Crypto analyst Unipcs (Bonk Guy) has predicted the following meme coin that can replicate the latest Dogecoin worth rally. The analyst rightly known as the Dogecoin surge above $0.4 whereas predicting that the foremost meme coin may nonetheless attain $1.
FLOKI Is The Next Meme Coin To Follow Dogecoin Price
In an X publish, The Bonk Guy acknowledged that FLOKI could be the following meme coin to observe the Dogecoin price. He defined that FLOKI’s chart has traditionally mirrored the DOGE chart, which signifies that it shouldn’t be lengthy earlier than it replicates the Dogecoin worth rally of just about 150% within the final seven days.
The Dogecoin worth has added virtually $40 billion to its market cap throughout this era. Meanwhile, Bonk Guy famous that FLOKI remains to be a fraction of DOGE’s market cap and has barely moved. However, the crypto analyst instructed that FLOKI’s rally may occur unexpectedly and catch many market contributors unaware.
He famous how he predicted the Dogecoin worth rally for weeks and saved getting ignored till the explosive transfer lastly occurred. As such, the crypto analyst believes that market contributors ought to place themselves now as a substitute of ready for the explosive transfer to start after which begin scrambling for a late entry.
Bonk Guy is assured that the Dogecoin worth may rise greater from its present degree. However, he instructed that betting on FLOKI is perhaps a greater wager. He claimed that traditionally, betting on betas has resulted in much more upside in a bull run and in a parabolic pattern just like the one that’s occurring proper now. The crypto analyst additionally talked about BONK and D.O.G.E as the 2 different doge betas that buyers ought to think about betting on.
BONK Will Also DOGE Follow Soon Enough
Bonk Guy additionally supplied a bullish outlook for BONK, predicting that the Solana meme coin will quickly observe the Dogecoin worth. He remarked that many are taking with no consideration the truth that BONK is the one different meme coin listed on Coinbase apart from Dogecoin and Shiba Inu. He added that it is usually the one new meme coin on the platform.
This is critical since BONK may get loads of publicity on Coinbase, which may result in large adoption. Bonk Guy additionally highlighted the truth that BONK is the one meme coin with an Exchange-Traded Product (ETP). That is one other issue that might increase the meme coin’s adoption, particularly amongst institutional buyers.
The Solana meme coin already appears nicely primed for this rally, as Bonk Guy revealed that it simply broke out of a one-year consolidation sample. Therefore, greater costs could also be imminent, with the meme coin mirroring the Dogecoin price rally. In line with this, the analyst opined that BONK will pull the “mother of all rallies and liquidate an extraordinary amount of shorts very soon.”
Featured picture created with Dall.E, chart from Tradingview.com
