This Top Meme Coin Is Set To Rally 300%, It’s Not Dogecoin Or Shiba Inu
Main Idea
The article discusses the potential for a 300% surge in the price of the meme coin FLOKI, citing bullish technical patterns and analyst predictions.
Key Points
1. Crypto analyst $SHIB KNIGHT highlights a Falling Wedge pattern on FLOKI's weekly chart, indicating a potential upward price movement.
2. FLOKI's price could rally over 300% to $0.0004, surpassing its all-time high of $0.0003462 reached in June 2024.
3. Another analyst, The Crypto Express, also identifies FLOKI as a meme coin with significant potential for gains.
4. The 50-day Moving Average (MA) is providing support for FLOKI, suggesting a possible breakout if the price confirms above $0.000084.
5. The article mentions the broader context of meme coin season, with other coins like Dogecoin and Shiba Inu also experiencing hype-driven momentum.
Description
With the crypto market in recovery, meme coins like Dogecoin and Shiba Inu are expected to start seeing major upside due to their hype-driven nature. However, these two leading meme coins seem to have grown too big for investors’ appetites, leading investors to smaller meme coins for better gains. One such meme coin, FLOKI, has been gaining ground as one of the top meme coins that could see a major rally soon as the stars begin to align. FLOKI Gearing Up For 300% Surge To ATHs In an X (formerly ...
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