Shanzhai coins have surged by 370% in four months. What are the prospects for Bitcoin and Dogcoin?

A cryptocurrency analyst said that a little-known counterfeit currency may undergo a significant adjustment after soaring three digit percentage points since June.Anonymous trader AltcoinSherpa stated that he believes that the blockchain Oracle counterfeit TellorTributes (TRB) will become one of the "best tokens" to short in the coming months

A cryptocurrency analyst said that a little-known counterfeit currency may undergo a significant adjustment after soaring three digit percentage points since June.

Anonymous trader AltcoinSherpa stated that he believes that the blockchain Oracle counterfeit TellorTributes (TRB) will become one of the "best tokens" to short in the coming months.

AltcoinSherpa predicts that TRB will "fall all the way", along with a chart showing a target price of approximately $14.

Shanzhai Coin Sherpa/X

As of the time of writing, Teller's trading price was $45.90, an increase of approximately 373% from the $9.70 price recorded on June 12th.

Speaking of Bitcoin (BTC), this anonymous analyst stated that in the months leading up to the start of 'fun', there may be no clear direction for the trading of flagship crypto assets.

I think we are still in a period of intense fluctuations and have not yet made a real breakthrough. It reminds me of 2019, when prices fluctuated above and below the 200 day EMA (Index Moving Average), with strange peaks everywhere.

I still think 2024-2025 is a fun time and strive to live until then

Shanzhai Coin Sherpa/X

As of the time of writing, the transaction price of Bitcoin is $26821.

Next is DOGE. Although a chart is attached indicating that DOGE is about to retest its support level for more than 14 months, Sherpa, the counterfeit coin, stated that he has not seen any opportunistic trends in the flagship meme coin.

Shanzhai Coin Sherpa/X

At the time of writing this article, the price of dog coins was $0.0580.

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