LIVEFloki Rallies 24%, Hits New All-Time High: Will It Continue To Rise?
FLOKI is currently one of the best-performing crypto assets of the last 24 hours. The dog-themed memecoin hit a new all-time high of $0.0003449 earlier today, rallying 24.4% in the daily charts, 13.5% in the weekly charts, 40.8% in the 14-day charts, and more than 68% over the previous month. FLOKI’s incredible rally could be due to the project’s massive burn initiative last month. The team announced that 15 billion tokens would be burnt on-chain. Furthermore, the asset has received several exchange listings, further pushing its expansion. CoinCodex anticipates FLOKI to continue surging over the next few weeks. The platform predicts the dog-themed memecoin to hit $0.0000972 by the end of this month and climb to $0.001213 on July 3, 2024. Reaching $0.001213 from current levels would translate to a growth of about 269%. Changelly, on the other hand, is bearish on FLOKI. The platform predicts the asset to hit a maximum price of $0.000213 in June, a fall of about 35.25 from current levels. Moreover, Changelly does not anticipate the asset to reclaim its recent peak this year.
Telegaon also does not paint a bullish picture for FLOKI. The platform predicts the memecoin to hit a maximum price of $0.000248 in 2024. However, Telegaon anticipates the asset to hit a new peak of $0.000362 in 2025.There is a possibility that FLOKI will face a correction soon, given that the asset does not have a lot of adoption, development, or real-world utility.
