According to an analyst, FLOKI's BNB$BNB

It is suggested that it could exhibit a parallel movement with and gain up to 160% in value. Bitcoin (BTC) exceeding $ 60,000 today provided general relief in the crypto market and attracted the attention of investors.

The rise of cryptocurrencies that started in the early hours caused the market to generally relax. In light of these developments, one of the well-known analysts of the market stated that FLOKI, the number 6 of meme coins, could follow the movements of BNB and has the potential to experience a big increase. The analyst predicted that FLOKI could repeat the parabolic structure shown by BNB in ​​early 2024 and experience an increase of up to 160%. In the chart shared by the analyst, it is estimated that FLOKI could rise to $ 0.0003. At the time of writing, FLOKI$FLOKI

The price was trading around $0.0001239.

Analyst Inmortal also emphasized that FLOKI's sponsorship deal with English football team Nottingham Forest Football Club last week could be a factor that could increase the value of meme coins. The analyst thinks that the expected bull season in cryptocurrencies could make FLOKI the pioneer of the meme coin rise.

Inmortal stated that Bitcoin’s current consolidation phase will soon end, paving the way for a major expansion. It is observed that BTC has increased by 2.44% in the last 24 hours and has risen to $60,890. BTC’s market volume has exceeded $1.2 trillion, while its trading volume has exceeded $29.2 billion.

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