Analyst Predicts ‘Sudden Surge’ for This Competitor of Dogecoin and Shiba Inu

Dogecoin and Shiba Inu continue to dominate the meme coin landscape, yet new contenders are steadily rising in prominence. In 2021, the initial meme coin surge saw the emergence of FLOKI, which quickly gained popularity among investors. Throughout the bear market and into the ongoing bull market, FLOKI has displayed remarkable resilience, leading some crypto traders to assert there is ample potential for further growth.

Reasons to Choose FLOKI Over Dogecoin and Shiba Inu

A prominent crypto trader and analyst, known as ‘Bonk Guy,’ has outlined several reasons why investing in FLOKI may be more advantageous than putting money into Dogecoin or Shiba Inu. Created in 2021 and managing to withstand both a bear and bull market, FLOKI possesses additional qualities that enhance its status as a leading meme coin.

A significant factor contributing to FLOKI’s popularity is the anticipation surrounding the potential launch of an Exchange-Traded Product (ETP) for the coin. This advantage sets it apart from other meme coins that have yet to attract substantial institutional backing.

Moreover, FLOKI has established itself as a formidable alternative to Dogecoin and Shiba Inu by achieving a new all-time high in 2024. This accomplishment places it ahead of the two leading coins, which have not yet reclaimed their all-time highs from 2021.

Similar to its counterparts, FLOKI has gained listings on major cryptocurrency exchanges, including prominent platforms such as Binance, Coinbase, and Bybit, alongside smaller exchanges. As of now, its daily trading volume exceeds $200 million.

Analyzing the charts, the trader noted that FLOKI’s performance looks promising. Following a sustained accumulation phase at the beginning of 2025, the meme coin has surged upward, surpassing the $0.0001 mark. This leads Unipcs to believe that a significant upward movement for FLOKI is imminent.

“Even though FLOKI remains relatively underappreciated, it enjoys dedicated loyalty from its supporters and significant retail recognition, which suggests that any price rally could exceed expectations—an ideal setup for a rally often seen in lesser-known coins,” the analyst concluded.