Solana Predicts Record Heights; Memecoin Trio Poised for Surge

Crypto analyst Inmortal predicts a surge for Solana (SOL), targeting a new all-time high of $320 and labeling it as the "last dip ever." Additionally, the analyst foresees a bullish rally for memecoins FLOKI, DOGE, and PEPE, as well as support for Seedify.Fund (SFUND) as it retests a 578-day accumulation period.

Solana Poised for Record-Shattering Highs; Memecoin Trio Set to Surge

Renowned cryptocurrency analyst Inmortal has issued a bold prediction for Solana (SOL), forecasting an unprecedented all-time high of $320. This optimistic outlook coincides with the analyst's belief that SOL is currently experiencing its "last dip ever."

Inmortal's analysis has garnered significant attention, given his impressive following of over 213,000 on the X platform. His bullish stance is further supported by the broader crypto community, including prominent experts and investors.

According to Inmortal, SOL's technical indicators suggest a robust upward trajectory. He emphasizes the importance of holding the $120 support level to maintain the short-term bullish momentum. At the time of writing, SOL is trading at $146, having experienced a 7% correction in the past 24 hours. However, the coin remains in positive territory, fueled by a 21% surge over the past week.

If SOL realizes its predicted gain, investors purchasing at current prices stand to reap a substantial 110% return. This bullish outlook is bolstered by the rapidly expanding Solana ecosystem, which includes projects like Jito (JTO), Jupiter (JUP), and Pyth.

Inmortal's analysis extends beyond SOL, encompassing the realm of memecoins. He predicts a surge in the value of three specific memecoins – FLOKI, DOGE, and PEPE – should SOL experience a bullish breakout. This correlation is based on the historical tendency for memecoins to follow the broader market trend, particularly during bull runs.

Floki (FLOKI), in particular, has caught the analyst's attention. He believes the coin exhibits bullish signs, with positive indicators on the eight-hour chart and a strong support level at $0.00015. Inmortal anticipates a brief dip to $0.00017 before a surge to $0.00025 later this month.

Seedify.Fund (SFUND), an incubator and launchpad focused on blockchain gaming, has also earned a spot on Inmortal's radar. The trader notes that SFUND is currently retesting a 578-day accumulation for the second time, providing a solid foundation for support at $2.60. He foresees a rally that could push the altcoin to $6.

Inmortal's predictions underscore the potential for significant gains in the cryptocurrency market. With SOL poised for record-breaking highs and memecoins set to ride the wave of bullish momentum, investors are presented with ample opportunities for growth and profitability. However, it is crucial to exercise due diligence, conduct thorough research, and remain informed about market developments before making any investment decisions.