The crypto community surges as one as Bitcoin (BTC) comes back to the $60,000 mark.
Memecoins and altcoins answer the call and some are outperforming legacy crypto assets.
Out of the memecoins, FLOKI teased an incoming bullish announcement on July 17.
Bitcoin (BTC) reclaimed the $60,000 price level today just as news of Trump’s assassination attempt took over the TwitterX space. Many see direct correlation between Trump’s survival and the Bitcoin and crypto market price pump.
Another action that fueled this price recovery is the fact that Elon Musk, popular for his influence over traders and holders in the crypto space, endorsed Trump’s campaign for the US Presidential Election 2024.
As Bitcoin (BTC) reclaimed the $60,000 level many other altcoins as well as popular memecoins have also begun to outperform the market once again. In detail, WIF, FLOKI, and BONK are all looking strong, boasting strong fundamentals and setting themselves up to outdo memecoin legacies DOGE and SHIB.
BREAKING: $BTC is reclaiming the $60k level, while #memecoins are once again outperforming the market. $FLOKI, $WIF, and $BONK all look strong, but #Floki boasts the strongest fundamentals, positioning it to be the next $DOGE / $SHIB of this cycle. pic.twitter.com/F0gRcvgp3j
— BITCOINLFG® (@bitcoinlfgo) July 14, 2024
While DOGE, SHIB, WIF, and BONK are set out to make massive gains when the golden bull cycle arrives, many expect FLOKI to take the lead. This cycle, FLOKI already pulled a 10x, yet traders and crypto analysts believe that FLOKI still has a big pump coming ahead.
While seasoned traders debate when and how these memecoins will take over, one analyst in particular declares that FLOKI leads due to two specific favors. He says that the memecoin not only offers strong fundamentals, but it also has the strongest catalysts.
$FLOKI not only has the strongest fundamentals but also the strongest catalysts.This is what gives #Floki a strong edge over all the other top memecoins and why I have no doubt it will be the main #memecoin of this bull run!Key Floki marketing announcement coming July 17. Get…
— Scofield (@Crypto_Scofield) July 14, 2024
He says that it is these two factors that sets FLOKI apart from other memecoins and gives it a strong edge over its competitors. He even goes as far as to say that FLOKI will be the main memecoin of the ongoing bull cycle.
Lastly, he teases that FLOKI will make a major marketing announcement on July 17 that will likely lead to explosive gains. FLOKI recently launched heavy campaigns in New York, Nigeria, and Thailand. Perhaps another similar campaign will begin?
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The post FLOKI Could Triumph Over WIF, BONK, DOGE, and SHIB This Cycle, Analyst Teases Bullish Announcement on July 17 appeared first on Crypto News Land.
