Weekend Crypto Watch: BNB, SOL, ALGO, and W Coin Set for Major Moves
Markets don't sleep on weekends—and neither should your portfolio. Four tokens show explosive potential as trading volumes spike and institutional money creeps into altcoins.
BNB: Exchange Token Powerhouse
Binance's native token defies regulatory headwinds with relentless utility growth. Trading fee discounts still drive adoption while the chain's DeFi ecosystem expands faster than regulators can draft warning letters.
SOL: The Phoenix Chain
Solana's comeback story writes another chapter this weekend. Network upgrades slash transaction costs while NFT volumes suggest retail hasn't abandoned ship—contrary to what traditional finance pundits claim between sips of overpriced coffee.
ALGO: Pure Protocol Play
Algorand's pure proof-of-stake architecture actually works—no energy guilt trips needed. Institutional partnerships accumulate quietly while retail traders chase louder narratives. Sometimes the boring tech makes the smartest bet.
W Coin: The Dark Horse
Low float, high volatility—this token moves when liquidity thins. Weekend traders love these setups, though sane portfolio managers would never admit allocating more than 1% to something this unpredictable.
Remember: Weekend pumps often become Monday dump—unless you're the one selling before everyone else wakes up. The only thing more volatile than these charts? A banker's moral compass during bonus season.
As August draws to a close, the weekend approaches with an air of anticipation in the cryptocurrency market. This month has been particularly volatile for cryptocurrency enthusiasts. Commencing with a downturn, temporary uplift accompanied by PPI data, and concluding with a decline triggered by Fed member Cook’s opposition, investors now brace themselves. What are the dollar targets for BNB, SOL, ALGO, and W Coin this weekend?
ContentsTargeting ALGO and W CoinBNB and SOL Coin Prospective PathsTargeting ALGO and W Coin
In a recent analysis, Michael Poppe highlighted these two altcoins. At the time of writing, altcoins faced losses nearing 5%, and BTC was violating the $108,000 support level. This weekend might present directionless or downward movement unless an unexpected event occurs, combining with a lack of liquidity.
An analyst, sharing the current chart of W Coin, suggested that potential investors should consider evaluating the current region. Sherpa and other analysts also regard current altcoin levels as favorable long-term opportunities.
“One of the best for accumulation and holding. I anticipate a significant breakout and trend change once it surpasses the 20-W EMA. Currently, there are significant news events and numerous positive developments. I’m simply accumulating.” – Poppe
For an upward rally, the target is $0.18, whereas a downward shift might revisit the $0.08 to $0.07 range. Despite Poppe’s optimism, the consistent downtrend and inability to aim for election rally levels is perplexing. While many altcoins target these rally levels, W Coin seems dormant all year.
This week, ALGO made significant market-making advancements, beneficial for liquidity. The analyst noted that this weekend provides an excellent accumulation opportunity for ALGO.
“Honestly, beneath the 20-W EMA, it’s a fantastic accumulation opportunity before heading towards $1.”
BNB and SOL Coin Prospective Paths
Among major altcoins, BNB Coin almost hit the $1,000 mark. However, maintaining above the July peak is reassuring. Preserving the $844 and $825 levels is significant for constraining short-term downside. With a $1 billion BNB reserve MOVE and CFTC’s global accessibility initiative for U.S. investors, BNB/Binance has favorable prospects in the short term, making $1,000 an achievable target.
The weekend’s pivotal point will be the bulls’ reaction to support tests and BTC’s ability to maintain the $108,000 level.
SOL Coin is on the verge of further decline. Solana
$203 bulls hit a wall at $214 and now aim for $189. Although speculative rises might occur to thwart high-leverage short sellers, the expected scenario is SOL Coin declining to the $189-$182 price range as BTC weakens.
