- An analyst mentioned that FLOKI has the potential to repeat its October 2021 performance alongside DOGE.
- FLOKI’s downward momentum could come to a halt if buying pressure increases.
- Should intense accumulation appear, the meme’s first target could be $0.000018.
Between September 26 and 27, Floki Inu (FLOKI) pumped from $0.00001561 to $0.00001596, in a move that caught the crypto market’s attention. Although FLOKI has retraced to $0.00001590, there were talks about the meme preparing to have a superb performance in October.
One person who led the FLOKI conversation was Crypto Tony, the NFT and crypto investor. According to Tony, the likelihood of Dogecoin’s (DOGE) price increase could spur FLOKI’s rally. Tony also opined that FLOKI was in a macro support zone and intense accumulation could take place in that area.
$FLOKI / @RealFlokiInu – Update #Flokitober is around the corner, and with $DOGE looking hot for a pump, well i expect some magic from the leaders
— Crypto Tony (@CryptoTony__) September 27, 2023
Also note that #FLOKI is sat on a macro support zone. Accumulation time legends pic.twitter.com/XVNrkXoIo1
It is noteworthy to mention that F…
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