- The crypto community surges as one as Bitcoin (BTC) comes back to the $60,000 mark.
- Memecoins and altcoins answer the call and some are outperforming legacy crypto assets.
- Out of the memecoins, FLOKI teased an incoming bullish announcement on July 17.
Bitcoin (BTC) reclaimed the $60,000 price level today just as news of Trump’s assassination attempt took over the TwitterX space. Many see direct correlation between Trump’s survival and the Bitcoin and crypto market price pump.
Another action that fueled this price recovery is the fact that Elon Musk, popular for his influence over traders and holders in the crypto space, endorsed Trump’s campaign for the US Presidential Election 2024.
As Bitcoin (BTC) reclaimed the $60,000 level many other altcoins as well as popular memecoins have also begun to outperform the market once again. In detail, WIF, FLOKI, and BONK are all looking strong, boasting strong fundamentals and setting themselves up to outdo memecoin legacies DOGE and SHIB.
While DOGE, SHIB, WIF, and BONK are set out to make massive gains when the golden bull cycle arrives, many expect FLOKI to take the lead. This cycle, FLOKI already pulled a 10x, yet traders and crypto analysts believe that FLOKI still has a big pump coming ahead.
While seasoned traders debate when and how these memecoins will take over, one analyst in particular declares that FLOKI leads due to two specific favors. He says that the memecoin not only offers strong fundamentals, but it also has the strongest catalysts.
He says that it is these two factors that sets FLOKI apart from other memecoins and gives it a strong edge over its competitors. He even goes as far as to say that FLOKI will be the main memecoin of the ongoing bull cycle.
Lastly, he teases that FLOKI will make a major marketing announcement on July 17 that will likely lead to explosive gains. FLOKI recently launched heavy campaigns in New York, Nigeria, and Thailand. Perhaps another similar campaign will begin?
Read Also
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
