![Dogecoin Awaiting a New Rally While Floki Inu Price is Going to Zero Desipte Recent Developments](https://captainaltcoin.com/wp-content/uploads/2023/06/P2P-Review-40.png)
Several prominent crypto analysts and influencers are calling for investors to “start paying attention” to the popular meme cryptocurrencies Dogecoin (DOGE) and Floki Inu (FLOKI) amid signals that a price rally could be on the horizon.
Twitter user @CryptoNewton highlighted that Dogecoin has surged 15% recently, which has historically been a bullish indicator for other dog-themed meme coins like Floki Inu and Shiba Inu. “Dogecoin is up 15% which is very bullish for all #memecoins, especially dog coins i.e. #FLOKI and #SHIB,” they tweeted. “Historically $FLOKI has followed $DOGE and rallied harder whenever it moves. Time to start paying attention to Floki IMO!”
![](https://captainaltcoin.com/wp-content/uploads/2024/03/image-1074-1024x558.png)
The call was echoed by @neao_fly who pointed to several positive catalysts lined up for Floki Inu in the coming weeks, including the release of a new roadmap, major marketing partnerships, and a significant token burn. “This week – Release of the new #Floki roadmap. – A strategic marketing partnership with #WTT to introduce #Floki to half a billion people. – A partnership with #Carbon Browser to introduce $FLOKI to 7 million+ users. – Over $772,000 in $FLOKI tokens burned in just one week.”
Doge2014 raises 300K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Meanwhile, the @BezosCrypto account referenced a Benzinga report about a Shiba Inu whale buying 551 billion SHIB tokens, noting that the last time a purchase of that scale happened, “SHIB pumped 1,100%.”
Meme cryptocurrencies like DOGE, FLOKI, and SHIB are known for their volatile price swings driven largely by speculative sentiment from retail investors. While their fundamentals are relatively thin compared to other crypto projects, the tokens have commanded surprisingly large market caps and loyal followings. A concerted bullish move in one can often trigger rallies across the broader meme coin space.
You may also be interested in:
- Kaspa Has “Already Grown too Much” – Expert Cautions Against Further KAS Investment
- Beyond Ethereum’s (ETH) Shadow: Here’s Why PEPE Meme Coin Could Shine in the Upcoming Alt Season
- Why BIG MONEY Is Secretly Buying These Cryptos In 2024!
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.