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Altcoins Solana, Dogecoin Set for Gains

Release: 2024/05/08 16:50 Reading: 419

Original author:BH NEWS

Original source:https://coinmarketcap.com/community/articles/663b334ca9748855d27d5c1c

Altcoins Solana, Dogecoin Set for Gains

Altcoins Solana, Dogecoin Set for Gains

According to renowned crypto analyst Inmortal, several altcoins, including Solana (SOL), are poised for potential growth following a recent market correction.

Solana's Ascent and Ripple Effect

Inmortal predicts that Solana, currently trading at $147, will reach $320 by 2024, building upon its support level of $120. This trajectory could positively impact other cryptocurrencies such as Floki (FLOKI), Dogecoin (DOGE), and Pepe (PEPE). Floki has recently rebounded from its 200 moving average, indicating a potential rise to $0.00025.

Seedify.Fund's Emergence

Another asset garnering Inmortal's attention is Seedify.Fund (SFUND), a platform for blockchain-based games. SFUND has established support at $2.60 and is expected to embark on an upward trend. Its resilience during a consolidation period suggests a target of $6 in the coming months.

Analyst Insights for Investors

Investors should consider:

  • Monitoring Solana for potential returns.
  • Keeping an eye on Floki and Dogecoin as they may benefit from Solana's success.
  • Exploring Seedify.Fund as a long-term investment opportunity.

Inmortal's predictions provide valuable insights into potential altcoin movements. While they do not guarantee future performance, they can assist investors in navigating the complexities of crypto investments.

The post first appeared on BH NEWS: Altcoins Solana, Dogecoin Set for Gains

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