Cryptocurrency analyst Inmortal, smart contract platform solana The chart is preparing for a strong bull market. believes.
The analyst published his detailed forecast, stating that SOL offers a great accumulation opportunity for long-term bulls. The analyst’s long-term profit target for bulls is $250.
According to Inmortal, those who accumulate Solana now will likely be rewarded in the coming years. According to the analyst, every purchase below $ 20 has the potential to generate profits in the future. Possible future from investors FTX Answering the question, the analyst believes that FTX’s fear of emptying its tokens is meaningless.
As Koinfinans.com reported last month, court documents revealed that FTX owns Solana worth $1.16 billion. This has led many investors to believe that the altcoin would likely see lower prices if the bankrupt crypto exchange liquidates its holdings.
However, investor Chris Burniske pointed out that only a portion of FTX’s SOL assets are liquid. This represents an average asset of 13%.
Inmortal notes that Solana’s recent rally is a harbinger of how SOL will move over the next few years.
This rise is just one example of how the SOL will act in the coming years. The most hated rally ever.
