Crypto Analyst Says This Meme Coin Is ‘Incredibly Undervalued' – It's Not Dogecoin Or Shiba Inu
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As the crypto market recovers and meme coins seem to be making a comeback, investors are looking to other options besides Dogecoin and Shiba Inu with the potential to make a major run this cycle. One crypto trader that has continued to make waves on social media for his meme coin conviction is Unipcs, also known as 'The Bonk Guy.' The most recent conviction trade posted by the trader is FLOKI, a meme coin that he sees outpacing the likes of Dogecoin and Shiba Inu.
Following The Footsteps Of Dogecoin And Shiba Inu
In the X (formerly Twitter) post, the crypto trader explained the reason why they are still bullish on FLOKI as compared to Dogecoin and Shiba Inu. For one, the meme coin has followed the footsteps of Dogecoin and Shiba Inu to become one of the few meme coins that have provably survived beyond a bull cycle. But not only this, FLOKI had gone on to make a new all-time high this time around, something not even Dogecoin or Shiba Inu had managed.
Furthermore, the trader pointed out that the FLOKI price is currently down 80% from its all-time high. This means that there is a higher chance of the price recovery and providing returns. In addition, FLOKI is the 'biggest and most popular memecoin on BNB chain.' This led the meme coin cycle of the last bull market, and the blockchain seems to be making a comeback as traders flock back for possible meme coin gains.
Read More What to expect as ATOM weakens further
The FLOKI meme coin has also scored listings on all of the major crypto exchanges in the industry, ranging from Binance to Coinbase and Robinhood EU, among others. This makes it an easily accessible meme coin for even inexperienced crypto traders.
Source: X
Another major factor that could drive attention and a recovery for the meme coin is the fact that a FLOKI ETP is expected to be listed on Switzerland's SIX Swiss Exchange, which is the third-largest stock exchange in Europe. This was announced back in January 2025 after a unanimous vote in the FLOKI DAO to allocate tokens for the listing.
Finally, the crypto trader attributes the aggressive mainstream marketing strategy that the team has adopted to make it a recognizable and appealing crypto brand for new crypto investors. Thus, he expects FLOKI to start picking up as crypto moves into the mainstream. 'IF we get an explosive memecoin season, i have a high degree of confidence that floki will be one of the top performers,' Unipcs said.
FLOKI price follows market drawdown | Source: FLOKUSDT on Tradingview.com
Featured image from Dall.E, chart from Tradingview.com
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