With growing excitement in the crypto community, Floki appears poised for a major bullish move.
World Of Charts a top crypto analyst on X suggests that this meme coin, inspired by Elon Musk’s pet Shiba Inu and rooted in Norse mythology, is gaining momentum as more investors take notice of its playful yet promising potential.
The analyst notes that as the meme coin consolidates within a tight bullish pennant pattern, the strength of the trend suggests a strong probability for an upside breakout.
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He emphasizes that the current setup indicates a substantial rally in Floki’s price, potentially soaring by 200% once this breakout occurs.
With the meme coin forming a pattern that often signals upcoming growth, the analyst expects Floki’s price movement to accelerate upward in the coming days.
For investors, this presents a promising opportunity, as the market structure hints at a sharp price rally ahead.