Benzinga - A pseudonymous crypto trader on Tuesday said that Floki (CRYPTO: FLOKI) could experience a bullish momentum in the coming months.
What Happened: Crypto Tony told his 295,000 followers on Twitter that he is looking for the next FLOKI pump.
The trader expressed his affinity for FLOKI, stating that it holds a special place in his heart as the first meme coin he ever traded. "It [FLOKI] has been a rocket ship," he tweeted.
He also shared a chart that shows $0.000030 as the support level for FLOKI, which the coin has held steadfastly in recent weeks. "Lovely test of support here and held."
$FLOKI / $USD / @RealFlokiInu – UpdateHolds a strong place in my heart as the first #Memecoin i traded and since then it has been a rocket ship. Lovely test of support here and held
Looking for the next pump if we can hold this level. As always lots of FA coming so LFG pic.twitter.com/5bV0CR0L0w
— Crypto Tony (@CryptoTony__) May 9, 2023
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Why It Matters: Crypto Tony expects FLOKI to jump 100% by June 2023, reaching levels of $0.000060.
Last week, the pseudonymous trader suggested that liquidity is flowing from Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) into meme coins.
Price Action: At the time of writing, FLOKI was trading at $0.0000349, up 1.76% in the last 24 hours, according to Benzinga Pro.
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