cryptonewsland.com
- FLOKI celebrates setting up a new ATH at $0.0003412.
- The altcoin is now in the price discovery phase along with BNB and BTC.
- This could be another sign to support that the long-awaited altseason has arrived.
FLOKI celebrates setting a new all-time high (ATH) along with Binance’s native token BNB. FLOKI’s new ATH stands at $0.0003412 setting a new standard for the altcoin as it enters price discovery range with BNB by its side.
$FLOKI
— K A L E O (@CryptoKaleo) June 4, 2024
Don’t need a fancy chart here – just look at FLOKI zoomed out.
– Retesting its 2021 ATH.
– Clean HTF cup & handle
– BNB is on the verge of price discovery
– Memecoin super cycle
This sends to $10B+ on the next leg up easily. pic.twitter.com/NjwNZ7xm9R
The Floki Army is thrilled to see FLOKIs latest success as a platform to finally be reflecting on the assets price. Its recent efforts with fun strategically positioned campaigns has helped FLOKI place itself as the most used and most beloved token around the world.
As we can see from the post above, FLOKI just successfully retested its 2021 ATH to set a new 2024 ATH. The project has steadily been working through its new roadmap that has led to its latest ATH milestone.
The analyst observes a clean HTF cup & handle pattern and marks this as a memecoin super cycle. Another leg up for FLOKI is expected soon, this bull cycle now placing FLOKI in the price discovery phase along with Bitcoin (BTC) and Binance’s BNB.
It certainly seems like altseason has arrived for the crypto market as popular tokens take over the leaderboard for price surges. With FLOKI and BNB having set new all-time highs, the expectations for others to follow are more potent than ever.
Another factor that seems to point at the arrival of the long-awaited altseason is the fact that new altcoins have secured spots among the top 10 largest cryptos in the space. As the ranking for the top cryptos sees new faces, the start of altseason is highly possible.
To highlight, TON has taken the top 9th rank according to CoinMarketCap analytics. Meanwhile, other popular altcoins are flourishing and are rapidly climbing up the ranks. JASMY is expected to take one of the top 10 ranks and NOT is also growing with haste.