#Binance #Solana #DOGE #PEPE‏ #FLOKI

“The last recession in history”: analyst predicts Solana rally and says three memcoins will rise along with SOL

A closely followed crypto trader believes Solana (SOL) has just witnessed the latest major correction of this market cycle.

The analyst, who goes by the name Inmortal, tells his 213,300 followers on social media platform X that SOL bulls have successfully defended support at around $120.

The trader shares a chart suggesting the blue-chip altcoin is now poised to rise to a new 2024 high of $320.

Inmortal also predicts that the memcoin trio will team up with Solana. The trader is keeping a close eye on Floki (FLOKI), which he says is looking bullish after retesting the 200 moving average (MA) on the eight-hour chart and reclaiming support at $0.00015.

Inmortal believes FLOKI will fall to around $0.00017 before rising to $0.00025 later this month.

“Meme coin frenzy intensifies with rising transaction volumes. Here are some top picks for maximizing profits: 📈🚀🚀

1. Floki (FLOKI): Originally inspired by Elon Musk's dog, Floki has evolved into a full-fledged Web3 project. Its price has surged by 359% over the past year and is forecasted to reach $0.000380 by the end of 2024, making it a promising investment.

2. Dogwifhat (WIF): Based on the Doge meme, Dogwifhat has shown impressive performance, skyrocketing by 162,671.14% in the last 5 months. Predictions suggest it could hit $5.02 by the end of 2024, positioning itself as a major player among meme coins.

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