A cryptocurrency strategist who follows closely believes that Ethereum (ETH) rival Solana (SOL) is poised for an explosive rally.
Pseudonym analyst Inmortal says Solana could rise more than 340% from its current value by 2025, according to its 206,500 followers on social media platform
He believes that SOL could go parabolic, similar to how ETH reached all-time highs in 2021.
“ETH rose from $80 to $4,500 in 2021.
SOL will rise from $8 to $450 in 2025.”
But the merchant predict In the short term, ETH will outperform SOL.
“Just say it out loud. ETH has a good chance of outperforming SOL in the coming months. After that, SOL will be the leader again.”
he closely watching The first major price target is $120-$130, followed by whether Solana can turn the major resistance levels of $190-$200 into support.
“The three most important levels in SOL. We teleport from one place to another.”
Solana is trading at $100.16 at the time of this writing, down nearly 3% in the last 24 hours.
The merchant is also predict Bitcoin would retest the $47,000 level next week and then rise above $53,000 in early March.
“I’m not interested in short stories. I’m going to turn off my brain and wait for this setup to develop.”
Finally, the merchant Called Floki (FLOKI), a memecoin dog-themed cryptocurrency asset, is likely to launch before its memecoin rival Dogecoin (DOGE).
“DOGE will soon end its accumulation of over 600 days. I would like to say that FLOKI will follow DOGE, but I think it will be the other way around. Floki will lead this cycle.”
As of this writing, Floki is trading at $0.0000346, up more than 3% in the last 24 hours. Meanwhile, Dogecoin is trading at $0.0849 at the time of writing, down 1% over the past week.
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