An expert predicts that Flokis value could increase 15 times from its current price while the new meme coin Shiba Shootout is expected to surge by 100 times
Most investors are unified in their expectations, foreseeing Floki as a standout performer among meme coins in the current bull market phase. As of today, Tuesday, Floki’s price has risen by 5%, contrasting with declines of 2% for both Bitcoin and Ethereum.
Nevertheless, a surprising prediction about Floki’s price by expert analyst Dona has caught the attention of many. Dona, a prominent figure with nearly 25,000 followers on X, forecasts that Floki could reach $0.003 during this cycle—a staggering increase of more than 15 times from its current price of $0.00018.
“While this prediction should be taken cautiously, I see the potential,” Dona tweeted. “If it materializes, $FLOKI could soar to $0.003, marking a fiftyfold increase.” [https://t.co/yoten8aVrN](https://t.co/yoten8aVrN) [pic.twitter.com/NNbzYE5ck2](https://t.co/NNbzYE5ck2)
Simultaneously, another newcomer in the meme coin arena, Shiba Shootout, has captured expert attention, with some forecasting a potential 100-fold return post-launch.
Is Floki Heading for New All-Time Highs?
Dona’s optimistic forecast for Floki’s price may appear overly ambitious, but seasoned traders likely won’t discount its possibility. With a current market capitalization just under $1.75 billion, a 15-fold surge would propel it above $26 billion. While ambitious, this target is conceivable given the current dominance of meme coins in the bull market.
Floki stands out among its peers due to robust fundamentals and its role as a high-utility meme coin. Crucially, its movement shows a strong correlation with Ethereum and Pepe. Notably, the imminent trading of spot Ethereum ETFs by July is expected to trigger a significant ETH rally, potentially benefiting Ethereum-based meme coins like Pepe and Floki with substantial returns.
“There’s a solid base forming on $floki here—it’s poised for a significant move in my opinion.” [pic.twitter.com/quE91odmLJ](https://pic.twitter.com/quE91odmLJ)
Technical analysis further supports this bullish outlook for Floki. Top ByBit trader Bluntz highlights the formation of a robust base for the meme coin, suggesting it could emerge as one of July’s top-performing meme tokens.
Bluntz’s track record in predicting meme coin movements has been notably accurate, with precise calls on both local peaks and troughs for Dogwifhat (WIF) using Elliott Wave Theory. Another prominent trader, Crypto Tony, shares optimism about Floki’s short-term prospects, indicating readiness to initiate long positions once it breaches the $0.00019 resistance level.
Shiba Shootout: Can the New Meme Coin 100x After IEO?
Floki and Pepe aren’t the only Ethereum-based meme coins gaining bullish sentiment from experts. Shiba Shootout, a new project, is gaining traction, having raised nearly $500,000 in its ongoing presale.
The project introduces a Wild West theme featuring the iconic Shiba Inu dog, with Marshal Shiba as its central character.
Beyond its engaging concept, SHIBASHOOT offers expansive rewards that have impressed investors. Presale participants can stake their holdings, earning attractive passive income at a current reward rate of nearly 2300%. The project has also introduced a similar initiative, Saving Saddlebags, allowing investors to earn additional rewards.
Moreover, SHIBASHOOT has launched a refer-to-earn program called Posse Rewards, along with Campfire Stories sessions where participants share meme coin tales for lucrative rewards.
Holdings come with perks extending to Lasso Lotteries, token governance opportunities, and the forthcoming beta release of the Shiba Shootout game. Given its distinctive value proposition, experts like Michael Wrubel, boasting over 300,000 subscribers, foresee Shiba Shootout potentially delivering up to 100 times returns post-launch.
Popular YouTuber Yellow Trades has also made a bullish prediction of a 100-fold increase in the new meme coin’s price.
Visit Shiba Shootout Presale