A pseudonymous crypto analyst, Crypto Tony, said that meme coins are looking good, with “Dogecoin DOGE/USD killer,” Shiba Inu SHIB/USD, heating up. Although Crypto Tony is anticipating a big run, he has moved his focus to Floki FLOKI/USD.
What Happened: Crypto Tony on Sunday said, "So Memecoins are looking really good with SHIB now heating up."
The analyst suggests Floki will receive a supreme pump."My next Meme for a big run is of course $FLOKI legends .. Too much happening and going on, for there not to be a supreme pump."
Crypto Tony’s chart indicates that FLOKI is moving up from its current price of $0.000035 to $0.000044.
Additionally, another pseudonymous analyst MacroCRG believes that FLOKI will have intrinsic values and stand the test of time, stating that it is a true blue-chip meme coin in their opinion.
"There are only a few memecoins I think have intrinsic value and will stand the test of time. Besides the obvious $DOGE….Another one is $FLOKI has been stress tested and is battle hardened. It is a true blue chip memecoin IMO."
See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals
Why It Matters: This rise in popularity for FLOKI comes as part of a new and aggressive campaign to position FLOKI and TokenFi strategically.
FLOKI has locked down an aggressive marketing campaign in Hong Kong. This campaign will introduce these coins to millions of Hongkongers during the Christmas and New Year period, positioning FLOKI and its sister token TokenFi TOKEN/USD as dominant players in Asia while also introducing these brands to millions of new people.
Meanwhile, crypto analyst Ali Martinez suggests that Shiba Inu is also showing signs of a breakout. If SHIB maintains the crucial support level at $0.0000103, the analyst believes the next stop for SHIB could be $0.0000140.
Photo by BBbirdZ on Shutterstock
Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.