Crypto analyst Bluntz believes a Solana-based memecoin is poised for significant gains. Drawing on Elliott Wave theory, he suggests the token’s current chart pattern points to an explosive move ahead. He argues that the token hasn’t reached its third wave, typically the most aggressive phase in a five-wave bullish cycle. According to Bluntz, the recent consolidations since March create potential for a steep parabolic rise. He forecasts the token could double in price, reaching $2.20 from its current level of $1.10. This bullish prediction reflects the continued appeal of Solana-based memecoins within the broader market trend of speculative altcoin investments.