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Most buyers are in consensus, anticipating Floki to be one of many top-performing meme cash throughout this bull cycle.
Even as we speak on Tuesday, the Floki price is up by 5% whereas each Bitcoin and Ethereum are down by 2%.
Nonetheless, an professional’s Floki price prediction has even shocked a number of the bulls. In style crypto analyst Dona, who has almost 25k followers on X, tasks Floki to peak at $0.003 on this cycle, up over 15x from its present price of $0.00018.
In the meantime, a brand new meme coin Shiba Shootout has additionally caught the eye of specialists, with some signalling 100x returns after its launch.
Floki Value Prediction – New All Time Highs?
Whereas Dona’s Floki price projection could also be an especially optimistic state of affairs, most sensible cash merchants would doubtless not guess in opposition to it.
In spite of everything, its market capitalization at present is slightly below $1.75 billion and a 15x surge solely places it at above $26 billion. Whereas bold, this goal is definitely achievable contemplating the truth that the present bull cycle is being led by meme cash.
Floki, specifically, boasts robust fundamentals and is taken into account a high-utility meme coin. Extra importantly, it’s exhibiting an especially robust correlation with Ethereum and Pepe.
Notably, the spot Ethereum ETFs are anticipated to begin buying and selling by July, which might doubtless end in a serious ETH rally. In such a state of affairs, Ethereum-based meme cash similar to Pepe and Floki may additionally ship outsized returns.
Floki’s technical analysis additionally helps this bullish idea. For example, high ByBit dealer Bluntz has revealed that the meme coin has been forming an especially robust base and may very well be one of many best-performing meme tokens in July.
Notably, Bluntz’s calls on meme cash have been extraordinarily exact over the previous few months. He referred to as each the native high and the native backside for Dogwifhat (WIF) utilizing the Elliot Wave Idea.
One other fashionable dealer Crypto Tony is optimistic about Floki’s short-term potential. He has revealed that he would open lengthy positions on the meme coin as soon as it breaks above the $0.00019 resistance.
Can New Meme Coin Shiba Shootout 100x After IEO?
Floki and Pepe aren’t the one Ethereum-based meme cash that specialists are bullish on. A brand new undertaking – Shiba Shootout – is gaining important traction, having raised almost $500k in its ongoing presale.
The undertaking offers a Wild West contact to the long-lasting Shiba Inu canine, with Marshall Shiba being the protagonist of the story.
Except for its participating theme, SHIBASHOOT’s wide-ranging rewards have impressed buyers.
For example, presale consumers can stake their holdings and earn enticing passive revenue, at present at a reward fee of almost 2300%. The undertaking has additionally launched one other comparable idea – Saving Saddlebags – which permits buyers to earn bonus rewards as properly.
Moreover, the undertaking has launched its personal refer-to-earn program often known as the Posse Rewards, on high of the Campfire Tales classes during which contributors can earn profitable rewards merely for sharing the wildest meme coin tales.
The perks for holders don’t cease right here. They will take part in Lasso Lotteries, token governance roundups and benefit from the upcoming beta launch of the Shiba Shootout recreation.
Owing to its distinctive worth proposition, specialists similar to Michael Wrubel – who has over 300k subscribers – consider that Shiba Shootout may probably ship up to 100x returns after its launch.
One other fashionable YouTuber Yellow Trades additionally made a 100x price prediction for the brand new meme coin.
Go to Shiba Shootout Presale