Trader Says Rallies for Dogecoin Rival Just Getting Started, Predicts Month of May To Decide Direction for Solana

Widely followed crypto analyst and trader Inmortal says that one Dogecoin ( DOGE ) rival is in the early stages of a lengthy rally. The pseudonymous analyst tells his 232,000 followers on the social media platform X that Dogecoin competitor Floki ( FLOKI ) is just beginning its ascent. “+40%, no dips. We are just getting started.” Source: Inmortal/X Earlier this month, Inmortal predicted that “god candles” would be coming for FLOKI. At time of writing, FLOKI is trading at $0.000079 and is down 77% from its all-time high. Inmortal also has his eye on Solana ( SOL ). According to the trader, next month will decide whether the top Ethereum ( ETH ) rival can pull off a bullish reversal. The trader believes that Solana may either print a bullish higher low setup or continue its downtrend next month. “You can’t imagine how important May is. In the next 30 days, we will have a pretty clear answer: Bear market bounce or bull market dip.” Source: Inmortal/X The trader recently told his followers that Solana is already outperforming ETH in the latest market bounce this month. “SOL outperforming ETH in this bounce. Obvious clues as to which out-performer will be when the bull run resumes.” Source: Inmortal/X At time of writing, SOL is trading at $149.82 while Ethereum is worth $1,799. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: DALLE3 The post Trader Says Rallies for Dogecoin Rival Just Getting Started, Predicts Month of May To Decide Direction for Solana appeared first on The Daily Hodl .