December 22, 2023 8:00 AM | 2 min read
Options 101: The Beginner’s Guide
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A pseudonymous cryptocurrency analyst Crypto Tony, identified crucial levels for the meme coin Floki (CRYPTO: FLOKI) on Thursday.
What Happened: The technical analysis put forward by Crypto Tony indicates that a breakout above the price point of $0.000060 could usher in substantial gains for FLOKI.
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In a tweet, the analyst said, “Once we break that high it really is moon time legends. Doge season is kicking off and we have $FLOKI / $DOGE at the forefront of it.”
This comes as FLOKI, the meme cryptocurrency, has been added to cryptocurrency exchange CoinW’s perpetual futures listings on Thursday.
See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals
Why It Matters: FLOKI saw a 334% increase year-to-date in 2023. At the time of writing, FLOKI was trading at $0.000035.
Just last week, another pseudonymous analyst Kaleo hinted at a potential for a 40% surge in FLOKI’s value. “As we start to see a bit more action across DOGE and meme coins, I wouldn’t sleep on $FLOKI,” the analyst wrote on X.
Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?
Options 101: The Beginner’s Guide
Want to become an options master? In his free report, options expert Nic Chahine will give you access to the four bulletproof tips for beginners, the secret to scoring 411% gains with options, and his time-tested “plan” for success. Grab your free copy of Options 101: The Beginner’s Guide ASAP.
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