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A closely followed trader believes that the layer-1 protocol Solana (SOL) may have just flashed a strong bullish reversal signal. Pseudonymous trader Inmortal tells his 231,500 followers on the social media platform X that Solana appears to have set a massive bear trap earlier this month when the price of SOL briefly dropped below $100. A bear trap is a false signal that makes it appear that the price of an asset is heading to much lower levels, but instead, the price abruptly reverses and rallies, leaving short-sellers trapped. Says Inmortal, “That weekly candle is maybe the biggest bear trap I’ve ever seen, SOL.” Source: Inmortal/X The analyst now believes that SOL is setting the stage for strong rallies en route to a new all-time high of $340 by December 2025. “In retrospect, it will be so obvious, SOL.” Source: Inmortal/X At time of writing, Solana is trading for $128.19, down over 3% on the day. Looking at Bitcoin, Inmorta...

The Floki price climbed 4% in the last 24 hours to trade at $0.0001517 as of 3.30 a.m. EST on trading volume that increased 8% to $243.9 million. The popular dog meme coin has soared 16% in the last seven days, but it’s price was quickly rejected for the third time this week after hitting resistance at $0.000155. The token did recently see several important developments that may have encouraged traders to engage more with its token, such as announcing Hafthor Bjornsson as the official ambassador for its revolutionary MMORPG, Valhalla. The Icelandic actor and strongman is known around the globe for playing “The Mountain” in Game of Thrones, and also for winning numerous strongman competitions. Valhalla, Floki's revolutionary MMORPG, welcomes Hafthor Björnsson as official ambassador! Hafthor Júlíus Björnsson, the Icelandic strongman and actor famed for his role as "The Mountain" in Game of Thrones, is joining Valhalla as official ambassador....