A leading crypto strategist reckons dogwifhat (WIF) is on the brink of a 350% surge. Bluntz, a pseudonymous analyst, shared this bold prediction with his 265,200 Twitter followers. Bluntz bases his forecast on the Elliott Wave theory. This theory suggests bullish assets typically experience a five-wave rally after an ABC corrective move. WIF currently trades at $2.21. Bluntz believes its ABC correction is done and dusted. He's betting on a massive upswing. "$10 WIF is coded by law," Bluntz declared. He added, "Once it starts properly going, do you think all those people who missed the last run from cents to $5 are going to miss round two? Not a chance." But WIF isn't the only memecoin on Bluntz's radar. He's also got his eye on Floki (FLOKI). Bluntz reckons FLOKI has wrapped up its ABC correction. He predicts a rally to a new all-time high around $0.00045. The analyst spotted a bullish divergence on FLOKI's daily chart. This could signal a trend reversal. "Floki is right up there as one of my favorite memes at the moment," Bluntz stated. He added, "Clear as day macro ABC structure done, five waves clearly visible within the C and high time frame [bullish divergence] at the lows. All-time high en route, in my opinion." FLOKI currently trades at $0.00019. Bluntz's third pick is Popcat (POPCAT), a Solana-based altcoin. He's bullish on POPCAT after it broke through its last resistance level at $0.72. These predictions might seem far-fetched. But in the wild world of crypto, stranger things have happened. Only time will tell if Bluntz's crystal ball is on the money or if these memecoins will end up in the doghouse.

The meme coin market experienced significant turbulence this week. Top tokens saw dramatic price fluctuations. News events and community actions drove these changes as always, but meme coins also took heavy hits from the outside world. Dogecoin (DOGE) stumbled initially. An Elon Musk tweet failed to spark enthusiasm, causing a 5% drop. But rumors of an e-commerce partnership reversed the trend. DOGE closed the week up 3%. Shiba Inu (SHIB) made a strong comeback. A new DeFi integration announcement propelled it up 12%. Enthusiastic community support pushed SHIB to new weekly highs. Pepe (PEPE) was the week's most stable performer. It surged 18% after launching a new NFT collection. This move tapped into investor nostalgia and excitement. Then it went back to its usual positions. A newcomer, dogwifhat (DOGWH), turned heads with a 15% fall, that followed an amazing 20% jump. Viral social media posts fueled its rise. Fresh investors piled in, drawn by the buzz. Bonk (BONK) had a solid week, climbing 4%. A successful community giveaway event drove the increase. It showcased the power of grassroots initiatives in the meme coin space. Floki (FLOKI) went on a wild ride. A Viking-themed marketing campaign initially boosted it 7%. Profit-taking then led to a 5% dip. FLOKI still ended slightly up for the week, as vikings never surrender, you know. Brett (BRETT) saw a 10% uptick, and then rolled down for 3%. New partnerships with emerging crypto platforms enhanced its appeal. The vocal Brett community played a key role in sustaining momentum. Mog Coin (MOG) truly went through the wringer. It dropped 10% on negative sentiment, then rebounded 15% after launching a staking feature. Talk about a rollercoaster! Book of Meme (BOM) steadily gained 4%. Small but positive platform updates drove its performance. BOM's consistency continued to attract new investors. We love stability, of course. And we lack it so desperately. Dog (Runes) faced headwinds, dropping 8%. Market corrections and regulatory concerns were to blame, no doubt. Yet, the community remained upbeat about future developments. To sum up, this week's events highlight the meme coin market's unpredictability that goes far beyond the ordinary altcoins. But that's why we love meme coins, right? They are insanely fun and insanely risky. That's probably not what Satoshi intended for us, but who says we can't have fun while Daddy is away.

Floki Inu, a well-known memecoin project, has issued a warning about unauthorized tokens. These tokens falsely claim association with the Floki brand. And they have appeared on Solana and Base blockchains, trying to steal money in a rather untraditional way. The project's official X account alerted followers to the scam. Floki Inu emphasized that genuine FLOKI tokens exist only on two networks. These are BNB Smart Chain and Ethereum. To aid users, Floki listed its legitimate contract addresses. On Ethereum, it's "0xcf0c122c6b73ff809c693db761e7baebe62b6a2e". On BNB Smart Chain, it's "0xfb5b838b6cfeedc2873ab27866079ac55363d37e". The project urged community members to verify token information. This should be done through official channels only. Such caution helps prevent falling victim to frauds. Despite these security challenges, Floki Inu continues to expand its ecosystem. A key development is the FLOKI Name Service on BNB Chain mainnet. This service enables users to register decentralized domain names with the .floki extension. The service uses Space ID architecture. This allows interoperability with numerous decentralized applications. These include popular platforms like Trust Wallet and PancakeSwap. Floki Inu has reached a milestone of over 417,400 holders on BNB Chain. To celebrate, it launched a rewards program. Holders can now claim a percentage of interest rewards. In March, the project unveiled its 2024 roadmap. It includes several new features and utility-focused initiatives. One plan involves regulated digital banking accounts. Users will be able to create and fund bank accounts using FLOKI tokens. The roadmap outlines a partnership with a licensed fintech firm. This will enable digital bank accounts with Swift payments and SEPA IBAN capabilities. The service will expand across Canada, Spain, Dominica, Australia, and the UAE. In January, Hong Kong's Securities and Futures Commission (SFC) issued a cautionary note. It warned about the "Floki Staking Program" and "TokenFi Staking Program". The SFC stated these products offer staking services with high promised returns. However, they lack authorization for public sale in Hong Kong.

Bluntz, a crypto analyst who famously predicted Bitcoin's 2018 bottom, has turned his sights to FLOKI. He foresees significant gains for this Shiba Inu competitor. FLOKI has drawn attention after nearly doubling in May, but Bluntz believes it's just the beginning. Bluntz shared his bullish outlook on X, formerly Twitter. He compared FLOKI’s price movement to PEPE, another meme coin that performed exceptionally well recently. FLOKI’s chart shows higher lows and highs, a bullish sign. According to Bluntz, this pattern suggests more upward movement. The analyst predicts a 100% increase in FLOKI’s price, potentially reaching $0.00075. Currently trading at $0.000246, this would represent a nearly 200% surge. However, FLOKI faces resistance levels that could slow its rise. The prediction comes despite current bearish pressure, with Bitcoin's price dip affecting FLOKI. Yet, Bluntz’s reputation lends weight to his forecast. He gained credibility by accurately calling Bitcoin's 2018 bottom, making his FLOKI prediction noteworthy. FLOKI isn't alone in the meme coin market downturn. Shiba Inu, Dogecoin, and others have also seen declines. Shiba Inu dropped over 5%, while Dogecoin and PEPE experienced losses too. These declines, however, haven't dampened Bluntz’s optimistic view on FLOKI. If Bluntz is correct, FLOKI could soon be a top performer. The crypto market is watching closely to see if his bullish prediction pans out. For now, investors eye FLOKI's potential as a high-reward opportunity amidst a volatile market.