Floki Lags Dogecoin, Shiba Inu With 7% Weekly Gain But 'Looks Excellently Positioned' For Q4, Trader Says
Portfolio Pulse from Khyathi Dalal
Floki (FLOKI) is trading flat but is expected to rally in Q4 due to increased usage of its trading bot and presence in sports events. Despite underperforming Dogecoin and Shiba Inu, Floki's trading bot has seen significant volume and user growth.
September 13, 2024 | 3:34 pm
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Floki is expected to perform well in Q4 due to increased trading bot usage and visibility in sports events, despite underperforming Dogecoin and Shiba Inu.
Floki's trading bot has reached $27 million in trading volume and over 20,000 users, indicating growing interest. The coin is making higher lows above key support, suggesting potential for a rally. Its presence in sports events further boosts its visibility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100