A prominent crypto strategist and trader, known as Inmortal, has shared his insights and predictions for the digital asset market in the first quarter of the year. In a recent post on the social media platform X, Inmortal expressed optimism about Ethereum (ETH) and its potential for significant rallies in the coming months.
According to Inmortal, ETH is poised to replicate its price action from Q1 of 2024, indicating a positive outlook for the digital asset. The trader’s chart suggests that ETH could reach a new all-time high of $5,300 by March, surpassing its current value of $3,646.
In addition to Ethereum, Inmortal also highlighted the potential for old altcoins and AI-focused projects to spark rallies in the next three months. He emphasized that ETH is expected to outperform other assets in Q1, while projects like SOL and AI coins are likely to experience significant price increases. However, the trader noted that memecoins may underperform during this period, with the exception of Floki (FLOKI), which he believes will stand out among its peers.
Inmortal’s chart suggests that FLOKI could follow a similar trajectory to Pepe (PEPE) in late 2023 to early 2024, with the potential to reach a new all-time high of $0.0005 by the end of Q1. Currently trading at $0.00019, FLOKI has the potential for substantial growth in the coming months, according to the trader’s analysis.
Overall, Inmortal’s predictions for Q1 encompass a range of assets and projects, with a focus on Ethereum, AI coins, and select memecoins like FLOKI. As the digital asset market continues to evolve, traders and investors will closely monitor these developments to capitalize on potential opportunities for growth and profitability. Subscribe to stay updated on the latest market trends and price actions, and follow us on X, Facebook, and Telegram for real-time updates.