Memecoin FLOKI has gained 652% in value since the beginning of the year. According to analysts, this increase will continue and the coin may rise over 700% from its current levels. Prominent figures such as Master Kenobi and Bonk Guy announced notable targets for FLOKI.
$0.0023 Prediction from Master Kenobi
Crypto analyst Master Kenobi stated that FLOKI could reach $0.0023 by March 2024. In the chart he shared on the X platform, Kenobi predicted that the coin would rise much faster after breaking the $0.0011 level. According to the analyst, the critical date in this movement will be February 10.
“The FLOKI chart continues to follow the predicted pattern,” Kenobi said, noting that memecoin’s performance so far follows the charted path. This target represents a dramatic increase in the coin’s total market value.
Bonk Guy: PEPE’s Path Sheds Light on FLOKI
Another analyst, Bonk Guy, argued that FLOKI will easily catch $0.0010 in the current market cycle. Bonk Guy stated that a similar process is possible for FLOKI, citing the example of PEPE coin reaching a market value of 10 billion dollars.
Bonk Guy said, “PEPE’s market value is a guide for FLOKI. “It is likely that they will reach the same level,” he said. This analysis points to intense interest in memecoins and creates a positive atmosphere among investors.
Acts Independently from Bitcoin
Master Kenobi also said FLOKI’s Bitcoin $99,040.9 He stated that it can act independently of the correlation with The analyst pointed out that there may be some delay in the rise of FLOKI due to the capital rotation being directed towards large altcoins first. However, after this delay, memecoin is expected to experience a rapid and intense increase.
According to analysts, FLOKI’s historical peak of $0.0003462 may be retested as the altcoin season gains momentum. Such a move could open the door to a huge profit for investors.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
