The cryptocurrency market is failing to maintain its upward momentum. Rallies are short-lived and sales follow shortly after. However, an analyst with a wide following speaks very hopeful for 3 altcoins.
Inmortal: FLOKI is the memecoin of this bull run
cryptokoin.comAs you can see from , although the market moves upwards at times, it cannot continue. Leading crypto Bitcoin is stuck between $42,000 and $43,000, following spot Bitcoin ETFs. However, analysts see progress potential for some tokens. Analyst with the pseudonym Inmortal says meme coin Floki (FLOKI) is preparing for a big rally. In this context, the analyst said, “FLOKI is the memecoin of this bull run. “You can try to change my mind, but you won’t succeed.” says.
According to his chart, the analyst makes a comparison between Dogecoin (DOGE) and FLOKI. Thus, it suggests that FLOKI will rise in price in 2021, as DOGE did, after trading sideways for most of 2020, as it did in 2023. Meanwhile, FLOKI was trading at $0.00002795 at the time of writing, up 2.3% on a daily basis. The altcoin remains in the slightly red zone on its weekly chart.
The analyst’s target for LINK is quite high: $100!
The analyst also has his eye on decentralized oracle provider Chainlink (LINK). He predicts LINK will rise to $100 this cycle, an increase of approximately 440% from its current value. In this regard, the analyst says the following for the altcoin:
After complex mathematical calculations and years of research, I came to the following conclusions:
1. LINK is extremely undervalued (I’ve been saying this since $6 lmao).
2. At some point in this cycle: one LINK = $100.
Meanwhile, LINK was trading at $18.34 at the time of writing, down 1.7% on a daily basis. However, the altcoin increased by over 16% on its weekly chart.
“170% nothing for the leading altcoin rival!”
Solana experienced a network outage on Tuesday. Despite this, the analyst says that Solana’s (SOL) price stability indicates that the crypto market is in a bullish cycle. The analyst said, “SOL Blockchain crashed, the price did not drop. In a bear market you would see a 20% red candle. What else do you need to finally accept where we are in the cycle?” she says. Continuing his evaluation, the analyst talks about a 170 percent move for the altcoin:
Solana rose 1300% from the bottom. Solana only needs 170% to make a new ATH. 170% is nothing in a bull market. Only imagination can show you what prices we will see between 2024/2025.
Meanwhile, SOL was trading at $95.59 at the time of writing, up 2.3% on a daily basis. SOL saw a decrease of approximately 4% on its weekly chart.
To be informed about the latest developments, follow us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!