l{"id":1345181,"date":"2024-11-04T13:30:00","date_gmt":"2024-11-04T13:30:00","guid":{"rendered":"http:\/\/www.businesstelegraph.co.uk\/crypto-analyst-says-floki-master-plan-is-invalidated-whats-next-for-the-shiba-inu-competitor\/"},"modified":"2024-11-04T13:30:00","modified_gmt":"2024-11-04T13:30:00","slug":"crypto-analyst-says-floki-master-plan-is-invalidated-whats-next-for-the-shiba-inu-competitor","status":"publish","type":"post","link":"https:\/\/www.businesstelegraph.co.uk\/crypto-analyst-says-floki-master-plan-is-invalidated-whats-next-for-the-shiba-inu-competitor\/","title":{"rendered":"Crypto Analyst Says FLOKI Master Plan Is Invalidated, What\u2019s Next For The Shiba Inu Competitor?"},"content":{"rendered":"<p> <script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- newscabal uk text -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:728px;height:90px\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"3688094655\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Crypto analyst Master Kenobi has provided an update on his <\/span><a href=\"https:\/\/bitcoinist.com\/floki-master-plan-prediction\/\"><span style=\"font-weight: 400;\">FLOKI master plan<\/span><\/a><span style=\"font-weight: 400;\">. The analyst revealed that his initial analysis had been invalidated and mentioned what was next for the Shiba Inu competitor with this development.\u00a0<\/span><\/p>\n<h2>FLOKI Master Plan Invalidated But Might Be A Good Thing<\/h2>\n<p><span style=\"font-weight: 400;\">Master Kenobi revealed in an X post that the <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/floki\/floki-master-plan-2000-jump\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">FLOKI Master Plan<\/span><\/a><span style=\"font-weight: 400;\"> looks to have been invalidated. However, he believes that this is actually good news rather than bad for the Shiba Inu competitor. He went on to explain why this is a good thing for the meme coin, providing reasons why FLOKI is bound to thrive in this market cycle.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">First, the analyst noted that the crypto world has evolved beyond DeFi, NFT, Gaming, and Metaverse narratives and is now focused on memes. In line with this, he opined that meme coins will be the primary narrative in <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-bull-market-glassnode\/\"><span style=\"font-weight: 400;\">this bull run<\/span><\/a><span style=\"font-weight: 400;\">. He added that crypto projects seem more credible when they are simpler and embody humor, which is why he is betting on memes, including FLOKI, to thrive in this market cycle.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Master Kenobi then mentioned that FLOKI has caught his attention with a few key aspects. He alluded to the fact that the meme coin is the foremost meme in the <\/span><a href=\"https:\/\/bitcoinist.com\/binance-bnb-chain-dex-drops-24-in-volume-as-mpeppe-mpepe-gains-bnb-community-support-and-momentum\/\"><span style=\"font-weight: 400;\">BNB ecosystem<\/span><\/a><span style=\"font-weight: 400;\"> while remarking that BNB is the only blockchain infrastructure that is \u201cgenuinely evolving.\u201d<\/span><\/p>\n<h2>Aspects Of The Meme Coin That Are Eye-Catching<\/h2>\n<p><span style=\"font-weight: 400;\">The first aspect that the analyst identified is FLOKI\u2019s repetitive chart pattern. The second one Master Kenobi mentioned is that the <\/span><a href=\"https:\/\/bitcoinist.com\/shiba-inu-price-movements\/\"><span style=\"font-weight: 400;\">Shiba Inu<\/span><\/a><span style=\"font-weight: 400;\"> competitor looks to be one of the strongest meme coins on the Binance chain, if not the strongest one. He cited the meme craze on Solana and how it helped elevate its ecosystem.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The analyst believes something similar is going to play out on the BNB chain. He remarked that BNB cannot afford to lose its position to SOL in terms of market cap. He added that BNB is well-placed to maintain its position over SOl since <\/span><a href=\"https:\/\/bitcoinist.com\/freedom-nigerian-court-clears-binance-exec-orders-immediate-release\/\"><span style=\"font-weight: 400;\">Binance<\/span><\/a><span style=\"font-weight: 400;\"> remains the leading centralized exchange (CEX).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, Master Kenobi noted that BNB will also need a flagship meme, which is where FLOKI comes in. He believes Binance has seen the need for a flagship meme coin, which is why it supports a few meme projects, including FLOKI.\u00a0<\/span><\/p>\n<p>Related Reading: <a href=\"https:\/\/bitcoinist.com\/shiba-inu-price-movements\/\">Shiba Inu Price Movements: Here\u2019s How Many Holders Are Now In Profit\/Loss After That Sharp Drop<\/a><\/p>\n<p><span style=\"font-weight: 400;\">With a dedicated team, a game ready for launch, and a $1.25 billion market cap coupled with Binance\u2019s support, the analyst remarked that the Shiba Inu competitor has all the \u201cingredients\u201d to become a start in the next bull market.\u00a0<\/span><\/p>\n<figure id=\"attachment_336833\" aria-describedby=\"caption-attachment-336833\" style=\"width: 512px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"size-medium wp-image-336833\" src=\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2024\/11\/Crypto-Analyst-Says-FLOKI-Master-Plan-Is-Invalidated-Whats-Next.png\" alt=\"FLOK Shiba Inu\" width=\"512\" height=\"273\"\/><figcaption id=\"caption-attachment-336833\" class=\"wp-caption-text\">Source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">As part of his earlier <\/span><a href=\"https:\/\/www.newsbtc.com\/news\/floki\/floki-master-plan-2000-jump\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">FLOKI Master Plan<\/span><\/a><span style=\"font-weight: 400;\">, Master Kenobi had predicted that the meme coin would likely enjoy a price explosion on October 21. He said one reason why that didn\u2019t happen could be because of the imminent bull market, where \u201cmaximum volatility and unpredictability are preferred.\u201d The analyst further predicted that the FLOKI price explosion might happen around mid-December, along with the Dogecoin and altcoins explosion.\u00a0<\/span><\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2024\/11\/Crypto-Analyst-Says-FLOKI-Master-Plan-Is-Invalidated-Whats-Next\" alt=\"FLOKI price chart from Tradingview.com (Shiba Inu)\" width=\"3286\" height=\"1450\"\/><figcaption class=\"wp-caption-text\">Price struggles with bears as master plan fails | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow noopener\" target=\"_blank\">FLOKIUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<p>Featured image created with Dall.E, chart from Tradingview.com<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"7859258044\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/bitcoinist.com\/floki-master-plan-shiba-inu\/\">READ SOURCE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Master Kenobi has provided an update on his FLOKI master plan. The analyst revealed that his initial analysis had been invalidated and mentioned what was next for the Shiba Inu competitor with this development.\u00a0 FLOKI Master Plan Invalidated But Might Be A Good Thing Master Kenobi revealed in an X post that the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1345182,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_oct_exclude_from_cache":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-1345181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto Analyst Says FLOKI Master Plan Is Invalidated, What\u2019s Next For The Shiba Inu Competitor? - Business Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bitcoinist.com\/floki-master-plan-shiba-inu\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Analyst Says FLOKI Master Plan Is Invalidated, What\u2019s Next For The Shiba Inu Competitor? - Business Telegraph\" \/>\n<meta property=\"og:description\" content=\"Crypto analyst Master Kenobi has provided an update on his FLOKI master plan. 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