $0.191 at time of writing, up by 7,000% from the May 8th low of $0.00269. LAUNCHCOIN currently ranks 316th by market cap, which is slightly over $195 million.

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A closely followed crypto strategist believes one memecoin running on Solana (SOL) is not yet done rallying, even after posting over 60% gains this month.

Pseudonymous analyst Altcoin Sherpa tells his 245,000 followers on the social media platform X that he’s bullish on Bonk (BONK) following the altcoin’s breakout of an accumulation zone on the three-day chart.

The trader shares a chart suggesting that BONK can rally to as high as $0.0000262 after taking out its resistance at $0.0000142.

“BONK is going much higher (I have a bag). Looks good on the charts as well.

Think I’m going to add to my position if I get a small dip.”

At time of writing, BONK is trading for $0.0000182.

Turning to the native asset of the non-fungible token (NFT) project Pudgy Penguins (PENGU), the trader says the altcoin needs to print a bullish higher low setup at around $0.0065 to start reversing its multi-month downtrend. Otherwise, Altcoin Sherpa warns that PENGU may drop to as low as $0.004.

“Coins like PENGU got rekt the last several months but are showing some signs of life. The true test is going to be where the next low is and how the reaction is.

The trend is still bearish, so don’t be so quick to catch knives. That said, we could see some reversal if the environment continues to ease up.”

Based on the trader’s chart, he appears to suggest that PENGU may soar to as high as $0.014 if the altcoin manages to establish a higher low.

At time of writing, PENGU is worth $0.00985.

As for the broader altcoin market, the analyst warns that most coins are still in a high-time-frame downtrend and that the gains witnessed this month could be erased. However, Altcoin Sherpa notes that it is now within the realm of possibility for altcoins to start carving a major cycle bottom en route to a bullish reversal.

“To be clear, I’m pretty bullish overall and think that we’re going higher and the next major dip is a BUY THE DIP situation.

HOWEVER, most alts still are in bearish market structures (see TAO) and continuation of that trend is down. I think we go higher for everything, but just a careful reminder that these sh*tcoins are still in bearish trends and have made lower highs, lower lows.

I do think that we’re doing better, though.”

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A venture capital giant is reportedly investing tens of millions of dollars into a Solana (SOL)-based decentralized artificial intelligence (AI) project.

Venture capital firm Paradigm is investing close to $50 million into AI startup Nous Research, a firm that specializes in human-centric language models and AI research, bringing its token valuation up to $1 billion, reports Fortune.

According to Fortune, Nous Research plans to utilize artificial intelligence to train its open-source language models as a means of eventually competing with top AI firms, such as OpenAI and DeepSeek.

However, one difference in the firm’s approach compared to the traditional one is that Nous wants to train AI models in a decentralized manner, using spare computing capacity from around the globe, rather than train their models in a central data center.

Nous Research co-founder Karan Malhotra told Fortune that he, in collaboration with a former member of OpenAI’s founding team, created a method that would allow for the training of AI models in such a way.

As stated by Malhotra to Fortune,

“We think of the incentive mechanism behind crypto to push people to actually utilize their idle compute [of] less as a donation but more as a transaction…

We don’t want to get kind of bogged down by the traditional view of how crypto operates when we’re a very serious research lab and an academic lab. This is really the only way in which we can make such a massive training run and such a democratic thing possible.”

Though Nous has chosen to build on top of the smart contract platform, no timeline was given as to when the AI training product will go live. The firm is still deciding whether or not to give out rewards in SOL.

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A closely followed crypto analyst believes one meme token operating on Solana (SOL) is in the early stages of a market recovery.

Pseudonymous analyst Altcoin Sherpa tells his 243,800 followers on the social media platform X that he’s bullish on the memecoin Bonk (BONK).

The trader shares a chart suggesting that BONK will face resistance at the $0.000012 level before printing a bullish higher low setup and rallying to his target above $0.0000145.

“BONK is looking strong in the short term, and should go higher. Should be a pullback around the 200 EMA (exponential moving average) on the four-hour chart but still, I think this has pulled back enough to where any buying down here is probably reasonable.”

At time of writing, BONK is worth $0.00001376.

Turning to the low-cap altcoin Alchemist AI (ALCH), the analyst says the coin appears to be in an uptrend and that he’s waiting for potential dips to accumulate the asset.

ALCH is an artificial intelligence (AI)-based crypto project that allows users with no coding skills to generate codes by providing natural language descriptions.

Says Altcoin Sherpa,

“ALCH still seems like a really strong chart, don’t see it being mentioned much. I think it’s basically taken the place of ARC; a super volatile AI coin that moves 20% a day. Not in it but traded it a lot before; will look to buy dips.”

At time of writing, ALCH is the 431st-largest crypto asset by market cap, trading at $0.109.

Looking at Bitcoin, Altcoin Sherpa thinks that BTC will continue to consolidate within a large trading range in the short to mid-term.

“Expecting there is some sort of chop between $70,000-$90,000 over the next several weeks for BTC. Relative bottom probably in, but still some more consolidation to come.”

At time of writing, Bitcoin is trading for $85,366.

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A widely followed cryptocurrency analyst and trader is leaning bullish on an altcoin built in the Solana (SOL) ecosystem.

The trader, pseudonymously known as Altcoin Sherpa, tells his 243,700 followers on the social media platform X that the utility token of the decentralized bandwidth crypto project Grass (GRASS) is looking “extremely strong” following a 25% rally in just a day that effectively reversed a rout that came amid a crypto market-wide slump.

According to the pseudonymous analyst, GRASS is likely to experience a pullback before resuming the rally. Based on Sherpa’s chart on the four-hour time frame, it appears the widely followed trader is suggesting that GRASS could correct by around 15% before rallying by over 20% in a matter of days.

“Holy s**t what a reversal. Cream rises to the top, this is one of the best coins still.”

GRASS is trading at $1.89 at time of writing.

The pseudonymous trader says that altcoins are yet to bottom out and are likely to enjoy a consolidation period of up to two months before a rally ensues.

“Wouldn’t be surprised to see another month or two of chop. That doesn’t mean we’re not going to see big moves up or down, we already have. But the real meat of this move comes in the early parts of the summer, in my opinion, guessing May/June.”

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