Inmortal trader names tokens whose value will increase significantly by more than 100%

A crypto expert who closely monitors the development of digital assets has published a new forecast for the value of tokens. According to him, several altcoins are expected to grow in the near future, including his own asset, the decentralized oracle network Chainlink (LINK).

The analyst, who goes by the pseudonym Inmortal, told his 211,300 followers on the social platform X that LINK is approaching the $ 26 mark. However, before Chainlink can rise to the level last seen more than two years ago, Inmortal expects the altcoin to fall to $ 15.

The trader is also positive about the future of the gaming crypto project Beam (BEAM). Inmortal shared a chart showing that BEAM could drop below $ 0.025 before rising 100%.

The crypto strategist is also keeping a close eye on Dogecoin’s (DOGE) competitor Floki (FLOKI). The trader believes that FLOKI is significantly ahead of DOGE in this cycle. Inmortal previously predicted that Floki would mirror Dogecoin’s price behavior during the last bull market and rise to a new all-time high, which is about 680% higher than the current level.

«FLOKI is going to do what DOGE did in 2021. This is the season of memecoins, and Floki is going to be the best of them, in my opinion,» the analyst wrote.

According to experts, memecoins are not recommended assets for an ideal crypto portfolio. This class of cryptocurrencies lacks strong fundamentals to sustain any acquired demand in the long run. Financial experts usually describe the risks of speculating with memtokens in accordance with the «Great Fool Theory».