Bluntz Forecasts FLOKI Price Surge Amidst Bear Market

Renowned Bitcoin analyst Bluntz has turned his attention to FLOKI, predicting significant gains for this Shiba Inu competitor. The analyst believes FLOKI's price will increase by 100%, potentially reaching $0.00075 from its current trading price of $0.000246.

This prediction comes despite the current bearish pressure in the market, with Bitcoin's price dip affecting FLOKI. However, Bluntz gained credibility by accurately calling Bitcoin's 2018 bottom, making his FLOKI forecast noteworthy.

FLOKI has drawn attention after nearly doubling in May, and its chart shows higher lows and highs, a bullish sign according to Bluntz. He compared FLOKI's price movement to PEPE, another meme coin that performed exceptionally well recently.