Anonymous cryptocurrency analyst Inmortal made positive predictions about Solana (SOL) and Floki (FLOKI). Inmortal stated that he expects a major rally after Solana breaks the $200 resistance. He pointed out that Floki may experience a significant price increase by the end of August and underlined the high interest in memecoins.
In his posts on social media platform X, Inmortal predicted that Solana could surpass Bitcoin and Ethereum (ETH) in the current cycle. According to the analyst, a parabolic rally could occur if Solana repeats the price movement of late 2020. To support this prediction, he stated that he predicted a big rise after Solana broke the resistance at the $200 level. At the time of writing, SOL is trading at $189.
Also expressing an optimistic view for Floki, Inmortal predicts that the price of this memecoin may rise to $0.00028 by the end of August. This estimate marks a significant increase from Floki's current value of $0.000177. Inmortal stated that individual investors' interest in memecoins is high and emphasized that the attractiveness of such assets will continue.
For Bitcoin, Inmortal predicts that the price of the largest cryptocurrency may first drop to the level of 50 thousand dollars and then consolidate above 60 thousand dollars. He stated that after this consolidation, Bitcoin could reach new historical peaks in the second quarter of 2025. This prediction of the analyst came at a time when Bitcoin returned from the level of 70 thousand dollars and fell to 66 thousand 500 dollars.
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