Analyst Updates Outlook on Pepe, Floki, and Chainlink; Predicts Explosive Growth of Ethereum Rival, Blue-Chip, up to 237%
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Analyst Updates Outlook on Pepe, Floki, and Chainlink; Predicts Explosive Growth of Ethereum Rival, Blue-Chip, up to 237%

An anonymous crypto strategist, known as Inmortal, has made a bold prediction about the potential future of Solana (SOL), a major competitor to Ethereum (ETH). In a recent post on the social media platform X, Inmortal informed his 213,800 followers that he believes Solana could experience a massive rally, reaching a new all-time high (ATH) by the end of the summer. Inmortal’s chart analysis suggests that Solana’s price will first consolidate before breaking through the diagonal resistance and reaching new ATHs. It’s worth noting that Solana’s previous ATH was around $260, achieved in November 2021. As of now, Solana is trading at $178, experiencing a slight decrease in the past 24 hours.

Moving on to Ethereum, Inmortal predicts that the recent rally of this digital asset will have a positive effect on memecoins Pepe (PEPE) and Floki (FLOKI). According to Inmortal, Ethereum’s upward movement will allow these altcoins to also rise in value. The analyst’s chart analysis suggests that Floki could potentially reach $0.000340, representing a gain of over 52% from its current value. At the time of writing, Floki is trading at $0.000223, showing a modest increase of nearly 2% in the past 24 hours.

Lastly, Inmortal shares his thoughts on Chainlink (LINK), a decentralized oracle network. The analyst believes that if LINK can maintain $16 as a support level on the three-day chart, it has the potential to reach $28. Inmortal mentions the “Marines,” indicating that investors are ready to push the price higher if the $16 level is successfully held. Currently, LINK is trading at $16.35, experiencing a 2% decrease in the past 24 hours.

It’s important to note that the opinions expressed by Inmortal on the social media platform X are not financial advice, and investors should conduct their own research before making any investment decisions. The Daily Hodl, where this information was sourced from, does not endorse the buying or selling of any cryptocurrencies or digital assets. As always, investors should proceed with caution and be aware that trading involves risks.

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