SOL - FLOKI To Surge 40%? Analyst Says 'Wouldn't Sleep' On It Sees 'Structural Similarities' With Solana's BONK | Benzinga
A pseudonymous cryptocurrency analyst on Wednesday hinted at the potential for FLOKI (CRYPTO: FLOKI), a meme coin, to experience a 40% surge.
What happened: This comes as the top meme cryptocurrency Dogecoin (CRYPTO: DOGE) reached $0.10 levels on Monday. "As we start to see a bit more action across DOGE and meme coins, I wouldn’t sleep on ," the analyst wrote on X.
Kaleo drew comparisons between FLOKI and a Solana (CRYPTO: SOL) based meme coin, BONK (CRYPTO: BONK). The analyst observed a pattern in FLOKI’s recent price movements, recalling, "The retrace after last night’s retest reminds me of what we saw when BONK retested its ATH a couple of weeks [ago]. There was a ...