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CATEGORY: floki price


FLOKI Poised for 96% Surge: Major Gains Expected After Bullish Signal

Author: Arslan Tabish
Estonia
Aug 24, 2024 02:30

FLOKI Poised for 96% Surge: Major Gains Expected After Bullish Signal

Crypto analyst Javon Marks just spotlighted FLOKI as a cryptocurrency that would gain growth. In a post on X, Marks stated that FLOKI could be in for a big run, predicting a gain of over 96% following a confirmed Hidden Bull Divergence.  As Marks noted, breaking through $0.0002761498 is expected to pave the way for […]

Aug 23, 2024 05:50

Memecoin FLOKI Leads Crypto Market With 13% Surge, Heres Why

The memecoin FLOKi is leading todays crypto market with a rally of +12.8% in the last 24 hours, sharing the top spot with Artificial Superintelligence Alliance (FET) which is up +12.2%. The price surge can be several developments and partnerships, most notably involving Binance and the upcoming airdrop of Simons Cat (CAT) token. #1 Binance [...]

The post Memecoin FLOKI Leads Crypto Market With 13% Surge, Heres Why appeared first on Crypto Breaking News.

Jun 06, 2024 02:30

Floki Inu (FLOKI) Poised For Breakout: Analyst Predicts Potential 100% Price Surge

Floki Inu (FLOKI) has emerged as a beacon of hope in the recently sluggish cryptocurrency market. While many coins have struggled, FLOKI has defied the trend, experiencing a surge in value that has captivated investors and analysts alike. The data paints a compelling picture. While FLOKI’s current price sits at $0.000273, representing a 19.18% decrease […]

Jun 06, 2024 12:05

Floki Inu (FLOKI) Skyrockets 15% To Reach New All-Time High, Riding The BNB Uptrend

Floki Inu (FLOKI), the dog-themed meme coin, has recently achieved a significant milestone by reaching an all-time high (ATH) amidst Binance Coin’s (BNB) upward trajectory.  With a 15% surge in the past 24 hours, FLOKI reached a record price of $0.0003491, solidifying its position as the largest meme coin on the BNB Chain. Floki Inu Receives Major Boost As DFW Labs Invests $12M This surge comes as Web3 investor and crypto market maker DFW Labs announced a substantial investment of $12 million in FLOKI tokens to support the Floki ecosystem.  The purchase involved acquiring a portion of the tokens from the market and the remainder from the Floki treasury. Notably, DWF Labs purchased $10 million worth of FLOKI tokens in March, which also triggered a significant price surge of over 30%, propelling the token to a nine-month high then. The partnership between Floki and DWF Labs was initially established in May 2023 when DWF Labs purchased $5 million worth of FLOKI tokens. Since then, DWF Labs has been crucial in boosting FLOKI adoption. Related Reading: Shiba Inu Burn Rate Flatlines With 99% Crash, End Of The Road For SHIB? In addition, further developments are on the horizon for Floki, as they plan to release the mainnet version of their flagship utility product, the Valhalla metaverse game, later this year.  Moreover, the team is set to launch several key utility products, including the Floki Trading Bot and the Floki Decentralized Domain Name and Website Service. These upcoming releases have garnered significant attention from investors, resulting in increased buying pressure and a rise in token holders. The protocol boasts a notable milestone, with FLOKI recently surpassing 417,400 holders on the BNB chain. The protocols development team declared that Floki remains the dominant meme coin on the BNB chain, boasting a substantially larger market capitalization than all other BNB chain memecoins combined. Price Correction Temporarily Impacts FLOKI’s Uptrend According to CoinGecko data, FLOKI’s market capitalization is currently at a substantial $3 billion, nearly doubling compared to its market cap in May, which was $1.7 billion. Furthermore, FLOKI’s daily trading volume has surged by 164% in the past 24 hours, amounting to $1.2 billion, highlighting the token’s market attention from investors and its prevailing bullish sentiment. Despite these positive developments, Floki Inu has experienced a price correction of approximately 8% within a matter of hours. It is currently trading at $0.0003164. The next nearest support level for the token is $0.0002985. Related Reading: Crypto Expert Reveals Top 3 Trades To Take Now While there is a clear path for further growth, Floki Inu faces the challenge of investor decision-making on profit-taking and selling, which could potentially impact the token’s short-term uptrend.  In such a scenario, a consolidation at current levels would be crucial in maintaining gains and facilitating the resumption of the uptrend once the buying trend resumes. Meanwhile, BNB is trading slightly below its ATH, experiencing a 1.5% decline in the last hour and currently valued at $699. Featured image from DALL-E, chart from TradingView.com

Jun 11, 2024 12:05

Last Chance: Market Expert Reveals Why Now Is The Perfect Time To Invest In These 5 Altcoins

Renowned market expert Michael Van de Poppe has recently shared his insights on the current state of the cryptocurrency market, highlighting potential breakout opportunities for altcoins.  As the largest cryptocurrency on the market, Bitcoin (BTC), consolidates in a price range between $67,000 and $70,000, Van de Poppe’s latest market update suggests that this may be the ” final time” to invest in altcoins before a potential breakout.  Altcoins Analysis In a series of social media posts, Van de Poppe analyzes specific altcoins, including Sui (SUI), Chainlink (LINK), Floki Inu (FLOKI), Fantom (FTM), and Polkadot (DOT), offering valuable insights for investors. One of the altcoins that has caught Van de Poppe’s attention is SUI, which, according to his analysis, has shown strength in the market with a higher low formation. Van de Poppe suggests that if momentum provides a breakout above $1.17, SUI could continue its uptrend toward $1.60 (currently trading at $1.067). Chainlink (LINK) is another altcoin Van de Poppe considers heavily undervalued. Drawing on historical data, he points out that LINK has delivered a 150% return in previous cycles, making it an attractive investment opportunity at its current trading price of $16.037. Related Reading: Shiba Inu Price Could Skyrocket By 1,100%, Predicts Analyst However, Van de Poppe also advises caution with certain altcoins. For instance, FLOKI, despite its substantial 1200% increase since the beginning of its recent run, carries a higher risk of a heavy correction. He suggests that interested investors wait for a 30-40% correction before considering an investment. Van de Poppe also draws attention to Fantoms native token FTM, which has been forming lower highs and lower lows. With multiple tests of the $0.60 support, a price breakdown seems likely. If a breakdown occurs, he identifies two potential areas of interest between $0.4924 and $0.6113 for swing trading. Crucial Support Levels For Ethereum  Regarding Polkadot, Van de Poppe highlights its potential as a market leader in the Real-World Asset (RWA) sector. He emphasizes that Polkadot is currently undervalued and is in the process of implementing RWA within its ecosystem. Despite the price not reflecting the thriving ecosystem, Van de Poppe expects this will change. Related Reading: Solana Searching For Direction: Will SOL Break Free Or Fall Flat? In addition to these lower-cap altcoins compared to the largest, Van de Poppe provides insight into Ethereum (ETH). In a separate analysis, the market expert suggests that ETH is looking for a higher low and expects confirmation of S-1 filing approval for the long-awaited Ethereum ETFs in the US in the coming weeks. Interestingly, on the 3-day Ethereum/BTC chart, Van de Poppe identifies the 0.05-0.051 BTC range as a key support area for Ethereum. Featured image from DALL-E, chart from TradingView.com

May 23, 2024 02:30

FLOKI Set For New All-time High: Analyst Predicts $0.00054673 Target

Floki Inu (FLOKI) has be­come a hot topic in the crypto world lately. Its value­ has gone up a lot, which has caught the­ eye of individual investors and financial e­xperts. These e­xperts have a positive vie­w of FLOKI’s future price moveme­nts. Many think the token will gain even more value­ soon. The token’s value […]

May 03, 2025 04:45

Troller Cat Presale Roars to Life as FLOKI and Cheems Slip: Best Cryptos for Beginners 2025

Explore why Troller Cat leads the pack of best cryptos for beginners while FLOKI and Cheems stumble.

The post Troller Cat Presale Roars to Life as FLOKI and Cheems Slip: Best Cryptos for Beginners 2025 appeared first on Kanalcoin.

May 18, 2024 02:30

FLOKI In the Spotlight: Analysts Eyes 180-200% Surge Amid Recent Votes to Token Burn

Floki Inu (FLOKI) has been in the spotlight recently due to its remarkable surge in value. This surge has caught the attention of many analysts, who are now optimistic about the future price movements of FLOKI and are predicting substantial gains in the near future. Over the past week, FLOKI experienced an impressive increase of […]

May 15, 2024 02:30

FLOKI on the Verge of Bullish Surge, Analyst Predicts 120% to 200% Gains

Floki Inu (FLOKI) is on the cusp of a breakout and poised for a rapid increase in its value. Over the last month, FLOKI skyrocketed by 45% while the overall market faced hurdles. Floki impressively set the stage for an outstanding price increase in its value.  Several crypto analysts are optimistic about FLOKI’s price trajectory and predict […]

May 12, 2025 04:40

Troller Cat Presale Heats Up While FLOKI and Doginme Ride Bearish Waves

Troller Cat presale ignites with 6044.68% ROI potential, while FLOKI and Doginme defy the downturn. Discover the best cryptos for beginners today.

The post Troller Cat Presale Heats Up While FLOKI and Doginme Ride Bearish Waves appeared first on Kanalcoin.

Apr 22, 2025 02:35

FLOKI Outshines DOGE and SHIB: Eyes ATH With ETP, Game Launch, and Bullish Charts

FLOKI is showing remarkable strength compared to major cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), and Shiba Inu (SHIB), solidifying its position as one of the most promising meme coins in the market today. While the overall crypto market takes a breather, FLOKI continues to quietly gain traction, hinting at major potential in the coming weeks. […]

Mar 09, 2024 12:05

FLOKI Skyrockets To New All-Time High, Soaring 60% Following Two Major Listings

Web3 project and meme coin Floki Inu (FLOKI) has garnered significant attention in the cryptocurrency market. It has witnessed an impressive uptrend of over 630% in the past 30 days alone. As a result, it has soared to the 64th position in market capitalization, surpassing $2 billion. This surge in price comes as notable digital asset firms, including DWF Labs, have recognized FLOKI as a potential long-term investment, resulting in a $10 million purchase plan. This move pushed FLOKI to a 9-month high of $0.00005097 on February 27th. However, the cryptocurrency’s popularity has spread to other jurisdictions, and it recently hit an all-time high (ATH), trading at $0.0002043, coupled with a 58% uptrend in the past 24 hours.  FLOKI Targets New Asian And Middle Eastern Investors Coinhako, a regulated crypto exchange in Singapore under the Monetary Authority of Singapore (MAS), has endorsed FLOKI by listing the token among its tradable cryptocurrencies. In an official announcement, Coinhako stated, “The people’s cryptocurrency has reached Coinhako’s shores and is available to trade.” The Floki Inu team expressed their excitement about the listing, highlighting that crypto users in Singapore can now buy FLOKI with SGD and USD on a regulated exchange. They believe this listing is a significant milestone that will accelerate Floki’s vision to become the world’s most recognized and widely used cryptocurrency. Related Reading: Bitcoin Bulls On Alert: Top Analyst Anticipates A Big Spike In The Cards In addition, the Floki Inu team has announced that the meme coin has been successfully listed on CoinMENA, one of the prominent crypto exchanges catering to retail and institutional clients in the Middle East. CoinMENA is a licensed and regulated entity by the Central Bank of Bahrain and the Virtual Asset Regulatory Authority in Dubai, which aims to ensure a safe and compliant trading environment for investors. The team behind the project commented on the matter: This is a MAJOR listing for Floki adoption and our goal to become the world’s most known and most used cryptocurrency as it introduces Floki to key and affluent players in the Middle East and Arab regions. Massive Exposure In Times Square The Floki Inu team has launched an aggressive marketing campaign to drive adoption further and attract additional investments. Starting from March 15th and lasting for three months, Floki will be featured prominently on a massive double-sided HD LED screen in Times Square Plaza, New York.  This digital exhibition, located beside the Nasdaq billboard, will showcase a ten-second advertisement for Floki at least four times per hour, airing for 20 hours a day over 93 days.  This campaign will deliver a minimum of 7,440 ten-second spots, taking advantage of Times Square’s daily foot traffic of 330,000 visitors and an annual influx of 50 million people.  According to the announcement, the goal is to solidify Floki’s association with meme coins in people’s minds and take advantage of what the team expects to be the most “explosive bull run” in the crypto market. Related Reading: AI Crypto Tokens Like Render, WorldCoin Are Overvalued: Coinbase Research Featured image from Shutterstock, chart from TradingView.com

Mar 23, 2024 12:05

Floki Inu Roadmap Reveals Plans For Regulated Bank Accounts, FLOKI Faces 17% Downtrend

The development team behind the dog-themed meme coin Floki Inu has unveiled its highly anticipated roadmap for 2024, revealing several upcoming features and utility-focused initiatives.  Notable highlights include the launch of regulated digital banking accounts, integration with the Venus decentralized finance (DeFi) protocol, the Floki debit card’s introduction, and the Valhalla mainnet’s upcoming release. Floki Inu Aims To Bank The Unbanked Floki Inu plans to introduce regulated digital banking accounts, enabling users to create and fund bank accounts using FLOKI tokens.  Related Reading: Fantom (FTM) Jumps 180% In 4 Weeks: Just The Beginning? In partnership with an unnamed licensed fintech company operating in key jurisdictions such as Canada, Spain, Dominica, Australia, and the UAE, these accounts will support SWIFT payments and SEPA IBANs.  In addition, the upcoming launch of Floki Debit Cards will allow users to link their digital bank accounts to debit cards, providing a convenient and secure way to spend their FLOKI tokens in traditional currencies such as Euro (EUR) and US dollars (USD).  According to the proposal, the initiative aims to “bank the unbanked” by enabling a broader user base to access traditional banking services using their FLOKI tokens while increasing the utility and adoption of cryptocurrency. Pending governance approval, Floki Inu also seeks to list its native token, FLOKI, on the Venus Core Pool. This integration aims to unlock deeper liquidity, comparable to established blue-chip cryptocurrencies and allow FLOKI holders to use their tokens as collateral to borrow various assets such as Maker (DAI), Circle’s USDC stablecoin, Binance Coin (BNB) and Ethereum (ETH).  By integrating Venus Markets directly into Floki’s user interface (UI), the protocol states that users will have frictionless access to the liquidity provided by the platform, further integrating Floki into the decentralized finance ecosystem. FLOKI-Powered Trading Bot And Valhalla Mainnet Launch Floki Inu plans to introduce a cross-chain Telegram and Discord trading bot powered by the FLOKI token. This bot will allow users to buy and sell cryptocurrencies on leading blockchain networks. Specifically, 50% of the fees generated will be used to buy and burn FLOKI tokens, increasing their utility and contributing to a deflationary mechanism.  Finally, the highly anticipated mainnet release of Valhalla, Floki Inu’s flagship utility and metaverse game, will occur. Valhalla on the Mainnet will feature on-chain game mechanics, a PlayToEarn economy, upgradeable NFTs, and an open-world experience.  Related Reading: Bitcoin Spot ETFs See 4 Consecutive Days Of Outflows, Heres What Happened Last Time As of this writing, the FLOKI token has experienced a correction of over 17% in the past seven days, aligning with the overall market trend. This correction has resulted in the current trading price of $0.0002295 for the FLOKI token. Despite the recent downtrend, it is worth noting that FLOKI has still achieved a remarkable year-to-date gain of 440%. This substantial increase in value has propelled the token’s market capitalization to $2 billion, solidifying its position at the 59th spot among the top 100 cryptocurrencies in the market. Featured image from Shutterstock, chart from TradingView.com

May 29, 2023 02:10

Floki Inu: Does Meme Coin Have What It Takes To Re-Enter Top 100 Spot?

Floki Inu (FLOKI) entered the crypto landscape with a wave of enthusiasm, riding on the coattails of the meme coin trend that gained momentum through the success of Dogecoin. Its charismatic Shiba Inu mascot and an active community on social media platforms quickly attracted a dedicated following.  Floki Inu’s journey, however, has not been without [...]

The post Floki Inu: Does Meme Coin Have What It Takes To Re-Enter Top 100 Spot? appeared first on Crypto Breaking News.

Feb 23, 2023 10:10

FLOKI Price Prediction: Here Is Why This Dog-Themed Meme Coin Exploded 25.5% To $0.000052

FLOKI price has been pumping in the wake of the release of the project’s most ambitious roadmap. Investors seem to be shifting their attention to [...]

Feb 28, 2024 12:05

FLOKI Skyrockets 32% Higher Following DWF Labs $10 Million Acquisition Plan

In a significant development for the Floki Inu memecoin, digital asset market maker investment firm DWF Labs has revealed its plans to purchase $10 million worth of FLOKI tokens. The announcement has triggered a remarkable surge in the token’s price, propelling it to a new 9-month high at $0.00005097. DWF Labs Strengthens Partnership With Floki Inu According to the official statement, DWF Labs will acquire the tokens directly from the Floki treasury over two years, reflecting DWF Labs’ commitment to support the protocol’s ecosystem.  As announced, the firm recognizes the potential for an “explosive” bull run in the cryptocurrency industry and aims to leverage FLOKI’s utility and marketing strength to capitalize on this opportunity. The partnership between Floki and DWF Labs was initially established in May 2023, when DWF Labs purchased $5 million worth of FLOKI tokens. Since then, DWF Labs has played a pivotal role in boosting FLOKI adoption.  Related Reading: Bitcoin Fear & Greed Index Reaches Highest Level Since 2021, What To Expect Next Through the partnership, DFW Labs reportedly facilitated key exchange listings, introduced Floki to influential industry projects, and publicly championed the token’s progress and achievements. DFW Labs concluded in the announcement: This massive FLOKI token purchase will further deepen our relationship with DWF Labs while strategically positioning FLOKI for dominance in an increasingly competitive landscape during this bull run Price Soars, TVL Rises, And Chinese TV Exposure Exciting developments continue for FLOKI as it gains significant exposure on China’s national sports TV channels, CCTV5 and CCTV5+. This exposure results from a strategic market partnership announced in 2023, which took place during the ITTF World Team Table Tennis Championships Finals in Busan 2024. According to the memecoin development team, this opportunity to be featured on mainstream Chinese television has introduced Floki and its sister asset, TokenFi (TOKEN), to an extensive audience of over 340 million people and solidified their presence in the Chinese market. The Floki Inu team expressed their excitement about this milestone, emphasizing that being featured on mainstream Chinese television is remarkable, making them among the very few cryptocurrencies to receive such recognition. Related Reading: Bitcoin Spot ETF Inflows Eye New Record As BTC Price Touches $57,000 Another achievement for Floki Inu is the success of their FlokiFi Locker, a decentralized finance (DeFi) crypto locker protocol. The team announced that the Total Value Locked (TVL) in the FlokiFi Locker had reached an all-time high of $111 million, setting a new record and highlighting the widespread adoption of the token’s utility products. In addition, the team announced that the total value locked for staked FLOKI tokens has reached an all-time high of $105 million. This represents 25% of the token’s supply, with $105,313,899 worth of tokens locked and staked for up to 4 years. This position of dominance in staking distinguishes the dog-themed token from other major “memecoins” such as DogeCoin (DOGE), Shiba Inu (SHIB), BONK, and PEPE, as FLOKI has the largest share of its supply staked among them. The memcoin token is trading at $0.00004080, maintaining its gains with a surge of over 32% in the last 24 hours. As a result, the market capitalization has jumped to nearly $500 million, reaching $475 million, according to the latest update. Additionally, the trading volume for FLOKI has significantly increased, reaching $204 million in the past 24 hours. Featured image from Shutterstock, chart from TradingView.com

Dec 28, 2024 12:05

FLOKI Poised To Follow Dogecoin In Memecoin ETP Ranks After DAO Nod

FLOKI is poised to become the second memecoin to launch a regulated Exchange-Traded Product after Dogecoin, following a decisive Floki DAO vote that approved allocating tokens for ETP liquidity. The proposal won overwhelming support, with 332.7 billion token (99.9%) voting in favor, 328.9 million token abstaining, and none opposinga result the team described as the first time a DAO proposal passed without any vote against it. The proposal, which was the first time ever in which a Floki DAO proposal has been passed without a single opposing vote, will result in a portion of 16,310,285,772.6 FLOKI tokens currently residing in a community buyback wallet being used to provision liquidity for the Floki ETP while the rest is burned, the official announcement from the team via X emphasized. FLOKI Aims To Mirror Dogecoin Community members see this as a landmark event, as the Floki ETP is scheduled to debut in early Q1 2025 in collaboration with what the team calls a respected Asset Manager and an ETP Issuer. According to Floki representatives, it will be listed on the SIX Swiss Exchange, recognized as one of the largest stock exchanges in Europe, thus elevating FLOKIs profile in traditional financial markets. Related Reading: FLOKI Faces Downside Risks: $0.000110 Support Level Under Scrutiny Currently, Dogecoin remains the only other memecoin with a live ETP, although that product is traded on Swedens Spotlight Stock Market; the team notes that listing on Switzerlands exchange has the potential to draw broader attention from both institutional and retail investors seeking regulated access to crypto assets. When it goes live, the Floki ETP will allow institutional investors, regulated entities and retail investors to get exposure to FLOKI in a regulated way. This is a big move that is almost unprecedented in this space, because Dogecoin is currently the only memecoin in the WORLD, with a live ETP –and Floki could become the next memecoin with an ETP besides Dogecoin, the DAO proposal stated. While many details remain under wraps due to nondisclosure agreements, the team further revealed that any tokens allocated for liquidity will remain the property of Floki itself, meaning they can be withdrawn if there is enough third-party liquidity in the ETP later on. Related Reading: Floki Inu Warning: Analyst Says Prepare For The Crash Details This news comes on the heels of a recent meeting of the Commodity Futures Trading Commissions Global Markets Advisory Committee, where the memecoin was used as a case study of a utility token. Observers have noted that any regulatory attentionparticularly of this kindcan boost a tokens credibility in a market that remains sensitive to compliance signals. The DAO-centric approach continues to be a cornerstone of the tokens philosophy, with frequent community votes and proposals shaping the projects direction. Members have consistently backed initiatives focused on increasing recognition of the memcoin, which the team says aims to be the worlds most known and most used cryptocurrency. Reaction from the wider crypto community has also been enthusiastic. Crypto analyst Shelby, who has a substantial following, remarked via X: Huge milestone – FLOKI about to make history as 2nd memecoin ETP! Clear sign of institutional adoption while keeping decentralized roots. Not DOGE, not SHIB, but FLOKI leading the charge in bridging TradFi and DeFi. At press time, FLOKI was trading at $0.0001798. Thus, the memecoin has reclaimed the 200-day EMA, a crucial line often referred to as a bull line. However, the memecoin is still trading below the major resistance area between $0.000205 and $0.000215 (shown in red on the chart). Reclaiming this zone could open the gates for a new run toward the yearly high of $0.000349 from June. Featured image created with DALL.E, chart from TradingView.com

 Floki DAO floats liquidity provisioning for a Floki ETP in Europe

Author: Cointelegraph by Tom Mitchelhill
United States
Dec 27, 2024 12:00

Floki DAO floats liquidity provisioning for a Floki ETP in Europe

If the vote is approved and the ETP goes ahead, Floki DAO will join Dogecoin as the second memecoin to have a registered ETP.

Oct 05, 2024 12:05

FLOKI Master Plan: Crypto Analyst Predicts 2,000% Jump For The Shiba Inu Competitor

Despite being in a downward trend all week, Floki (FLOKI) remains significantly bullish, according to a crypto analyst. Basing his analysis on similarities between past price movements, the analyst has outlined a master plan for Floki, predicting that the popular meme coin and Shiba Inu competitor is set for a 2,000% surge.  Analyst Reveals The Floki Master Plan In a recent X (formerly Twitter) post, crypto analyst, Master Kenobi discussed Flokis past price movements, identifying a unique recurring chart pattern that could indicate a future price spike for the cryptocurrency. The analyst predicted that if Floki can continue this recurring pattern, a massive price pump could happen around October 22.  Related Reading: Crypto Capo Returns After 2 Months To Predict Ethereum Decline To $1,800, Is It Time To Go Long? According to the analyst, the Viking-themed meme coin experienced a sharp rise of about 92X over 112 days starting from July 5, 2021, followed by a long decline spanning 224 days, where its price crashed by a whopping 98.5%, reaching its bottom.  Notably, the analyst asserted that after hitting that strategic low point, Floki had entered a more structured growth phase. On the Floki chart, Kenobi also identified three periods of price consolidation represented by distinctive purple triangles with similar heights but varying lengths.  The analyst disclosed that inside these triangles, the price behavior of Floki becomes relatively predictable, marked by a red triangle. The lower half of this red triangle is seen as the best accumulation zone for investors, reflecting the most optimal entry point for Flokis next upward move.  Kenobi identified a recurring pattern where Floki typically exited this triangle around October 22 each year, representing the beginning of a new phase of consolidation followed by a massive price pump. He noted that this price pump is often signaled 35 days before the formation of the aforementioned red triangle.  Continuing on this trend, the Shiba Inu competitor experienced another 11X increase 112 days after exiting the purple triangle on October 24, 2024. Similarly, after the meme coin moved out of the purple triangle on October 24 2023, it jumped 22X in 133 days.  Based on this recurring pattern, Kenobi has suggested that Flokis magical date for a potential bullish surge is likely around October 22. The analyst has forecasted that if the pattern holds, investors should expect a price rise followed by 3 months of strong consolidation.  A 2,000% Price Pump To $0.002 Based on Kenobis observations highlighted above, he predicts that Floki could either witness a 1,000% surge to new highs or a 2,100% increase. The analyst disclosed that if the first scenario in 2021 repeats, after 112 days of consolidation, Floki could see its price skyrocketing by 11X to reach $0.0011. Additionally, its market capitalization is expected to increase to above $12 billion.  Related Reading: Crypto Analyst Says Solana-Based BONK Is In Prime Position For Legendary Rally In contrast, if the second trend pattern in 2023 occurs this year, the price of Floki could jump to $0.0023 in 133 days, marking a 22X increase and a rise in its market capitalization to $25 billion. Despite Floki declining by over 21% this past week and plummeting again by 1.29% in the last 24 hours, Kenobi has confidently stated that his bullish projections are a perfectly achievable and realistic goal for the meme coin, which, as of writing, is trading at $0.00013.  Featured image created with Dall.E, chart from Tradingview.com

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