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welcome back to the channel guys today
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we're back with an updated price
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prediction for floky as always if you
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the rise of Bitcoin it's linked below
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grab it now while it's free and let's
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get into the video so it has been a few
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months since we executed a price
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prediction update for floi but when we
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did our previous price prediction video
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for floi um a few months ago you can see
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the prices for flaky were sitting at
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01189 very exciting updates on flaky
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because the price has more than doubled
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since we did our price prediction just a
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few months ago and when we were doing
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that price prediction again you can see
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the market cap at that time was at about
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.1 billion us right now as you can see
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we're up above $2.4 billion for the
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overall market cap of flaky token again
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Floy is one of the top leading meme
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coins in the entire crypto space it is
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it is the sixth largest meme coin by
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overall market cap followed swiftly up
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by Brett but
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0.255 the current price for flaky up 2%
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on the week with a market cap of 2.4
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billion the sixth largest crypto in the
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entire space and again guys when we're
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talking about meme coins you got to
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remember they are the ultimate vehicle
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of speculation but we were talking about
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this in the context of you know Elon
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Musk naming his dog flaky and all of the
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exciting stuff that happened over the
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past couple of years with the price
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action we were looking at um you know
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some of the comparisons that we were
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doing with Dogecoin and shibba enu from
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the previous cycle so again when we look
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at the data and break it down in the
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previous cycle in a market cap total
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crypto market cap where the overall
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market cap went to $ 2.93 trillion
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Dogecoin got up to a $75 billion overall
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market cap by its peak here in uh 20121
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and similar with shibba enu the second
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largest crypto by overall market cap in
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the 2021 cycle the market cap of
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shibainu went all the way up to
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43.5 billion US remember this cycle
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we're anticipating going much much
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higher in terms of overall crypto market
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cap if we look at the crypto market cap
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today we're actually above 3.3 trillion
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Us by now here at the end of November
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2024 so again jumping over here crypto
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market cap total crypto market cap 3.35
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trillion in the past few days we did
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actually just break above the total
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crypto market cap Peak from the 2021
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cycle so this $3 trillion level that we
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have marked on the chart here this level
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at $3 trillion this was the resistance
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level where we got all the way up to
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back in 2021 let's zoom in back in
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November 2021 total crypto market cap
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peaked up AT3 trillion us on November
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8th 2021 this level was serving as
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resistance for us here trying to break
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through it on the weekly and on The
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Daily for the past 7 to 10 days finally
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we broke Above This $3 trillion level
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and as that level was serving as a very
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strong resistance after we broke through
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it we went pretty rapidly from $3
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trillion to 3.3 trillion here in the
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space of just four to 5 days why am I
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saying all this well if the total crypto
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market cap could be peing up around 6 8
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or 10 trillion Us by the end of 2025 you
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know it's very interesting to think
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about where the price price of mem coins
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and their market caps could get to by
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the peak of the cycle so that's the
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point we were making when we revised
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flaky a few months ago we were saying
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that if Dogecoin can get to 75 billion
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and sheba can get to 44 billion in a
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market cap total where it went to 2.93
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trillion if the total crypto market cap
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is double or maybe even triple 2.9
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trillion versus 2021 then the price of
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these mcoin tokens could go very very
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high and their market caps could run
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much higher respectively as well it is
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worth noting though that there is a lot
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more meme coins on the market now than
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there were back in 2021 but we can see
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all of the top meme coins and Flaky is
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one of those top players in the entire
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mem coin space it has solidified itself
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as a front runner and as a crucial part
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of the entire mem coin ecosystem so
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again if we look at what's been going on
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pric is doubling in the matter of just a
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few months and we were up even higher
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even more recently if we zoom out here
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to the 1 month time frame you know we
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got as high as this
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02864 level just in the past few days
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we've retraced a little bit with the
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market cooling off and Bitcoin retesting
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this $100,000 level and you could argue
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that flaky is consolidating and getting
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ready for its next leg up so we are
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revising our price prediction we're
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making an updated price prediction for
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you last time we spoke we were talking
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about how FY could get up to these
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levels doing a 28x from the prices that
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we were talking about before it even
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doubled just more recently but we were
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saying that fi could get somewhere
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between a 21 billion and 32 billion
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overall market cap by the time it
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reaches the peak of the cycle now we are
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revising our price prediction upwards
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ever so slightly because fi has been
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performing well the entire Market is
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running higher and we do think that FY
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could get up slightly higher in terms of
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overall dominance and again just so we
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can anchor ourselves with dominance
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levels for where faky could get to again
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back in 2021 the market cap dominance of
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Dogecoin got all the way up to 4%
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Dogecoin was making up 4% of the entire
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crypto market cap when it reached its
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peak back in 2021 shibba enu got all the
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way up to a
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1.9% dominance percentage again we're
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not saying that flaki is going to get
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back to these kind of dominance levels
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but even if fi does a quarter of the
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dominance level that Sheba got to it
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does paint a picture for some very very
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interesting price action so that's what
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we're going to be looking at below but
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just comparative comparatively going
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back to 2021 flaky was um you know sorry
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Dogecoin and Shinu were getting up to
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very interesting levels faki was at a
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0.6% dominance level the last time we
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made this video and very interestingly
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since we made our previous video faki
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has now increased ever so slightly to a
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0.07% market dominance level with that
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market cap of 2.4 billion against the
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3.3 B trillion overall market cap where
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we're standing today so without further
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Ado let's take a look at our updated
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flaky price prediction as always we're
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going to give you a bare case base case
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and bull case scenario in the bare case
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what we're saying is the total crypto
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market cap could Peak around4 trillion
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US dollars if flaking can get up to a
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35% dominance level remember that's no
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easy feat that's going to be 5 Xing its
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dominance from today's levels but that
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would give us a $14 billion market cap
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for flaky and dividing that by the
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amount of flaky tokens in circulation
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would bring us out to a
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01458 US price for flaky which is about
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a 6X from today's prices okay next up
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we've got our base case scenario and in
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the base case what we're saying is the
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total crypto market cap could Peak up
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around 6 trillion us if flaky can get up
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to a 4% dominance level that's going to
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give us a $24 billion overall market cap
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once again dividing that by 9.6 trillion
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flaky tokens gives us a price target of
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0.0025 us and that is a 10x from today's
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prices again we're currently sitting
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here at 025
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getting up to 025 would give us that
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10x finally last but not least in our
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most bullish case scenario what we're
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saying is the total crypto market cap
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could Peak around 8 trillion us if FY
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can get all the way up to a
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0.45% dominance level that's going to
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give us a market cap total for flaky
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around 36 billion us again dividing it
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by 9.6 trillion flaky Tok tokens gives
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us a price Target around
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.375 which is a 15x from today's current
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prices and still less than a quarter of
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the dominance percentage that shibba enu
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got to at the peak of the
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2021 cycle so again
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045 is still less 45% is still less than
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a quarter of the dominance level that
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shib Inu got to at the peak of the 2021
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cycle will we get all the way up to
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those levels I'm not sure it would be
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very very bullish if we did could we get
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up to a $24 billion market cap for flaky
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I think it's very possible it's still
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the sixth largest crypto by overall
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market cap it's a very big Contender
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it's got a cult following people are
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promoting it they've got huge content
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and if we see a blowoff top on the
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market we could definitely be getting up
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to these base case levels and maybe even
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Beyond moving towards our bullish case
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price prediction
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