FLOKI Rallies 40% as Analyst Predicts Further Gains

A widely followed crypto analyst and trader, Inmortal, has asserted that a Dogecoin rival, Floki (FLOKI), is in the early stages of a significant rally. Inmortal, who has a substantial following of 232,000 on the social media platform X, shared his insights with his followers, stating that FLOKI is just beginning its ascent. He noted that the cryptocurrency has seen a 40% increase without any dips, indicating a strong upward trend.

Inmortal's prediction aligns with his earlier statement from this month, where he anticipated that "god candles" would be coming for FLOKI. At the time of writing, FLOKI is trading at $0.000079, which is a 77% decrease from its all-time high. Despite this, Inmortal remains optimistic about FLOKI's potential for growth.

In addition to FLOKI, Inmortal has also expressed his views on Solana (SOL), another prominent cryptocurrency. He believes that the month of May will be crucial in determining whether Solana can achieve a bullish reversal. According to Inmortal, Solana may either print a bullish higher low setup or continue its downtrend next month. He emphasized the importance of May, stating that within the next 30 days, it will be clear whether the market is experiencing a bear market bounce or a bull market dip.

Inmortal recently informed his followers that Solana is outperforming Ethereum (ETH) in the latest market bounce this month. He suggested that this performance could be an indicator of which cryptocurrency will outperform when the bull run resumes. At the time of writing, SOL is trading at $149.82, while Ethereum is worth $1,799.

Inmortal's analysis and predictions highlight the potential for growth in both FLOKI and SOL. His insights are based on the recent performance of these cryptocurrencies and their potential for further growth. As the market continues to evolve, Inmortal's predictions will be closely watched by investors and traders alike.