Best Meme Coin Investments: Why This Analyst Picks Dogecoin Competitor, FLOKi

Crypto
analyst
Timeless
Crypto
has
made
a
bullish
case
for

FLOKI,
stating
why
he
prefers
the
meme
coin
above
other
blue
chip
meme
coins
like

Dogecoin
(DOGE).
The
analyst
also
predicted
that
FLOKI
could
end
up
making
a
hug
run
by
year-end. 

Why
This
Analyst
Is
Bullish
On
Floki

Timeless
Crypto
mentioned
in
an
X
(formerlyTwitter)

post

that
FLOKI
has
continued
to
hold
a
multi
month
rang
without
breaking
down
despite
the

bloodbath

that
occured
in
the
crypto
market
last
week.
The
crypto
analyst
made
this
statement
while
also
revealing
that
among
the
blue-chip
memes,
the
meme
coin
accounts
for
most
of
his
spot
investments
and
that
he
will
continue
to
hold
it
for
the
anticipated
year-end
rally. 

The
analyst
also
seemed
to
be
advising
market
participants
to
consider
investing
in

FLOKI,

as
he
noted
that
this
is
a
region
where
altcoins
are
entering
“very
attractive
valuations.”
Meanwhile,
the
analyst
added
that
he
isn’t
looking
at
the
altcoin
as
a
short-term
play.
As
such,
he
has
deployed
more
capital
to
invest
in
the
meme
coin
seeing
as
now
presents
a
buying
opportunity
for
FLOKI. 

Timeless
Crypto
is
looking
to
make
profits
from
his
investment
by
the
fourth
quarter
of
the
year,
as
he
predicts
that
the
meme
coin
will
likely
have
made
more
price
gains

by
then.
It
is
worth
mentioning
that
the
coin
is
already
one
of
the
top-performing
meme
coins
this
year,
with
a
year-to-date
(YTD)
gain
of
over
300%. 

Timeless
Crypto
isn’t
the
only
one
which
is
ultra-bullish
on
the
meme
coin.
Crypto
analyst
Crypto
Bull
also
recently
gave
his
analysis
on
the
meme
coin
and
called
patience,
suggesting
that
FLOKI
might
soon
make
a
massive
move
to
the
upside.
The
chart
he
shared
showed
that
FLOKI
was
currently
consolidating
and
could
rise
to
a
new

all-time
high
(ATH)

on
its
next
leg
up. 

Reaching
A
Market
Cap
Of
$10
Billion

Crypto
analyst
Crypto
Kaleo

had

previously
predicted

that
FLOKI
will
reach
a
market
cap
of
$10
billion.
He
claimed
that
this
could
happen
on
the
meme
coin’s
next
leg
up,
as
he
stated
that
the
meme
coin
could
enjoy
a
parabolic
rally
similar
to
the
one
that

Pepe
(PEPE)

made
on
its
way
to
a

new
ATH
earlier
in
May.

Crypto
Kaleo
also
mentioned
that
FLOKI
could
attain
such
heights,
considering
that
this
is
a
meme
coin
super
cycle.
He
also
factored
in
the
fact
that

BNB

was
on
the
verge
of
a
price
discovery.
He
suggested
that
the
meme
coin
could
benefit
from
BNB
hitting
new
highs,
and
he
remarked
that
the
former
was
a
“high
BNB
beta
meme
play.”

At
the
time
of
writing,
FLOKI
is
trading
at
around
$0.000147,
up
over
7%
in
th
last
24
hours,
according
to

data

from
CoinMarketCap. 

Featured
image
created
with
Dall.E,
chart
from
Tradingview.com