FLOKI Coin Analysis!!!!!
DOGE and SHIB aside, some meme coins hit new all-time highs this year. Impressive rises happened as investors patiently waited at peak points with high profits. FLOKI Coin investors saw bigger peaks coming one after another during days when over 90% of them
However, things changed with BTC’s sharp drop causing nearly a $20,000 loss from the peak. Investors, worried about bigger losses, quickly turned to selling. FLOKI Coin lingered below $0.000035 for a long time but increased 9.2 times after starting its rise on February 27. The price, which rose more than 9 times in just 10 days, is now 60% below the peak.
Maintaining $0.000133 as support could lead to new attempts at $0.000186. It wouldn’t be surprising for the altcoin to experience a similar scenario with BTC’s recovery, as it made new highs continuously in April and May. Before the year ends, a new major peak close to $0.001 above the ATH level of $0.000351 is possible...
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