Price: $0.40319 5.9781%
Market Cap: 59.23B 1.8001%
Volume (24h): 11.02B 0.4%
Dominance: 1.8001%
Price: $0.40319 5.9781%
Market Cap: 59.23B 1.8001%
Volume (24h): 11.02B 0.4%
Dominance: 1.8001% 1.8001%
  • Price: $0.40319 5.9781%
  • Market Cap: 59.23B 1.8001%
  • Volume (24h): 11.02B 0.4%
  • Dominance: 1.8001% 1.8001%
  • Price: $0.40319 5.9781%
Home > Information news > Meme Coin Price Predictions: Top Crypto Analyst Predicts Major Moves for BONK, Dogecoin (DOGE), and FLOKI

Meme Coin Price Predictions: Top Crypto Analyst Predicts Major Moves for BONK, Dogecoin (DOGE), and FLOKI

Release: 2024/05/28 22:07 Reading: 255

Original author:CaptainAltcoin

Original source:https://coinmarketcap.com/community/articles/6655e103dd935876d0fc094e

Meme Coin Price Predictions: Top Crypto Analyst Predicts Major Moves for BONK, Dogecoin (DOGE), and FLOKI

Renowned meme coin enthusiast and analyst, CryptoAmsterdam, has unveiled the dynamics of popular meme crypto assets. He has highlighted key patterns and potential market shifts for BONK, DOGE, and FLOKI, providing a fresh perspective on their future movements.

BONK Price Prediction

BONK, a leading meme token on the Solana blockchain, has weathered a challenging phase of weekly token unlocks. According to CryptoAmsterdam, the final unlock, which occurred two weeks ago, has paved the way for a potential macro uptrend.

He observes, "Currently, it is attempting to break above significant resistance, which could trigger the second macro leg up." BONK's uniqueness is further emphasized by its status as the only Solana meme token listed on Coinbase, positioning it for heightened interest and investment.

Dogecoin's Market Position Strengthens

Dogecoin (DOGE) remains the dominant meme coin across all chains, according to the analyst. CryptoAmsterdam suggests that DOGE could serve as an index for those overwhelmed by the influx of new tokens.

He also notes several factors that could drive its value up, including the potential resurgence of Ethereum-based tokens and the influential tweets of celebrities like Elon Musk.

He emphasizes, "In a more trending market, one Musk tweet will send it to heaven." His analysis indicates that the current price range represents an optimal accumulation point for Dogecoin investors.

Floki Inu Awaits Its Trigger Moment

The analysis of Floki Inu (FLOKI) aligns with a similar trajectory as other meme coins like PEPE. CryptoAmsterdam notes that FLOKI is still awaiting a catalyst to initiate a price movement.

Moreover, the analyst applies the same Ethereum-Bitcoin thesis to FLOKI as to Dogecoin, highlighting parallel market conditions that could fuel its growth. This anticipation creates a watchful scenario for investors seeking the next wave in meme coin investments.

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