A popular crypto trader, known as Inmortal, is forecasting some major price movements in the crypto market during the first quarter of 2024. He’s shared his predictions with his over 200,000 followers on X.
Ethereum (ETH) to Soar?
Inmortal believes Ethereum is poised for a significant rally in Q1 2024, potentially mirroring its performance from Q1 2024. He predicts ETH could hit a new all-time high of $5,300 by March, a substantial increase from its current price.
Other Crypto Predictions
Inmortal’s Q1 predictions extend beyond ETH:
- Altcoins: He anticipates a surge in older altcoins and those focused on artificial intelligence (AI).
- Solana (SOL): He forecasts SOL reaching over $300.
- AI Coins: A “mega-pump” is predicted for AI-related cryptocurrencies.
- Memecoins: Most memecoins are expected to underperform, with one exception.
- “Dino” Coins: This category is expected to perform well.
Floki (FLOKI): The Memecoin Exception
While Inmortal isn’t bullish on most memecoins, he’s particularly optimistic about Floki (FLOKI). He sees FLOKI following a similar price trajectory to Pepe (PEPE) from late 2023, predicting a new all-time high of $0.0005 by the end of Q1. This represents a significant jump from its current price.
Disclaimer: This information is for entertainment purposes only and is not financial advice. Always conduct your own research before investing in cryptocurrencies.