A crypto strategist known for making timely altcoin calls believes that the native asset of a layer-1 project is gearing to witness its first uptrend.

Crypto exchange Coinbase has announced the introduction of perpetual futures contracts for Render (RNDR), Saga (SAGA), and Threshold (T) on its International Exchange and Coinbase Advanced platforms. Following this announcement, the tokens saw positive price movements, reflecting increased investor confidence.

A widely followed crypto strategist and trader believes that one low-cap layer-1 altcoin project may be gearing up for a massive rally. Pseudonymous analyst The Crypto Dog tells his 810,000 followers on the social media platform X that Saga (SAGA) may be breaking out of a descending trendline on the three-day chart. “Longed SAGA.

With the price of Bitcoin hovering close to its $58K mark, the cryptocurrency market has continued recording constant pumps and dumps over the past few days. This has resulted in investors experiencing a FOMO-like situation.

SAGA, the native token of the Layer 1 protocol Saga, has experienced a surge in trading activity over the past 24 hours. The token's price has spiked by 30%, accompanied by a 350% increase in trading volume during this period.

Venture capitalists have been reaping massive gains on a select group of altcoins. However, recent indicators suggest that these investors may be considering selling their holdings soon.

A widely followed cryptocurrency analyst and trader is forecasting that one blue-chip altcoin could rally by double-digits. The analyst pseudonymously known as The Crypto Dog tells his 782,000 followers on the social media platform X that Dogecoin (DOGE) could hit a price of $0.