{"id":642462,"date":"2024-09-17T15:30:47","date_gmt":"2024-09-17T15:30:47","guid":{"rendered":"https:\/\/www.shenyangcang.com\/?p=642462"},"modified":"2024-09-17T05:20:02","modified_gmt":"2024-09-17T05:20:02","slug":"shiba-inu-floki-54-breakout","status":"publish","type":"post","link":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/","title":{"rendered":"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout"},"content":{"rendered":"<p class=\"p2\">After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments. Its break toward the $1 billion market cap level solidified its position as one of the <a href=\"https:\/\/www.shenyangcang.com\/news\/dogwifhat-wif-leads-memecoins-recovery-with-12-jump-is-2-2-the-next-stop\/\">leading meme coins<\/a> in the space. Although FLOKI has struggled in the market <a href=\"https:\/\/bitcoinist.com\/floki-price-holds-0-000155\/\" rel=\"nofollow\">after its initial bullish run<\/a>, falling more than 50% from its 2023 peaks, it is still a favorite among investors, and analysts, who expect the meme coin to see bullish momentum going forward.<\/p>\n<h2 class=\"p2\">Shiba Inu Competitor Gears Up For Breakout<\/h2>\n<p class=\"p2\">Crypto analyst CobraVanguard has <a href=\"https:\/\/www.tradingview.com\/chart\/FLOKIUSD\/GGoniaSR-FLOKI-The-prospect-of-increasing\/\" rel=\"nofollow\">predicted<\/a> a bullish run-up for the FLOKI price. According to CobraVanguard, <a href=\"https:\/\/www.shenyangcang.com\/news\/floki-bullish-breakout-ignites-could-a-96-surge-be-next\/\">the Shiba Inu competitor<\/a> is forming one of the most bullish patterns on its chart and that is known as a Falling Wedge pattern. This pattern itself is usually formed during a descending market, making the breakout the most important part.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.shenyangcang.com\/news\/dogecoin\/dogecoin-0-1-falling-wedge-0-2\/\">Dogecoin At $0.1 Is A \u2018Gift\u2019, Falling Wedge Breaking Bullish To Send Price To $0.2<\/a><\/div>\n<p class=\"p2\">This Falling Wedge pattern identified on the FLOKI chart by the crypto analyst has been forming for the better part of five months now. It began with the initial run-up back in April before taking form back in the month of June when the downtrend began. Naturally, as the FLOKI price fell further, the falling wedge pattern took shape.<\/p>\n<p class=\"p2\">At this point, a breakout is likely given how long the downtrend has lasted and the recovery in the crypto market. As the analyst highlights, if this breakout does happen, then <a href=\"https:\/\/www.shenyangcang.com\/news\/floki-leads-crypto-market-13-surge\/\">the FLOKI price<\/a> could fly from here, rising around 54% to reach the $0.000195 target.<\/p>\n<p class=\"p2\">However, if the Falling Wedge pattern does continue to form, then the continuation would bring bearish tidings for the Shiba Inu competitor. This could send the downtrend deeper, pushing it as low as $0.000084 before another breakout occurs.<\/p>\n<h2 class=\"p2\">Bullishness For FLOKI Continues<\/h2>\n<p class=\"p2\">CobraVanguard is not the only crypto analyst that foresees a <a href=\"https:\/\/www.shenyangcang.com\/news\/floki-bullish-breakout-ignites-could-a-96-surge-be-next\/\">breakout for the FLOKI price<\/a> soon. Another analyst, Cryptollica, took to X (formerly Twitter) to share similar sentiments for <a href=\"https:\/\/bitcoinist.com\/floki-inu-joins-binance-tr\/\" rel=\"nofollow\">the Shiba Inu competitor<\/a>. The crypto analyst compared it to Dogecoin, currently the largest meme coin by market cap, predicting that the FLOKI price will fly.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/www.shenyangcang.com\/news\/bitcoin\/bitcoin-accumulation-75000\/\">Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next?<\/a><\/div>\n<p class=\"p2\">However, Cryptollica\u2019s predictions are not as conservative as CobraVanguard\u2019s, predicting that <a href=\"https:\/\/bitcoinist.com\/floki-price-holds-0-000155\/\" rel=\"nofollow\">the meme coin\u2019s price will rise<\/a> above $0.04. This is an over 400% increase in the FLOKI price compared to the former\u2019s 54% forecast to $0.000195.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">FLOKI\/DOGE \ud83c\udf6d\ud83c\udf99<a href=\"https:\/\/twitter.com\/hashtag\/floki?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#floki<\/a> \ud83c\udf48 <a href=\"https:\/\/t.co\/37DRY5niz5\" rel=\"nofollow\">pic.twitter.com\/37DRY5niz5<\/a><\/p>\n<p>\u2014 Cryptollica\u26a1\ufe0f (@Cryptollica) <a href=\"https:\/\/twitter.com\/Cryptollica\/status\/92845083?ref_src=twsrc%5Etfw\" rel=\"nofollow\">September 13, 2024<\/a><\/p><\/blockquote>\n<p class=\"p2\">Nevertheless, both predictions maintain the same sentiment and that is that <a href=\"https:\/\/www.shenyangcang.com\/news\/floki-leads-crypto-market-13-surge\/\">the Shiba Inu competitor is ready for a breakout<\/a>. With meme coins expected to lead the bull run this time around, it would be no surprise if FLOKI were one of the leaders.<\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/MywMv5AW\/\" alt=\"FLOKI price chart from Tradingview.com (Shiba inu competitor)\" width=\"3286\" height=\"1450\"><figcaption class=\"wp-caption-text\">Token price recovers as Bitcoin rises | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">BTCUSD on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments. Its break toward the $1 billion market cap level solidified its position as one of the leading meme coins in the space. Although FLOKI has struggled in the market after its initial bullish run, falling more than 50% from its 2023 peaks, it is still a favorite among investors, and analysts, who expect the meme coin to see bullish momentum going forward. Shiba Inu Competitor Gears Up For Breakout Crypto analyst CobraVanguard has predicted a bullish run-up for the FLOKI price. According to CobraVanguard, the Shiba Inu competitor is forming one of the most bullish patterns on its chart and that is known as a Falling Wedge pattern. This pattern itself is usually formed during a descending market, making the breakout the most important part. Related Reading: Dogecoin At $0.1 Is A \u2018Gift\u2019, Falling Wedge Breaking Bullish To Send Price To $0.2 This Falling Wedge pattern identified on the FLOKI chart by the crypto analyst has been forming for the better part of five months now. It began with the initial run-up back in April before taking form back in the month of June when the downtrend began. Naturally, as the FLOKI price fell further, the falling wedge pattern took shape. At this point, a breakout is likely given how long the downtrend has lasted and the recovery in the crypto market. As the analyst highlights, if this breakout does happen, then the FLOKI price could fly from here, rising around 54% to reach the $0.000195 target. However, if the Falling Wedge pattern does continue to form, then the continuation would bring bearish tidings for the Shiba Inu competitor. This could send the downtrend deeper, pushing it as low as $0.000084 before another breakout occurs. Bullishness For FLOKI Continues CobraVanguard is not the only crypto analyst that foresees a breakout for the FLOKI price soon. Another analyst, Cryptollica, took to X (formerly Twitter) to share similar sentiments for the Shiba Inu competitor. The crypto analyst compared it to Dogecoin, currently the largest meme coin by market cap, predicting that the FLOKI price will fly. Related Reading: Bitcoin Accumulation In Full Swing As $1.3 Billion Exits Exchanges, $75,000 Next? However, Cryptollica\u2019s predictions are not as conservative as CobraVanguard\u2019s, predicting that the meme coin\u2019s price will rise above $0.04. This is an over 400% increase in the FLOKI price compared to the former\u2019s 54% forecast to $0.000195. FLOKI\/DOGE \ud83c\udf6d\ud83c\udf99#floki \ud83c\udf48 pic.twitter.com\/37DRY5niz5 \u2014 Cryptollica\u26a1\ufe0f (@Cryptollica) September 13, 2024 Nevertheless, both predictions maintain the same sentiment and that is that the Shiba Inu competitor is ready for a breakout. With meme coins expected to lead the bull run this time around, it would be no surprise if FLOKI were one of the leaders. Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":642467,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[93056],"tags":[167,6664,26263,14690,85497,92604,92603,87130,91751,87131],"class_list":["post-642462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-floki","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-floki","tag-floki-crash","tag-floki-news","tag-floki-price","tag-flokiusd","tag-flokiusdt"],"acf":[],"yoast_head":"\n<title>Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout<\/title>\n<meta name=\"description\" content=\"After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout\" \/>\n<meta property=\"og:description\" content=\"After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-17T15:30:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-17T05:20:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout\",\"datePublished\":\"2024-09-17T15:30:47+00:00\",\"dateModified\":\"2024-09-17T05:20:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/\"},\"wordCount\":499,\"publisher\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024\",\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"FLOKI\",\"FLOKI crash\",\"FLOKI news\",\"FLOKI Price\",\"FLOKIUSD\",\"FLOKIUSDT\"],\"articleSection\":[\"FLOKI\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/\",\"url\":\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/\",\"name\":\"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout\",\"isPartOf\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024\",\"datePublished\":\"2024-09-17T15:30:47+00:00\",\"dateModified\":\"2024-09-17T05:20:02+00:00\",\"description\":\"After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#primaryimage\",\"url\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024\",\"width\":1792,\"height\":1024,\"caption\":\"FLOKI\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.shenyangcang.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.shenyangcang.com\/#website\",\"url\":\"https:\/\/www.shenyangcang.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.shenyangcang.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.shenyangcang.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/www.shenyangcang.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.shenyangcang.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/www.shenyangcang.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout","description":"After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/","og_locale":"en_US","og_type":"article","og_title":"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout","og_description":"After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments.","og_url":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-09-17T15:30:47+00:00","article_modified_time":"2024-09-17T05:20:02+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#article","isPartOf":{"@id":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout","datePublished":"2024-09-17T15:30:47+00:00","dateModified":"2024-09-17T05:20:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/"},"wordCount":499,"publisher":{"@id":"https:\/\/www.shenyangcang.com\/#organization"},"image":{"@id":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#primaryimage"},"thumbnailUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024","keywords":["analyst","crypto","crypto analyst","crypto news","FLOKI","FLOKI crash","FLOKI news","FLOKI Price","FLOKIUSD","FLOKIUSDT"],"articleSection":["FLOKI"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.shenyangcang.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/","url":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/","name":"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout","isPartOf":{"@id":"https:\/\/www.shenyangcang.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#primaryimage"},"image":{"@id":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#primaryimage"},"thumbnailUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024","datePublished":"2024-09-17T15:30:47+00:00","dateModified":"2024-09-17T05:20:02+00:00","description":"After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments.","breadcrumb":{"@id":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#primaryimage","url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024","contentUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024","width":1792,"height":1024,"caption":"FLOKI"},{"@type":"BreadcrumbList","@id":"https:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.shenyangcang.com\/"},{"@type":"ListItem","position":2,"name":"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout"}]},{"@type":"WebSite","@id":"https:\/\/www.shenyangcang.com\/#website","url":"https:\/\/www.shenyangcang.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/www.shenyangcang.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.shenyangcang.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.shenyangcang.com\/#organization","name":"NewsBTC","url":"https:\/\/www.shenyangcang.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/www.shenyangcang.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.shenyangcang.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/www.shenyangcang.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout","url":"http:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.shenyangcang.com\/news\/floki\/shiba-inu-floki-54-breakout\/"},"thumbnailUrl":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024"},"articleSection":"FLOKI","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","floki","floki crash","floki news","floki price","flokiusd","flokiusdt"],"dateCreated":"2024-09-17T15:30:47Z","datePublished":"2024-09-17T15:30:47Z","dateModified":"2024-09-17T15:30:47Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Shiba Inu Competitor FLOKI Forms Falling Wedge That Could Trigger 54% Breakout\",\"url\":\"http:\\\/\\\/www.shenyangcang.com\\\/news\\\/floki\\\/shiba-inu-floki-54-breakout\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.shenyangcang.com\\\/news\\\/floki\\\/shiba-inu-floki-54-breakout\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/FLOKI.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/FLOKI.jpeg?fit=1792%2C1024\"},\"articleSection\":\"FLOKI\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.shenyangcang.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"floki\",\"floki crash\",\"floki news\",\"floki price\",\"flokiusd\",\"flokiusdt\"],\"dateCreated\":\"2024-09-17T15:30:47Z\",\"datePublished\":\"2024-09-17T15:30:47Z\",\"dateModified\":\"2024-09-17T15:30:47Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/shenyangcang.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.shenyangcang.com\/wp-content\/uploads\/2024\/09\/FLOKI.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts\/642462"}],"collection":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/comments?post=642462"}],"version-history":[{"count":1,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts\/642462\/revisions"}],"predecessor-version":[{"id":642470,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/posts\/642462\/revisions\/642470"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/media\/642467"}],"wp:attachment":[{"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/media?parent=642462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/categories?post=642462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.shenyangcang.com\/wp-json\/wp\/v2\/tags?post=642462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}