Crypto

Crypto Analyst Who Called Dogecoin Price Surge Above $0.4 Says This Meme Coin Will Follow DOGE

Renowned crypto analyst Unipcs, often known in the crypto community as Bonk Guy, has shared his insights on the next meme coin that could emulate the recent Dogecoin price surge. Bonk Guy accurately foresaw Dogecoin’s rise above $0.4 and remains optimistic that the popular meme coin could hit the $1 mark in the future.

FLOKI: The Next Meme Coin Poised to Follow Dogecoin’s Price Trajectory

In a recent post on X, Bonk Guy predicted that FLOKI would be the next meme coin to shadow Dogecoin’s price movement. According to the analyst, FLOKI’s historical chart patterns have often mirrored those of DOGE, suggesting an impending price rally similar to Dogecoin’s 150% increase witnessed over the past week.

During this Dogecoin price increase, approximately $40 billion was added to its market capitalization. Despite this, Bonk Guy highlighted that FLOKI’s market cap remains significantly smaller compared to DOGE and has shown little movement. However, he hinted that FLOKI’s potential rally could be sudden, catching many crypto investors off-guard.

Bonk Guy recounted his earlier predictions about Dogecoin’s price rally, which many ignored until the explosive uptrend materialized. Consequently, he advises market participants to position themselves now rather than waiting for the rally to begin before making a move. This proactive approach could yield better investment returns.

The Potential of Other Doge Betas: BONK and D.O.G.E

While expressing confidence in Dogecoin’s continued upward momentum, Bonk Guy suggested that investing in FLOKI might offer even better returns. He emphasized that historically, betting on lesser-known coins or “betas” often results in more significant gains during bullish market trends. In addition to FLOKI, he identified BONK and D.O.G.E as promising doge betas worthy of consideration.

BONK: A Meme Coin Ready to Follow Dogecoin’s Path

Bonk Guy also provided an optimistic forecast for BONK, a Solana-based meme coin. He predicts that it will soon mirror Dogecoin’s price movements. Notably, BONK is one of the few meme coins listed on Coinbase, alongside Dogecoin and Shiba Inu, which provides it with a unique advantage in terms of exposure and potential adoption.

The analyst underscored BONK’s distinction as the only meme coin with an Exchange-Traded Product (ETP), a feature that could attract institutional investors and boost its market presence. This development presents BONK as a meme coin primed for significant growth.

Why BONK’s Breakout Could Be Significant

The Solana meme coin appears ready for a rally, as Bonk Guy noted a breakout from a one-year consolidation pattern. This technical development suggests that higher prices could be on the horizon, potentially replicating Dogecoin’s price rally. Bonk Guy is optimistic that BONK will initiate a massive rally, liquidating numerous short positions in the process.

In conclusion, with FLOKI and BONK both positioned as potential successors to Dogecoin’s recent successes, investors are urged to consider these emerging opportunities in the meme coin market. As always, careful analysis and strategic positioning are key to capitalizing on these potential market movements.

Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories.I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology.My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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