Crypto Trader Predicts Floki To Double By June, Labels Meme Coin A 'Rocket Ship'

A pseudonymous crypto trader on Tuesday said that Floki FLOKI/USD could experience a bullish momentum in the coming months.

What Happened: Crypto Tony told his 295,000 followers on Twitter that he is looking for the next FLOKI pump.

The trader expressed his affinity for FLOKI, stating that it holds a special place in his heart as the first meme coin he ever traded. "It [FLOKI] has been a rocket ship," he tweeted.

He also shared a chart that shows $0.000030 as the support level for FLOKI, which the coin has held steadfastly in recent weeks. "Lovely test of support here and held."

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Why It Matters: Crypto Tony expects FLOKI to jump 100% by June 2023, reaching levels of $0.000060. 

Last week, the pseudonymous  trader suggested that liquidity is flowing from Bitcoin BTC/USD and Ethereum ETH/USD into meme coins. 

Price Action: At the time of writing, FLOKI was trading at $0.0000349,  up 1.76% in the last 24 hours, according to Benzinga Pro.

Read More: Bitcoin, Ethereum, Dogecoin Trade Mixed Ahead Of CPI Data: Warren Buffett’s Big Stock Dump ‘Bad Signal’ For King Crypto, Says Analyst

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