Most investors are in consensus, expecting Floki to be one of the top-performing meme coins during this bull cycle.
Even today on Tuesday, the Floki price is up by 5% while both Bitcoin and Ethereum are down by 2%.
However, an expert’s Floki price prediction has even surprised some of the bulls. Popular crypto analyst Dona, who has nearly 25k followers on X, projects Floki to peak at $0.003 in this cycle, up over 15x from its current price of $0.00018.
Meanwhile, a new meme coin Shiba Shootout has also caught the attention of experts, with some signalling 100x returns after its launch.
Floki Price Prediction – New All Time Highs?
While Dona’s Floki price projection may be an extremely optimistic scenario, most smart money traders would likely not bet against it.
After all, its market capitalization currently is just under $1.75 billion and a 15x surge only puts it at above $26 billion. While ambitious, this target is certainly achievable considering the fact that the current bull cycle is being led by meme coins.
Floki, in particular, boasts strong fundamentals and is considered a high-utility meme coin. More importantly, it is showing an extremely strong correlation with Ethereum and Pepe.
Notably, the spot Ethereum ETFs are expected to start trading by July, which would likely result in a major ETH rally. In such a scenario, Ethereum-based meme coins such as Pepe and Floki could also deliver outsized returns.
Floki’s technical analysis also supports this bullish theory. For instance, top ByBit trader Bluntz has revealed that the meme coin has been forming an extremely strong base and could be one of the best-performing meme tokens in July.
Notably, Bluntz’s calls on meme coins have been extremely precise over the past few months. He called both the local top and the local bottom for Dogwifhat (WIF) using the Elliot Wave Theory.
Another popular trader Crypto Tony is optimistic about Floki’s short-term potential. He has revealed that he would open long positions on the meme coin once it breaks above the $0.00019 resistance.
Can New Meme Coin Shiba Shootout 100x After IEO?
Floki and Pepe aren’t the only Ethereum-based meme coins that experts are bullish on. A new project – Shiba Shootout – is gaining significant traction, having raised nearly $500k in its ongoing presale.
The project gives a Wild West touch to the iconic Shiba Inu dog, with Marshall Shiba being the protagonist of the story.
Aside from its engaging theme, SHIBASHOOT’s wide-ranging rewards have impressed investors.
For instance, presale buyers can stake their holdings and earn attractive passive income, currently at a reward rate of nearly 2300%. The project has also launched another similar concept – Saving Saddlebags – which allows investors to earn bonus rewards as well.
Additionally, the project has launched its own refer-to-earn program known as the Posse Rewards, on top of the Campfire Stories sessions in which participants can earn lucrative rewards simply for sharing the wildest meme coin stories.
The perks for holders do not stop here. They can participate in Lasso Lotteries, token governance roundups and enjoy the upcoming beta release of the Shiba Shootout game.
Owing to its unique value proposition, experts such as Michael Wrubel – who has over 300k subscribers – believe that Shiba Shootout could potentially deliver up to 100x returns after its launch.
Another popular YouTuber Yellow Trades also made a 100x price prediction for the new meme coin.
