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

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Daily Hodl2025/04/27 16:00

By:by Daily Hodl Staff

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.”

Trader Says Rallies for Dogecoin Rival Just Getting Started, Predicts Month of May To Decide Direction for Solana image 0

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.”

Trader Says Rallies for Dogecoin Rival Just Getting Started, Predicts Month of May To Decide Direction for Solana image 1

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.”

Trader Says Rallies for Dogecoin Rival Just Getting Started, Predicts Month of May To Decide Direction for Solana image 2

Source: Inmortal/X

At time of writing, SOL is trading at $149.82 while Ethereum is worth $1,799.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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