Analyst Identifies Undervalued LowCap Altcoin with Compelling Story Reassesses FLOKI Outlook
Renowned analyst Inmortal believes that a lesser-known altcoin may be undervalued in the current market. In a recent post to his 214,300 followers on X, he expressed his long-term bullish outlook on Mythos (MYTH), a multi-chain ecosystem focused on democratizing gaming for creators and players. Inmortal highlighted Mythos’ strong fundamentals, citing its unique position as the only company approved by the App Store for an NFT marketplace and its partnership with Pudgy Penguins, a leading NFT project. He emphasized the potential of GameFi, comparing it to the power of artificial intelligence and noting the significant revenue generated by the gaming industry annually.
Regarding the price action of MYTH, Inmortal pointed out several bullish signals on the chart, including consecutive higher lows, the price being above the 200-day moving average, and a deviation setup with the 200-day moving average. MYTH is currently trading at $0.438, ranking as the 273rd largest crypto by market cap.
Inmortal also discussed the potential of memecoin Floki (FLOKI), predicting a breakout and rally to a new all-time high of $0.0006. He expressed confidence in FLOKI’s leadership among memecoins and advised investors to prepare for acceleration. As of the latest update, FLOKI is valued at $0.000281.
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