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Trader Unveils Massive Price Target for Ethereum Rival, Says Memecoins Attract Retail Investors

The article discusses the crypto strategist Rager's bullishness on the Ethereum challenger, Fantom (FTM). Rager believes that FTM will hit his price target of $3.31 by April, which suggests a potential price rise of over 366%. He also notes that if the project successfully transitions to Sonic, FTM can reach even higher levels. Sonic is a layer-1 chain with a layer-2 bridge to Ethereum, providing the benefits of both layers. Additionally, Rager views meme tokens as a gateway for retail investors to enter the crypto market, and he predicts that meme coins like PEPE, POPCAT, and BONGO will thrive in the coming year. Regarding Bitcoin, Rager forecasts one more shallow correction to $66,000 before it surges to new all-time highs.

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