Crypto analyst Unipcs (Bonk Man) has predicted the subsequent meme coin that can replicate the current Dogecoin value rally. The analyst rightly referred to as the Dogecoin surge above $0.4 whereas predicting that the foremost meme coin may nonetheless attain $1.
FLOKI Is The Subsequent Meme Coin To Comply with Dogecoin Value
In an X put up, The Bonk Man acknowledged that FLOKI could be the subsequent meme coin to observe the Dogecoin value. He defined that FLOKI’s chart has traditionally mirrored the DOGE chart, which signifies that it shouldn’t be lengthy earlier than it replicates the Dogecoin value rally of virtually 150% within the final seven days.
The Dogecoin value has added virtually $40 billion to its market cap throughout this era. In the meantime, Bonk Man famous that FLOKI remains to be a fraction of DOGE’s market cap and has barely moved. Nonetheless, the crypto analyst urged that FLOKI’s rally may occur unexpectedly and catch many market contributors unaware.
He famous how he predicted the Dogecoin value rally for weeks and stored getting ignored till the explosive transfer lastly occurred. As such, the crypto analyst believes that market contributors ought to place themselves now as an alternative of ready for the explosive transfer to start after which begin scrambling for a late entry.
Bonk Man is assured that the Dogecoin value may rise larger from its present stage. Nonetheless, he urged that betting on FLOKI may be a greater wager. He claimed that traditionally, betting on betas has resulted in much more upside in a bull run and in a parabolic pattern just like the one that’s taking place proper now. The crypto analyst additionally talked about BONK and D.O.G.E as the 2 different doge betas that buyers ought to think about betting on.
BONK Will Additionally DOGE Comply with Quickly Sufficient
Bonk Man additionally offered a bullish outlook for BONK, predicting that the Solana meme coin will quickly observe the Dogecoin value. He remarked that many are taking without any consideration the truth that BONK is the one different meme coin listed on Coinbase in addition to Dogecoin and Shiba Inu. He added that additionally it is the one new meme coin on the platform.
That is important since BONK may get numerous publicity on Coinbase, which may result in huge adoption. Bonk Man additionally highlighted the truth that BONK is the one meme coin with an Change-Traded Product (ETP). That’s one other issue that would increase the meme coin’s adoption, particularly amongst institutional buyers.
The Solana meme coin already appears to be like effectively primed for this rally, as Bonk Man revealed that it simply broke out of a one-year consolidation sample. Subsequently, larger costs could also be imminent, with the meme coin mirroring the Dogecoin value rally. According to this, the analyst opined that BONK will pull the “mom of all rallies and liquidate a unprecedented quantity of shorts very quickly.”
Featured picture created with Dall.E, chart from Tradingview.com