As we approach the last weekend of the year, BTC hovers around $94,584. While altcoins haven’t experienced as significant a decline, the drop from $108,000 has erased substantial gains over time. What predictions can we make for PEPE, BONK, and FLOKI Coin?
Insights on PEPE Coin
Ethereum’s price recently set a new all-time high, which was expected to positively impact PEPE Coin as one of the most popular meme coins. However, Ethereum 
$3,334 did not perform as anticipated.
The support level for PEPE Coin remains at $0.00001682. However, following consecutive tests between December 20-23, the risk of weakening support is present. This implies that in the event of excessive selling, the price could test $0.00001422. If BTC enters the weekend negatively, we might see deeper lows in altcoins.
Analysis of BONK and FLOKI Coins
BONK Coin is also struggling to maintain support at $0.0000299. Should it falter, the October level of $0.00002522 may be tested. Considering BTC’s fight to hold the $94,000 mark, we might witness ongoing consolidation rather than a deeper drop.
FLOKI Coin has been receiving professional marketing and advertising support, a strategy they announced years ago. Are they seeing benefits from this? From launching their own RWA initiatives to various advertising sponsorships, they have taken many steps to increase visibility.
In bull markets, this effort can yield positive results. For instance, their latest announcements involve new advertising deals aimed at reaching millions. Has it affected the price? While it has limited declines, it hasn’t spurred any rise. In the event of an upward movement this weekend, closing above $0.00018742 could allow a test of $0.00021118.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
