If Crypto Analyst CobraVanguard is correct, Solana based meme coin MYRO could hit a $1 billion market cap. According to the analyst, MYRO is heading for a 200% price spike, currently trading at around $0.08.
On the daily chart, CobraVanguard pointed out the ‘falling wedge’ pattern, indicating the breakout is due and will send the price to $0.2. This would leave MYRO’s market cap over $200 million, gaining further.
MYRO Surpassing Dogwifhat Predicted
But he is not the only one optimistically touting the stock: Crypto analyst SwallowPremium says additional burst upward may follow a breakout above $0.2. A key target: MYRO’s all time high of $0.4 in March is still holding.
This level of return would increase the coin’s market cap above $400 million, infusing speculation of such heights as $1 billion. Yzzz, the analyst, bounced off these same predictions on the social media, saying that MYRO is on the verge of a breakout if Bitcoin starts travelling.
Meme coin listing on the major exchanges such as Binance and Bybit for perpetual trading is important as it is the lowest market cap Solana meme coin to hit this. Yzzz also compared meme coin to rival Solana based meme coin Dogwifhat (WIF) and predicted that as meme coin grows meme coin will start surpassing Dogwifhat.
Momentum continues to build behind the coin, and he urged investors to ‘place their bets’. The trading price of meme coin at the time of writing is approximately $0.08, and meme coin has spiked 15% in that time.
