Crypto analyst Unipcs (Bonk Man) has predicted the subsequent meme coin that can replicate the latest Dogecoin worth rally. The analyst rightly known 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 Observe Dogecoin Value
In an X publish, The Bonk Man said that FLOKI could be the subsequent meme coin to comply with the Dogecoin worth. 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 worth rally of just about 150% within the final seven days.
The Dogecoin worth has added nearly $40 billion to its market cap throughout this era. In the meantime, Bonk Man famous that FLOKI continues to be a fraction of DOGE’s market cap and has barely moved. Nonetheless, the crypto analyst steered that FLOKI’s rally may occur unexpectedly and catch many market contributors unaware.
He famous how he predicted the Dogecoin worth rally for weeks and saved 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 worth may rise larger from its present stage. Nonetheless, he steered that betting on FLOKI could be a greater guess. He claimed that traditionally, betting on betas has resulted in much more upside in a bull run and in a parabolic development 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 traders ought to contemplate betting on.
BONK Will Additionally DOGE Observe Quickly Sufficient
Bonk Man additionally supplied a bullish outlook for BONK, predicting that the Solana meme coin will quickly comply with the Dogecoin worth. He remarked that many are taking as a right the truth that BONK is the one different meme coin listed on Coinbase in addition to Dogecoin and Shiba Inu. He added that it’s also the one new meme coin on the platform.
That is vital since BONK may get a whole lot of publicity on Coinbase, which may result in large 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 enhance the meme coin’s adoption, particularly amongst institutional traders.
The Solana meme coin already seems effectively primed for this rally, as Bonk Man revealed that it simply broke out of a one-year consolidation sample. Due to this fact, larger costs could also be imminent, with the meme coin mirroring the Dogecoin worth rally. Consistent with this, the analyst opined that BONK will pull the “mom of all rallies and liquidate a rare quantity of shorts very quickly.”
Featured picture created with Dall.E, chart from Tradingview.com
