Dogecoin

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FLOKI

<p>Crypto analyst Timeless Crypto has made a bullish case for FLOKI, stating why he prefers the meme coin above other blue chip meme coins like <a href="https://bitcoinist.com/shiba-inu-and-dogecoin-today/">Dogecoin (DOGE)</a>. The analyst also predicted that FLOKI could end up making a hug run by year-end.&nbsp;</p> 
<h2 id="why-this-analyst-is-bullish-on-floki">Why This Analyst Is Bullish On Floki</h2> 
<p>Timeless Crypto mentioned in an X (formerlyTwitter) <a href="https://x.com/Timeless_Crypto/status/1810247235185287205" rel="nofollow" target="_blank">post</a> that FLOKI has continued to hold a multi month rang without breaking down despite the <a href="https://bitcoinist.com/bitcoin-price-crashed-58000/">bloodbath</a> that occured in the crypto market last week. The crypto analyst made this statement while also revealing that among the blue-chip memes, the meme coin accounts for most of his spot investments and that he will continue to hold it for the anticipated year-end rally.&nbsp;</p> 
<img loading="lazy" decoding="async" class="size-medium wp-image-309328" src="https://bitcoinist.com/wp-content/uploads/2024/07/FLOKI-1.png?w=512&amp;resize=512%2C96" alt="FLOKI 1" width="512" height="96" data-recalc-dims="1"> 
<p>The analyst also seemed to be advising market participants to consider investing in <a href="https://bitcoinist.com/floki-investors-critical-warning/">FLOKI</a>, as he noted that this is a region where altcoins are entering “very attractive valuations.” Meanwhile, the analyst added that he isn’t looking at the altcoin as a short-term play. As such, he has deployed more capital to invest in the meme coin seeing as now presents a buying opportunity for FLOKI.&nbsp;</p> 
<p>Timeless Crypto is looking to make profits from his investment by the fourth quarter of the year, as he predicts that the meme coin will likely have made <a style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;" href="https://bitcoinist.com/floki-price-holds-0-000155/" target="_blank" rel="noopener ">more price gains</a> by then. It is worth mentioning that the coin is already one of the top-performing meme coins this year, with a year-to-date (YTD) gain of over 300%.&nbsp;</p> 
<p>Timeless Crypto isn’t the only one which is ultra-bullish on the meme coin. Crypto analyst Crypto Bull also recently gave his analysis on the meme coin and called patience, suggesting that FLOKI might soon make a massive move to the upside. The chart he shared showed that FLOKI was currently consolidating and could rise to a new <a href="https://bitcoinist.com/bitcoin-breaks-through-69000-setting-new-record/">all-time high (ATH)</a> on its next leg up.&nbsp;</p> 
<img loading="lazy" decoding="async" class="size-medium wp-image-309329" src="https://bitcoinist.com/wp-content/uploads/2024/07/FLOKI-2.png?w=512&amp;resize=512%2C256" alt="FLOKI 2" width="512" height="256" srcset="https://bitcoinist.com/wp-content/uploads/2024/07/FLOKI-2.png?w=512&amp;resize=512%2C256 512w, https://bitcoinist.com/wp-content/uploads/2024/07/FLOKI-2.png?w=360 360w" sizes="(max-width: 512px) 100vw, 512px" data-recalc-dims="1"> 
<h2 id="reaching-a-market-cap-of-10-billion">Reaching A Market Cap Of $10 Billion</h2> 
<p><a href="https://bitcoinist.com/dogecoins-doge-historic-surges-signal-future-potential-why-investing-in-doge2014-is-a-worthy-bet/">Crypto analyst Crypto Kaleo</a> had <a href="https://x.com/CryptoKaleo/status/1798030284677607746" rel="nofollow" target="_blank">previously predicted</a> that FLOKI will reach a market cap of $10 billion. He claimed that this could happen on the meme coin’s next leg up, as he stated that the meme coin could enjoy a parabolic rally similar to the one that <a href="https://bitcoinist.com/crypto-investors-shiba-inu-pepe/">Pepe (PEPE)</a> made on its way to a <a href="https://bitcoinist.com/96-of-pepe-holders-profit-after-price-soars-77-data/">new ATH earlier in May</a>.</p> 
<p>Crypto Kaleo also mentioned that FLOKI could attain such heights, considering that this is a meme coin super cycle. He also factored in the fact that <a href="https://bitcoinist.com/binance-burns-1-6-million-bnb/">BNB</a> was on the verge of a price discovery. He suggested that the meme coin could benefit from BNB hitting new highs, and he remarked that the former was a “high BNB beta meme play.”</p> 
<p>At the time of writing, FLOKI is trading at around $0.000147, up over 7% in th last 24 hours, according to <a href="https://coinmarketcap.com/currencies/floki-inu/" rel="nofollow noopener" target="_blank">data</a> from CoinMarketCap.&nbsp;</p> 
<img loading="lazy" decoding="async" class="size-medium" src="https://www.tradingview.com/x/DYu91aqN/" alt="FLOKI price chart from Tradingview.com" width="3286" height="1578">

Best Meme Coin Investments: Why This Analyst Picks Dogecoin Competitor, FLOKi

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