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Floki price is up slightly in the last 24 hours and 14% in the last week. Trading at $0.0001527 As of 00:41 AM ET, trading volume was down 11% to $791 million.
According to IntoTheBlock’s on-chain metrics, the number of holders at the current price of the meme coin has increased by 75%.
Floki price will continue to rise
Floki price has been on a steady rise in the past week, with FLOKI rising from the $0.00012 level, but bulls were unable to break through $0.000160, according to data from Gecko Terminal.
The price action in the past seven days has formed an ascending triangle pattern where bulls are aiming to maintain the bullish position above the triangle.
Floki The stock is now trading above the 50 and 200 simple moving averages (SMA) on the 4-hour chart, confirming the current uptrend.
The Relative Strength Index (RSI) is also trading in balance at 52 and could continue to rise.
If the bulls’ momentum peaks at this level, FLOKI could rally above the mentioned triangle pattern and target $0.000180. The 50-day SMA recently crossed above the 200-day SMA, forming a golden cross at $0.0001389, increasing the upside potential.
Conversely, if the price corrects at this level, Floki The price may drop again to 0.0001372 (200 SMA).
As FLOKI bulls look for buy signals to push the token higher, other investors are rushing to buy into the new Olympic-themed meme coin, Meme Games (MGMES)which has already raised over $401,000 in its ongoing pre-sales.
According to 99Bitcoins, a prominent YouTube channel with over 706,000 subscribers, MGMES could surge 100x after its launch.
Meme Games’ ICO Raised Over $401K, Heading Towards $500K
The Meme Games is an innovative meme token project that brings together popular crypto meme characters. This unique concept rewards pre-sale buyers with token rewards for winning virtual races, adding a competitive element to the mix.
Meme Games features five pioneering meme coin projects in a new, fun and profitable buy-and-play format. Following the Olympics, the project aims to capitalize on the hype surrounding the Paralympics that kicked off in Paris today.
Breaking news about cryptocurrencies
Meme Games raised over $100,000 in the first 24 hours of its presale, drawing attention in the booming memecoin sector. #Partner Content Visit us @ https://t.co/8dh137buUp pic.twitter.com/YwzyP2glE4— InnovatekMobile (@Neome_com) July 17, 2024
The coins participating in the meme games are Dogecoin (DOGE), Pepe (PEPE), DogWifHat (WIF), Brett (BRETT), and Turbo (TURBO).
Token holders can earn passively from the project participation mechanism as well through: Buy and Deposit MGMES For an impressive annualized return (APY) of 479%.
You can buy MGMES tokens for $0.00935 each. However, you may want to buy soon to get the best deal, as the price increase will occur in about two days.
Buy MGMES from the official website here Using ETH, BNB, USDT, or bank card.
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