$FLOKI potentially reach 30 cent but expecting it to happen is nothing more than wishful thinking. While a $1 price market is completely out of the question, the meme coin has a theoretical chance of hitting 30 cent.
At 30cent per token, $FLOKI would have a market cap of $115 billion, which is roughly equivalent to the market cap of Tether, the largest stablecoin in terms of market capitalization. For additional context, Dogecoin, the original and most popular meme coin, had a market cap of $75 billion at its peak during the 2021 bull run. In other words, FLOKI would have to surpass the market cap of the most popular meme coin ever by $20 billion in order to achieve 30cent price point. You be the judge of how likely that is to happen.
To make things easier to visualize, check the following table with some notable price points for FLOKI and their corresponding market cap, as well as required price increases:
It’s worth noting that there’s another way how Floki Inu could increase in value without requiring a market cap in excess of $10+ billion. If the project were to employ a token burning program, our previous assumptions would go out of the window. If enough for $FLOKI tokens were removed from circulation, the coin could reach much higher price milestones without needing a massive inflow of new funds. In that case, the exact scope of a potential price increase would depend completely on the share of tokens that would be destroyed.
Floki Inu price prediction 2024 & 2025
Let’s proceed by taking a look at short-term price predictions for Floki Inu. The algorithm forecasts a positive near-term trend, with the meme coin growing by 370% and hitting $0.00127 by mid-April of 2025 The potential price peak coincides with the next Bitcoin halving, which is widely regarded as one of the most important price catalysts for cryptocurrencies.
After the initial surge, the price of FLOKI could retrace below $0.00055 by the second half of 2024 before regaining momentum and settling around the $0.00075 mark 12 months from now.The price target of 30 cent is achievable but not in short term.
