Analyst Forecasts Mammoth 200% Surge for This Dogecoin and Shiba Inu Competitor

The crypto market might be in for a surprise as a well-known crypto analyst predicts a significant rally for a competitor of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).

What Happened: The analyst, known as Inmortal, shared on X platform that the meme coin Floki (CRYPTO: FLOKI) is showing a Relative Strength Index (RSI) pattern similar to one that previously resulted in a 200% price surge.

“Last time we reached this RSI level we bottomed and pumped 200% One of my fav charts right now,” Inmortal stated.

Full story available on Benzinga.com