Crypto analyst Unipcs (Bonk Man) 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 Subsequent Meme Coin To Comply with Dogecoin Value
In an X submit, The Bonk Man said that FLOKI could be the following meme coin to observe the Dogecoin worth. 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 nearly $40 billion to its market cap throughout this era. In the meantime, Bonk Man famous that FLOKI remains to be a fraction of DOGE’s market cap and has barely moved. Nevertheless, the crypto analyst urged 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 stored 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 Man is assured that the Dogecoin worth may rise greater from its present stage. Nevertheless, he urged that betting on FLOKI could be a greater wager. He claimed that traditionally, betting on betas has resulted in much more upside in a bull run and in a parabolic development 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 traders ought to take into account betting on.
BONK Will Additionally DOGE Comply with Quickly Sufficient
Bonk Man additionally offered 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 in addition to Dogecoin and Shiba Inu. He added that it is usually the one new meme coin on the platform.
That is vital since BONK may get plenty of publicity on Coinbase, which may result in huge adoption. Bonk Man additionally highlighted the truth that BONK is the one meme coin with an Change-Traded Product (ETP). That’s one other issue that might enhance the meme coin’s adoption, particularly amongst institutional traders.
The Solana meme coin already appears to be like properly primed for this rally, as Bonk Man revealed that it simply broke out of a one-year consolidation sample. Subsequently, greater costs could also be imminent, with the meme coin mirroring the Dogecoin worth rally. According to this, the analyst opined that BONK will pull the “mom of all rallies and liquidate a unprecedented quantity of shorts very quickly.”
Featured picture created with Dall.E, chart from Tradingview.com
