{"id":598081,"date":"2024-03-15T22:00:41","date_gmt":"2024-03-15T22:00:41","guid":{"rendered":"https:\/\/wncen.com\/?p=598081"},"modified":"2024-03-15T15:08:34","modified_gmt":"2024-03-15T15:08:34","slug":"crypto-analysts-foresee-another-floki-expansion-despite-market-drop","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/crypto-analysts-foresee-another-floki-expansion-despite-market-drop\/","title":{"rendered":"Crypto Analysts Foresee Another FLOKI Expansion Despite Market Drop"},"content":{"rendered":"

FLOKI and the dog-themed cryptocurrencies have been the talk of the town recently. BONK and dogwifhat (WIF) reached new all-time highs (ATH) this month, while the Viking dog-based token climbed to levels not seen since the previous bull run.<\/p>\n

During this rally, memecoins have soared alongside the rest of the cryptocurrencies. However, in the past 24 hours, the market went from flying to crashing as the prices of most cryptocurrencies followed the recent Bitcoin dip.<\/p>\n

Related Reading: Solana\u2019s Biggest Memecoin Gains Over $680,000 In 3 Days As Investors Bet On Its Popularity<\/a><\/div>\n

Is FLOKI Ready To Continue Its Expansion?<\/h2>\n

Last week, FLOKI, the fifth largest memecoin by market cap, soared by over 60% after announcing its listing<\/a> in two major crypto exchanges in Asia and the Middle East. The news propelled the token\u2019s price to $0.0002043.<\/p>\n

Crypto Analyst Byzantine General shared on X (formerly Twitter) his view on the token\u2019s recent performance. According to the post, FLOKI was one of the few tokens that \u201cheld up nicely.\u201d Based on that, Byzantine General observed that the price was consolidating before another expansion.<\/p>\n

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One of the coins that held up nicely today is $FLOKI<\/a>. Looks like it's just consolidating before another expansion. And lately it's basically been a higher beta $DOGE<\/a>. pic.twitter.com\/9MsrfInjvA<\/a><\/p>\n

— Byzantine General (@ByzGeneral) March 14, 2024<\/a><\/p><\/blockquote>\n