Analis: FLOKI Akan Menjadi DOGE Berikutnya di Bull Run Mendatang

The current downturn in the crypto market has sparked debates among investors and analysts.

Analysts' Views on FLOKI's Prospects

Veteran crypto analyst Scofield recently shared his thoughts on the market downturn, suggesting it presents opportunities for savvy investors to accumulate valuable assets.

According to Scofield, FLOKI is gaining traction among institutional investors, known as "smart money."

"FLOKI seems to be a favorite among the smart money as it has strong institutional backing and fundamentally outperforms other top memecoins such as PEPE, WIF, and SHIB," Scofield tweeted.

Based on this, Scofield believes FLOKI has the potential to follow in Dogecoin's (DOGE) footsteps in the next bull run, dominating the market as DOGE did in the past.

Contrarian View from Early Investor Dona

However, not all analysts share Scofield's optimism. Early crypto investor Dona expressed skepticism about FLOKI's short-term performance.

Dona sees FLOKI as still in a downtrend, predicting one more dip before a recovery.

She expects FLOKI to correct below $0.0001 and bounce around $0.0000682 before starting an upward move.

FLOKI's Price Performance

At the time of writing, FLOKI is trading at around $0.0001209, down 2.18% in the past 24 hours. With a market capitalization of approximately $1.16 billion, FLOKI remains a major player in the memecoin space, despite the volatility.

Investors' Dilemma

The contrasting opinions leave investors with a dilemma: follow the accumulation strategy advocated by Scofield or wait for a further dip predicted by Dona.

The ultimate decision depends on individual risk tolerance and investment strategy.