The memecoin FLOKI has gained an impressive 652% in value since the beginning of the year. Experts predict that this upward trend could continue, suggesting the coin may rise over 700% from its current levels. Prominent figures such as Master Kenobi and Bonk Guy have provided noteworthy targets for FLOKI’s future performance.
Master Kenobi Predicts $0.0023 Target
Crypto analyst Master Kenobi stated that FLOKI could reach $0.0023 by March 2024. In a chart shared on the X platform, Kenobi foresaw a significant surge once the coin surpasses the $0.0011 mark, identifying February 10 as a critical date for this movement.
Kenobi emphasized, “The FLOKI chart continues to follow the predicted model,” noting that the coin’s performance aligns with the expected trajectory. This target signifies a remarkable increase in the coin’s total market capitalization.
Bonk Guy: PEPE’s Path Illuminates FLOKI’s Future
Another analyst, Bonk Guy, asserted that FLOKI could easily reach $0.0010 within the current market cycle. He cited PEPE coin’s achievement of a $10 billion market cap as a comparable example, suggesting a similar process could unfold for FLOKI.
Bonk Guy remarked, “PEPE’s market cap serves as a guide for FLOKI. It is likely they could reach similar levels.” This analysis highlights the growing interest in memecoins and generates a positive atmosphere among traders.
Moves Independently from Bitcoin
Master Kenobi also noted that FLOKI might move independently from Bitcoin 
$94,869‘s correlation. He cautioned that there could be some delay in FLOKI’s rise due to capital rotation first targeting larger altcoins. However, following this delay, a rapid and substantial increase in the memecoin is anticipated.
According to analysts, as the altcoin season gains momentum, FLOKI could revisit its historical peak of $0.0003462. Such a movement could open the door to significant gains for traders.
