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Widely followed crypto analyst and trader Inmortal says that one Dogecoin (DOGE) rival is in the early stages of a lengthy rally. The pseudonymous analyst tells his 232,000 followers on the social media platform X that Dogecoin competitor Floki (FLOKI) is just beginning its ascent. “+40%, no dips. We are just getting started.” Source: Inmortal/X Earlier this month, Inmortal predicted that “god candles” would be coming for FLOKI. At time of writing, FLOKI is trading at $0.000079 and is down 77% from its all-time high. Inmortal also has his eye on Solana (SOL). According to the trader, next month will decide whether the top Ethereum (ETH) rival can pull off a bullish reversal. The trader believes that Solana may either print a bullish higher low setup or continue its downtrend next month. “You can’t imagine how important May is. In the next 30 days, we will have a pretty clear answer: Bear market bounce or bull market dip....

Growing signals suggest that Bitcoin (BTC) could soon reach $70,000, supported by technical market data and prediction markets. Inflows into U.S. Bitcoin ETFs remain strong, with a significant $458.5 million recorded during Wednesday’s trading session. After a relatively quiet period since May, demand for Bitcoin is picking up again.  Last week, it saw a monthly growth of 177,000 BTC, which was followed by a 5% price increase. As this trend develops, Bitcoin’s price movement may influence the broader market, leading altcoins to see gains as well. Investors are increasingly focused on identifying the top cryptocurrencies to invest in now . This trend highlights potential opportunities in the market as attention shifts toward promising altcoins for investment. Top Cryptocurrencies to Invest in Now The Sui token has recently gained attention following several important updates in its ecosystem. Meanwhile, Crypto All Stars is drawing interest in its Initial Coin Offering...

A closely followed crypto analyst says that a Dogecoin (DOGE) rival is potentially copying the same parabolic structure that BNB printed earlier this year. Pseudonymous trader Inmortal tells his 214,000 followers on the social media platform X that memecoin FLOKI could be repeating BNB’s move in early 2024. The trader suggests that an over 160% move for FLOKI is potentially on the table. “Similar structures. BNB vs. FLOKI.” Source: Inmortal/X Looking at the trader’s chart, he seems to predict that FLOKI will rally to $0.0003. At time of writing, FLOKI is worth $0.000114 Inmortal says that FLOKI’s recent sponsorship deal with English soccer team Nottingham Forest Football Club is another bullish catalyst for the memecoin. The trader says that FLOKI is likely to lead the memecoin resurgence once crypto bounces back. “If you ask me this is a big one, and when markets go green again, FLOKI will still be the leader if we talk a...

On Thursday, June 1, Floki Inu announced the launch of its strategic partnership with Binance Pay. This campaign is intended to “boost” FLOKI adoption via a marketing tie-up with Binance Pay. Specifically, users who buy items worth $1 or more on any eligible Binance Marketplace merchants using FLOKI via the Binance Pay payment option will get cashback for their first purchase. According to the announcement, “ The campaign will run from June 1 – June 30, 2023. “ The Floki team underlined that this partnership “enhances” FLOKI ’s utility as a payment token. Alongside, it also gives the Floki Inu project “extra, targeted exposure” through this marketing campaign with Binance Pay . FLOKI reacts Thursday was quite a dull day for the crypto market. Yesterday’s debt ceiling vote episode managed to stir pessimism within the community. As a result, most large and mid-cap cryptos were trading in red. Floki Inu , however, was one of the few assets that flashed a green number. In t...