🚀 Netflix soars after Q4 earnings. Catch the best Big Tech plays before they report.Use free screener

'Doge Season Is Kicking:' Crypto Analyst Predicts 'Moon Time' For Floki When It Breaches This Key Level

Published 22/12/2023, 13:00
'Doge Season Is Kicking:' Crypto Analyst Predicts 'Moon Time' For Floki When It Breaches This Key Level

'Doge Season Is Kicking:' Crypto Analyst Predicts 'Moon Time' For Floki When It Breaches This Key Level

DOGE/USD
1.30%

Benzinga - A pseudonymous cryptocurrency analyst Crypto Tony, identified crucial levels for the meme coin Floki (CRYPTO: FLOKI) on Thursday.

What Happened: The technical analysis put forward by Crypto Tony indicates that a breakout above the price point of $0.000060 could usher in substantial gains for FLOKI.

In a tweet, the analyst said, “Once we break that high it really is moon time legends. Doge season is kicking off and we have $FLOKI / $DOGE at the forefront of it.”

This comes as FLOKI, the meme cryptocurrency, has been added to cryptocurrency exchange CoinW’s perpetual futures listings on Thursday.

See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals

Why It Matters: FLOKI saw a 334% increase year-to-date in 2023. At the time of writing, FLOKI was trading at $0.000035.

Just last week, another pseudonymous analyst Kaleo hinted at a potential for a 40% surge in FLOKI’s value. “As we start to see a bit more action across DOGE and meme coins, I wouldn't sleep on $FLOKI,” the analyst wrote on X.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads.

Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Which stock should you buy in your very next trade?

With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities.

In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record.

With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.

Unlock ProPicks AI

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.