As the cryptocurrency market aims for a robust start in 2024, experts are making remarkable predictions for Ethereum (ETH) 
$3,420 and other popular coins. An analyst known as “Inmortal” on the social media platform X, who has 222,400 followers, suggests that Ethereum will exhibit a strong upward trend in the first quarter of this year. According to this analyst, ETH’s current value of $3,646 is expected to rise to $5,300, marking a historic record for Ethereum.
Potential Surge of Ethereum
Based on graphs shared by the analyst, Ethereum could gain significant momentum by March 2024. The analyst notes that this increase may also impact the overall performance of the cryptocurrency market. Stating, “Ethereum will have a strong first quarter,” the analyst emphasizes that market conditions present a favorable environment for ETH.
Not only Ethereum but also Solana 
$205 (SOL) and AI-focused crypto projects are expected to gain prominence in the coming months. The analyst believes that Solana’s value could reach a new level with a $300 increase. Additionally, the rise of AI-themed coins is anticipated to attract investor interest.
Expectations for Memecoins and FLOKI
Taking a more cautious stance on memecoins, the analyst predicts a general stagnation in this category. However, they indicate that FLOKI may stand out from this trend. According to the analyst, FLOKI could reflect the previous performance of the Ethereum-based memecoin PEPE, with a potential rise from $0.00019 to $0.0005 by the end of the first quarter.
These predictions offer potential opportunities for investors. The analyst highlights the volatile nature of the cryptocurrency market, advising investors to closely monitor market movements. They stress the importance of personal analyses alongside expert opinions.
The cryptocurrency market can shape strategic decisions for investors due to its dynamic nature and rapid changes. Ethereum, FLOKI, and AI-focused coins are among the assets to be closely monitored in the first quarter of 2024.
