Zinger Key Points
- Floki’s price momentum is tied to U.S. elections and technical indicators hinting at an upcoming pump.
- Testing all-time high levels is the next big challenge as bullish crypto sentiment builds.
Floki has rallied 73% in the past mont, with market observers anticipating the uptrend to continue off the back of improving sentiment and bullish technical indicators.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Floki FLOKI/USD | $0.0002272 | $2.2 Billion | +7.8% | -5.1% |
| Bonk BONK/USD | $0.00004434 | $3.3 Billion | +6.2% | -17.4% |
| Dogwifhat WIF/USD | $3.14 | $3.14 Billion | +5.5% | -2.9% |
Trader Notes: Crypto trader Master Kenobi noted in a post on X on Wednesday that Floki's rally was delayed by three weeks, originally expected by Oct. 21.
He attributes this delay to broader market reactions following the U.S. elections.
He anticipates a continuation of the uptrend, which could result in a significant “pump” around Feb. 10 in a conservative scenario.
In a more optimistic scenario, this could also happen in mid-December, thanks to the following catalysts:
- Bitcoin Dominance: Expected to persist for two more weeks before easing, creating opportunities for altcoins like Floki.
- Market Signals: Positive movements in assets like Dogecoin DOGE/USD and Binance Coin BNB/USD point to a potential pump by late 2025.
Influencer InvestingHaven suggests that Floki has bounced from its dip, signaling a bullish breakout.
However, he warns that the next major hurdle is surpassing its previous all-time high.
Community News: Coinbase Assets announced Floki becoming available for trading for residents in Germany. Users can now buy, sell, convert, send, receive, or store Floki through Coinbase, broadening the coin's accessibility.
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