Crypto analyst Unipcs (Bonk Guy) has predicted the subsequent meme coin that can replicate the current 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 Follow Dogecoin Price
In an X submit, The Bonk Man acknowledged that FLOKI could be the subsequent meme coin to comply with 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 virtually 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. Nonetheless, the crypto analyst steered 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. Nonetheless, he steered that betting on FLOKI is likely to 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 pattern just like the one that’s taking place proper now. The crypto analyst additionally talked about BONK and D.O.G.E as the 2 different doge betas that traders ought to think about betting on.
BONK Will Additionally DOGE Follow Quickly Sufficient
Bonk Man additionally supplied a bullish outlook for BONK, predicting that the Solana meme coin will quickly comply with the Dogecoin worth. He remarked that many are taking without any 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.
This is important 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 Alternate-Traded Product (ETP). That’s one other issue that might increase the meme coin’s adoption, particularly amongst institutional traders.
The Solana meme coin already seems to be properly primed for this rally, as Bonk Man revealed that it simply broke out of a one-year consolidation sample. Due to this fact, greater costs could also be imminent, with the meme coin mirroring the Dogecoin price rally. In step with this, the analyst opined that BONK will pull the “mom of all rallies and liquidate a rare quantity of shorts very quickly.”
Featured picture created with Dall.E, chart from Tradingview.com
