The current bull run witnesses a tussle between Shiba Inu (SHIB) and Floki Inu (FLOKI) with both the altcoins poised to lead the bull run with exponential gains.
The cryptocurrency market is experiencing a bull run, with several altcoins posting impressive gains and emerging as potential candidates to lead the rally. Among them, Shiba Inu (SHIB) and Floki Inu (FLOKI) have been subjects of close observation. Both coins are aiming to spearhead the bull run with exponential gains.
Shiba Inu (SHIB) has been a standout performer in the previous bull run, attracting massive attention and generating substantial gains for early investors. However, in the current market cycle, SHIB seems to be encountering difficulties in maintaining its momentum. As bears exert pressure on SHIB's price actions, the coin has slipped by over 3.03% on the daily charts, indicating a downturn in price.
In contrast, Floki Inu (FLOKI) is experiencing a surge in popularity among market experts, who are extending their support due to FLOKI's promising growth potential and advanced features. This support is evident in the coin's monthly gains, which currently stand at over 9.14%.
As FLOKI continues to gain traction and琬verseas increasing interest from analysts and investors, it is poised to make a strong bid to lead the bull run with its remarkable growth and expanding ecosystem.
In a surprising turn of events, Shiba Inu (SHIB) is facing a setback in the current bull run as bears are taking hold of the price actions. The Shiba Inu (SHIB) token has slumped by over 3.03% on the daily charts, showcasing the strength of the bears.
Analysts are pivoting towards Floki Inu (FLOKI) over Shiba Inu (SHIB) due to the latter's declining momentum. With a constant pull from the bears, the Shiba Inu (SHIB) price is expected to drop further. The market cap and 24-hour trading volume of Shiba Inu (SHIB) are also on a downtrend in this session.
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