Analyst Says This Dogecoin And Shiba Inu Contender Could See ‘Impulsive Move’
Dogecoin and Shiba Inu lead the meme coin market, but FLOKI is emerging as a strong contender. FLOKI, created in 2021, has shown resilience through market fluctuations. A crypto trader, Unipcs, suggests FLOKI may be a better investment than Dogecoin or Shiba Inu due to its potential Exchange-Traded Product (ETP) launch, which could attract institutional support. FLOKI reached a new all-time high in 2024, outperforming both Dogecoin and Shiba Inu, which remain below their 2021 peaks. FLOKI is listed on major exchanges like Binance, Coinbase, and Bybit, with daily trading volumes exceeding $200 million. The FLOKI chart indicates strong performance, having broken through $0.0001, and is expected to experience significant upward movement soon. Unipcs notes that FLOKI's under-the-radar status, combined with loyal holders, suggests potential for a substantial rally.
