While the cryptocurrency market aims to make a fast start to 2024, experts say Ethereum (ETH) $3,610.1 and makes remarkable predictions for other popular coins. An analyst known as “Inmortal” with 222,400 followers on the social media platform According to the analyst, ETH is expected to rise from its current value of $3,646 to $5,300. This prediction represents a historical record for Ethereum.
Ethereum’s Potential Rise
According to the charts shared by the analyst, Ethereum may gain strong momentum until March 2024. The analyst stated that this rise may also affect the overall performance of the cryptocurrency market. “Ethereum will have a strong first quarter,” said the analyst, adding that market conditions provide a positive environment for ETH.
Not only Ethereum, but also Solana (SOL) and artificial intelligence-focused crypto projects are expected to come to the fore in the coming months. The analyst thinks Solana’s value could reach a new high with an increase of $300. In addition, artificial intelligence-themed coins are expected to rise and become attractive to investors.
Prospects for Memecoins and FLOKI
Taking a more cautious stance on Memecoins, the analyst predicts a general stagnation in this category. However, he states that FLOKI may stay out of this trend. According to the analyst, it is possible that FLOKI mirrors the previous performance of Ethereum-based memecoin PEPE. It is estimated that FLOKI may rise from $0.00019 to $0.0005 by the end of the first quarter of the year.
These predictions present potential opportunities for investors. The analyst points out the volatile nature of the cryptocurrency market and recommends that investors closely monitor market movements. He emphasizes the importance of personal analysis as well as expert opinions.
The cryptocurrency market can shape the strategic decisions of investors with its dynamic structure and rapid changes. Ethereum, FLOKI and artificial intelligence-focused coins are among the assets that should be watched carefully in the first quarter of 2024.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
