'Doge Season Is Kicking:' Crypto Analyst Predicts 'Moon Time' For Floki When It Breaches This Key Level

A pseudonymous cryptocurrency analyst Crypto Tony, identified crucial levels for the meme coin Floki FLOKI/USD on Thursday.

What Happened: The technical analysis put forward by Crypto Tony indicates that a breakout above the price point of $0.000060 could usher in substantial gains for FLOKI. 

In a tweet, the analyst said, “Once we break that high it really is moon time legends. Doge season is kicking off and we have $FLOKI / $DOGE at the forefront of it.”

This comes as FLOKI, the meme cryptocurrency, has been added to cryptocurrency exchange CoinW’s perpetual futures listings on Thursday.

See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals

Why It Matters: FLOKI saw a 334% increase year-to-date in 2023. At the time of writing, FLOKI was trading at $0.000035.

Just last week, another pseudonymous analyst Kaleo hinted at a potential for a 40% surge in FLOKI’s value.  “As we start to see a bit more action across DOGE and meme coins, I wouldn't sleep on $FLOKI,” the analyst wrote on X.

Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyNewsMarketsdogecoinDogeocinFloki
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!