A crypto analyst, known as “Bonk Guy,” believes that FLOKI is the next meme coin to explode, just like Dogecoin did recently.
FLOKI: Following in Dogecoin’s Footsteps
Bonk Guy points out that FLOKI’s price chart has historically mirrored Dogecoin’s, meaning it’s likely to follow the same pattern. Dogecoin recently surged by almost 150% in a week, adding billions to its market cap. FLOKI, on the other hand, is still relatively small and hasn’t moved much. However, Bonk Guy thinks this could change unexpectedly, catching many investors off guard.
He emphasizes the importance of getting in early, just like he predicted the Dogecoin rally weeks before it happened.
Betting on Betas: Why FLOKI Could Be a Better Bet
Bonk Guy argues that investing in “beta” coins like FLOKI can lead to higher returns during a bull market. He also suggests considering BONK and D.O.G.E as potential investments.
BONK: Ready for a Big Rally?
Bonk Guy is also bullish on BONK, a Solana-based meme coin. He believes BONK is well-positioned for a significant price surge, especially since it’s the only other meme coin besides Dogecoin and Shiba Inu listed on Coinbase.
He also highlights that BONK is the only meme coin with an Exchange-Traded Product (ETP), which could attract institutional investors.
BONK has recently broken out of a long consolidation pattern, suggesting a potential rally. Bonk Guy predicts a major price surge that could “liquidate a lot of shorts.”