Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»The analyst who called Bitcoin bottom in 2018 says Shiba Inu competitor FLOKI will explode.
BITCOIN NEWS

The analyst who called Bitcoin bottom in 2018 says Shiba Inu competitor FLOKI will explode.

By Crypto FlexsMay 31, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
The analyst who called Bitcoin bottom in 2018 says Shiba Inu competitor FLOKI will explode.
Share
Facebook Twitter LinkedIn Pinterest Email

Shiba Inu rival FLOKI is once again in the headlines after a cryptocurrency analyst predicted a big rise for the meme coin card. This has brought back interest in FLOKI coin, which is currently in a downward trend after rising almost 50% in the month of May.

GET READY FOR THE FLOKI BREAKOUT

Crypto analyst Blunts visited X (formerly Twitter) for the first time on Tuesday to talk about FLOKI and the prospects for meme coins. Initially, he compared FLOKI to PEPE, another Ethereum-based meme coin that outperformed the top coins in the May market. Clearly, FLOKI’s price trend has been similar to that of PEPE and is expected to follow the same path.

In a follow-up post, the cryptocurrency analyst further reiterated his stance on meme coins, saying he believes it has already started to happen. Blunts pointed out that meme coins are currently making higher lows and higher highs, and given their historical performance, this is very bullish for the price.

From here, the analyst expects the coin to continue surging further, although there are several resistance points. He mentioned a 1-2 pattern on the daily chart, which could suggest that FLOKI will continue to move forward from here.

Regarding the price target, Bluntz expects FLOKI price to rise by more than 100%. Crypto analysts see the high point of this trend at $0.00075, which would be an almost 200% increase for the meme coin at the current levels the price is trading at at the time of this writing.

Currently, FLOKI is under bearish pressure as Bitcoin price falls below $68,000. This caused the coin to fall from its May high of $0.0003 to $0.000246. Nonetheless, if Bluntz’s prediction holds true, FLOKI could soon be back in operation.

Bluntz’s predictions are reverberating in the markets because of his track record of being right. Bluntz gained widespread popularity in the cryptocurrency market when he accurately cited the Bitcoin price bottom in 2018.

Shiba Inu and Other Meme Coins

FLOKI is not the only meme coin to see declines on the last day due to an overall price decline. Shiba Inu fell more than 5.2% in its final day alone, after rising 16% on Wednesday. Because of this, approximately 50% of the increase in Shiba Inu from the previous day was deleted.

Further down the list, Shiba Inu’s biggest rival, Dogecoin, is also not performing. The leading meme coin lost 3.7% in the last day and 4.1% in the past week. Similarly, PEPE price also fell on the daily and weekly charts, recording losses of 11.1% and 5% respectively.

However, the biggest drop for the top meme coins came in the price of BONK. CoinGecko data shows the price has plunged 18.8% in the past day, adding to losses of 5.6% in the past week. Other meme coins such as Dogwifhat and Book of Meme (BOME) also suffered similar losses.

Price reverts to $0.00024 | Source: FLOKIUSDT on Tradingview.com

Featured image created with Dall.E, chart from Tradingview.com

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The US government posts GDP data on Bitcoin block chain.

August 28, 2025

Ether ETF is a comeback of $ 280 million, with bitcoin leaked stripes hit on the 5th.

August 22, 2025

Gemini file for Gemi’s NASDAQ list as a loss mount

August 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025

Meme Coin Little Pepe Raises Above $24M In Presale With Over 39,000 Holders

September 2, 2025

Bybit WSOT 2025 Attracts Quadruple Squads As $8M Main Competition Commences

September 2, 2025

Duration Of The Process And Important Nuances

September 2, 2025

PrimeXBT Launches “Empowering Traders To Succeed” Campaign, Leading A New Era Of Trading

September 2, 2025

Korean sleeves cut Tesla and pivot with encryption stocks.

September 2, 2025

Are you ready to token everything?

September 1, 2025

Sign Up And Get $500, Ushering In A New Era Of BTC, XRP, And DOGE Cloud Mining

September 1, 2025

Turning Social Hype Into Token Allocation

September 1, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Cango Inc. Announces August 2025 Bitcoin Production And Mining Operations Update

September 2, 2025

BitMine Immersion (BMNR) Announces Release Of August Investor Presentation And Latest Video Message From Tom Lee, Chairman

September 2, 2025

Pioneering AI Visionary Vincent Boucher & AGI Alpha Announce A Meta‑Agentic AGI Jobs Marketplace Platform

September 2, 2025
Most Popular

Spectral Labs joins Hugging Face’s ESP program to advance the Onchain x open source AI community.

May 8, 2024

OKX introduces ULTI perpetual futures, margin trading and simple returns

June 9, 2024

The latest technology news in cryptocurrency and blockchain

February 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.