FLOKI Surges 16% In A Day, 40% Weekly, Analysts Predict 270% Rally
1min read FLOKI, a prominent altcoin, has been making waves in the cryptocurrency market, with significant gains in recent trading sessions. The token has surged over 16% in the past day, currently trading at $0.00007872, and has a market cap exceeding $700 million. Its weekly gains have crossed 40%, indicating a strong upward trend.
Ask Aime: Will FLOKI continue its upward trend?
Analysts are bullish on FLOKI's potential, with some predicting that it could outpace other popular memecoins like Dogecoin and Shiba Inu. Unipcs, also known as Bonk Guy, highlights FLOKI’s resilience and its ability to survive beyond a bull cycle, even reaching a new all-time high. Given that FLOKI is down 80% from its peak, Unipcs sees strong recovery potential for the token.
FLOKI's accessibility has been enhanced by its listings on major exchanges, including Binance, coinbase, and Robinhood EU. The upcoming listing of a FLOKI ETP on Switzerland’s SIX Swiss Exchange is expected to further boost its growth and attract more investors.
The crypto trader believes that FLOKI’s marketing efforts have significantly contributed to its popularity among new crypto investors. If there is a surge in memecoin interest, FLOKI could be one of the top performers, according to the analyst's forecast.
Another analyst, SHIB KNIGHT, also sees strong growth potential for FLOKI. The analyst notes that FLOKI has performed well across multiple cycles and has shown resilience against new meme coins like PEPE, BONK, and FARTCOIN. SHIB KNIGHT believes that FLOKI is at an interesting spot and looks primed for an explosive move, having made a new all-time high this cycle.
Crypto analyst Javon Marks predicts that FLOKI could rally over 270% if it maintains its current performance, pushing its price to around $0.00027 shortly. This prediction is based on FLOKI's strong performance and its ability to compete against other memecoins.
