Popular analyst Cilinix Crypto anticipates Solana gaining pace in the coming months. He also predicts that a new GambleFi crypto, Memebet token, will see significant gains.
Analyst Cites SOL’s Bullish Technical and Fundamental Confluence
Cilinix Crypto pointed to $144 as a springboard for gains up to $162 and beyond.
At press time, SOL is priced at $145, showing the analyst’s key level is holding strong.
The popular YouTuber began the video by dissecting Solana’s price action.
He noted that Solana has been creating higher lows on its price chart through recent months and says it “looks bullish.”
He then pointed to a consolidation range between $120 and $162 and said it has found “pretty strong support,” which could create “one hell of a wave” to the upside.
“As long as we hold $144, it’s most likely that we can get back to the top of the range here – at least to $162,” said the analyst.
He continued, “And then there are reasons that we could get above that as well.”
All of this is good news for Solana. Though its price has been a lot less explosive than earlier in the year, it has steadily climbed from its lows at the end of August, something which Cilinix Crypto says “is healthy.”
The analyst also highlights that Solana’s recent rally has been driven by spot buying rather than leverage.
Typically, spot buyers are longer-term holders compared to those who buy with leverage, which Cilinix Crypto says is “obviously better.”
He also noted that Solana’s total value locked is rising, and Solana meme coins are “doing very well.”
“Fundamentally, there are a lot of things going for Solana. That’s why we will get to $162 at least, and then we’ll talk about getting above that,” he said.
Indeed, the analyst’s bullish expectations for Solana stem from an overarching sentiment that a new crypto bull run is arising.
Therefore, Cilinix Crypto has provided exciting predictions on several other cryptocurrencies, but one of his most popular forecasts is for Memebet token.
Memebet is a new meme coin casino that recently just launched a presale.
Memebet Token Nears $400K Raise, Cilinix Crypto Tips 5X Gains
One of the things separating Memebet from something like Solana is that it is newly launched, which presents a much greater opportunity for gains.
As such, Cilinix Crypto says it can 5x in price.
The analyst points to a crypto casino presale called TG Casino that took place last year and returned 5x gains for investors.
However, Memebet separates itself from other crypto casinos by being the only one that is meme coin-friendly.
Users can wager all the top joke tokens, including Dogecoin, Shiba Inu, and Pepe, providing new utility to one of crypto’s hottest sectors.
The project also heavily emphasizes community rewards, with airdrops, real-life prizes, and casino bonuses all on offer.
Moreover, the $MEMEBET token is the centerpiece of the whole ecosystem. It’s the key to unlocking the platform’s exclusive features.
Cilinix Crypto also highlighted that the crypto casino business “brings in money,” which provides extra value to the $MEMEBET token.
By merging the crypto gambling and meme coin narratives, Memebet Casino holds a strategic market position that aligns two of crypto’s well-matched audiences.
Memebet will launch as a Telegram and web app, ensuring that it is widely accessible and KYC-free.
The presale is ongoing and has raised almost $400K. The current price is $0.0257, but this will rise throughout the campaign, with the next increase in three days.
Visit Memebet Token Presale
Source: https://coinpedia.org/press-release/crypto-expert-says-to-buy-solana-and-memebet-this-winter/