The memecoin FLOKI has gained an impressive 652% in value since the beginning of the year. Experts predict that this upward trend could continue, suggesting the coin may rise over 700% from its current levels. Prominent figures such as Master Kenobi and Bonk Guy have provided noteworthy targets for FLOKI’s future performance.
Master Kenobi Predicts $0.0023 Target
Crypto analyst Master Kenobi stated that FLOKI could reach $0.0023 by March 2024. In a chart shared on the X platform, Kenobi foresaw a significant surge once the coin surpasses the $0.0011 mark, identifying February 10 as a critical date for this movement.
Kenobi emphasized, “The FLOKI chart continues to follow the predicted model,” noting that the coin’s performance aligns with the expected trajectory. This target signifies a remarkable increase in the coin’s total market capitalization.
Bonk Guy: PEPE’s Path Illuminates FLOKI’s Future
Another analyst, Bonk Guy, asserted that FLOKI could easily reach $0.0010 within the current market cycle. He cited PEPE coin’s achievement of a $10 billion market cap as a comparable example, suggesting a similar process could unfold for FLOKI.
Bonk Guy remarked, “PEPE’s market cap serves as a guide for FLOKI. It is likely they could reach similar levels.” This analysis highlights the growing interest in memecoins and generates a positive atmosphere among traders.
Moves Independently from Bitcoin
Master Kenobi also noted that FLOKI might move independently from Bitcoin ‘s correlation. He cautioned that there could be some delay in FLOKI’s rise due to capital rotation first targeting larger altcoins. However, following this delay, a rapid and substantial increase in the memecoin is anticipated.
According to analysts, as the altcoin season gains momentum, FLOKI could revisit its historical peak of $0.0003462. Such a movement could open the door to significant gains for traders.
