Crypto analyst says he is bullish for two altcoins

The popular cryptocurrency analyst talked about the potential of two cryptocurrencies with a market capitalization below $1 billion.

The analyst, known as Altcoin Sherpa on the X platform, analyzed JUP, the native token of Jupiter, a Solana-based exchange aggregator.

The analyst predicted that JUP will likely form a local bottom at $0.50 before rising to $0.82.

“I still believe it will go up in the short term, I just think it will go down for a while.”

! [JUP] (https://img-cdn.gateio.im/webp-social/moments-fdfb96d993-7d1d56bfbd-e2294f-d8d215.webp)JUP is traded at $0.60 at the time of writing, according to CoinMarketCap data.

MANTA can jump

Focusing on MANTA, the token of the privacy-focused Manta Network, Altcoin Sherpa claimed that the value of the asset could jump if Bitcoin does not experience any decline.

“The asset could return to $2.50 or lower. In my opinion, he is still an asset to watch out for. “As long as Bitcoin is stable, I expect it to recover in a short time.”

! [MANTA] (https://img-cdn.gateio.im/webp-social/moments-fdfb96d993-0cc570ba8b-e2294f-d8d215.webp)MANTA is traded at $ 2.93 according to CoinMarketCap data at the time of writing.