FLOKI, one of the rivals of the popular meme coin Shiba Inu (SHIB), seems to have attracted the attention of the famous whale Kaleo. Meanwhile, an altcoin project is making a splash with its rise. Here are the details…
Kaleo mentioned SHIB and FLOKI
In the volatile world of cryptocurrency, trader and analyst Kaleo created ripples across the community with bold predictions for Shiba Inu (SHIB). Followed by over 605,700 crypto enthusiasts on X, Kaleo believes that SHIB is poised to post significant gains in the coming days.
I think by the time the candles reach the far right side of the screen, we’ll see some green candles hitting the green box pic.twitter.com/RLv3H2fDKj
— K A L E O (@CryptoKaleo) November 18, 2023
According to Kaleo, Shiba Inu’s recent breakout above a key horizontal resistance and subsequent successful retest as support is setting the stage for a significant uptrend. Chart analysis points to a potential upside for SHIB above $0.000015 in early December. As of the last update, SHIB is trading at $0.00000861, indicating a potential gain of over 74% if the meme coin reaches the target predicted by Kaleo.
FLOKI can rally
Kaleo isn’t just focused on SHIB; He also follows FLOKI closely. The analyst suggests that FLOKI could witness rallies if it manages to break a diagonal resistance around $0.00004. At the time of this writing, FLOKI was valued at $0.000032. From Kaleo’s perspective, Bitcoin (BTC) is experiencing a corrective phase aimed at shaking up speculators before rising to a new 2023 high. “We shake off the bulls in disbelief and trap a few more bears before we reach $40,000,” Kaleo says.
Picked up a small bag of $FLOKI as well. I want exposure to all of the dog coins, and think this one could get interesting if breaks this HTF resistance.
Long it with me here ➡️ https://t.co/32dHnZIFxS pic.twitter.com/CIclOHQ3GE
— K A L E O (@CryptoKaleo) November 17, 2023
Celestia in meteoric ascension
In the ever-evolving landscape of blockchain technology, Celestia (TIA) has emerged as a standout player. Billing itself as the “first modular blockchain network,” Celestia aims to empower developers to create blockchain-based applications for mass adoption. Since its launch in late October, Celestia’s native token, TIA, has surged a staggering nearly 200%. Currently ranked 59th by market cap, TIA is trading at $6.49, down from its initial price of $2.18 on October 31, when the network was successfully deployed to mainnet beta. TIA is up more than 10% in the last 24 hours and has grown over 111% in the last seven days.
Venture capitalist Chris Burniske, founder of Placeholder Capital, highlighted Celestia’s defining feature as “usability” in September. Described as “a new paradigm in Blockchain design,” the project’s approach to modular Blockchains emphasizes specialization and optimization for specific tasks. Leading exchanges such as Binance and Coinbase wasted no time in listing TIA for trading soon after its launch. Other major platforms such as OKX, Bybit, Gate.io, KuCoin, Kraken and Crypto.com have also followed suit, realizing the potential of Celestia’s innovative Blockchain network.
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