The Next Big Thing – Floki
The meme space continues to be a source of significant gains, as demonstrated by the success stories that highlight the profitability of this entertaining ecosystem. An upcoming bullish market in 2024 has caught the attention of renowned crypto analyst Inmortal, who has identified the memecoin he believes will outperform all others in this market cycle.
Floki – The Next Big Thing
According to Inmortal, $FLOKI is poised to become the next big thing in the world of meme coins during this bull run. Drawing a comparison to the trajectory of Dogecoin, the analyst predicts a similar path for Floki, citing a graph that illustrates the initial flatness in the value of Dogecoin, mirroring the current situation of Floki. Inmortal suggests that Floki might follow a similar path, expecting a surge in popularity that could push its price to reach new highs.
Floki Price Analysis
Despite the potential decrease of -7.24% projected for February 12, 2024, technical indicators suggest a bearish sentiment, with the Fear & Greed Index at 62 (Greed). Currently, FLOKI is valued at $0.00002782, reflecting a 1.7% increase, with a market cap of $263.46M, and a trading volume of $10.68M, marking a 2.24% change in the last 24 hours.
Hot Take
Floki’s potential trajectory is being closely monitored, as it is expected to follow in the footsteps of Dogecoin and experience a significant surge in popularity, leading to new highs in its pricing.
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