Crypto analyst Master Kenobi has presented a master plan, suggesting that Floki (FLOKI), a dog-themed meme coin, is on the brink of a massive breakout. While Dogecoin (DOGE) and Shiba Inu (SHIB) have experienced notable price surges in the past, Floki is projected to skyrocket by at least 1,100% in Q1 2025.

Floki Set For 1,100% Pump In Q1 2025

In a recent X (formerly Twitter) post, Master Kenobi expressed optimism about Floki’s future price prospects. He based his forecasts on historical price cycles, which appear to follow a predictable pattern every 365 days. 

The analyst shared a chart showing that Floki has exhibited recurrent bull patterns approximately one year apart. During each year, a significant price pump began after a period of consolidation, marked by the red arrows and purple rectangles on the chart. 

Kenobi highlighted that during the 2021 price pump, Floki surged 92X after undergoing a consolidation period of about 112 days. Following this pump, the meme coin experienced a massive decline of about 98.5% before stabilizing slightly and starting another round of consolidation. 

Over the past few years, the price of Floki has surged significantly, experiencing a bullish trend similar to that of its 2021 pump. The chart’s data shows that the meme coin rose 11X in 2022 and 22X in late 2024.

Based on this recurring bullish trend, Kenobi suggests Floki is approaching a breakout zone where its Go to Source to See Full Article
Author: Scott Matherson