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Floki Inu Moment Of Glory: Analysts Forecast Explosive 200% Rally

Floki Inu (FLOKI), the meme coin inspired by Elon Musk’s Shiba Inu pup, is barking up a storm, with analysts predicting a potential price surge of 120% to a whopping 200% in the coming months. This comes amidst a period of impressive performance for FLOKI, defying a sluggish overall market.

Floki Inu Soars Against The Tide

While the cryptocurrency market has faced turbulence recently, FLOKI has been charting its own course. Over the past month, the meme coin has skyrocketed by 40%, showcasing resilience and defying the broader market sentiment. This bullish run continued in the last 24 hours, with FLOKI registering a further 18% increase in price.

Technicals Flash Green: Bullish Pennant Hints At Breakout

Adding fuel to the fire are technical indicators. Keen-eyed analysts have spotted a bullish pennant formation on FLOKI’s charts, a technical pattern that often precedes a significant price breakout. This pattern typically emerges after a period of consolidation, suggesting a potential surge in price once the pennant breaks.

Analysts In Chorus: FLOKI Primed For Liftoff

Multiple analysts have stepped forward to lend credence to the bullish outlook for FLOKI. Captain Faibik, a respected analyst in the crypto space, has meticulously combed through FLOKI’s charts and identified the bullish pennant formation on the daily timeframe. Faibik anticipates a robust bullish rally in the medium term, projecting gains of approximately 180-200%.

Another analyst, known by the moniker World Of Charts, echoes Faibik’s sentiment. They too have observed a bullish breakout from a pennant formation, albeit on the 12-hour timeframe chart.

World Of Charts predicts a substantial uptrend, estimating gains between 120-130% after a successful breakout. This consistency in analysis from various experts underscores the growing confidence in FLOKI’s potential for significant upside.

FLOKI’s Future: A Meme Coin With Momentum?

FLOKI’s recent performance and the backing of prominent analysts have undoubtedly captured the attention of investors. Whether FLOKI can translate this hype into a sustained price increase will be a story to watch in the coming weeks.

Featured image from Beautifulbeasts.com, chart from TradingView

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Analysts Bullish On FLOKI As Price Surges 9.8%, New ATH Soon?

Floki Inu (FLOKI) performed stellarly this month, with crypto analysts and traders forecasting bullish moves for the token. As the crypto market recovers from its slowdown, with Bitcoin (BTC) leading the way, the dog-themed token appears to be preparing to take off.

Analysts Share Bullish Forecasts For FLOKI’s Future

Two weeks ago, analysts considered that FLOKI was showing a strong performance amid the crypto market slowdown. The token, which has been on an upward trajectory since the end of February, “held up nicely” at the time.

While most of the market registered considerable dips, FLOKI was one of the tokens “consolidating before another expansion.” Halfway through the month, the Viking dog-themed cryptocurrency had shown a 337% growth since March 1st, after hovering between $0.000028-$0.000039 for the first two months of 2024.

Now that March is near its end, FLOKI exhibits a staggering 428.3% increase in the last 30 days. This performance didn’t go unnoticed by crypto analysts, who forecast new heights for the token.

MacroCRG, a crypto trader and market analyst, shared his thoughts on the token’s price. The analyst considers that beyond FLOKI’s impressive performance throughout the month, it was “showing strength on LTF’s too.”

In the post’s chart, the trader highlighted the performance since Monday, pointing out the token’s support zone above the $0.00022 price range. According to MacroCRG, “as long as this recent low holds, fresh highs soon.”

Similarly to MacroCRG, analyst Crypto Kaleo drew attention to the dog-themed token’s LFT, claiming it looks like it’s “starting to send.”

In his posts, Kaleo suggested to his followers “not to sleep on FLOKI here.” According to the analyst, the token won’t be “lagging behind ATH resistance too much longer.”  He concluded that sooner rather than later, FLOKI could make new heights “like the DOGE chart.”

Lastly, crypto analyst The CryptoBull shared his bullish prediction about the token, suggesting it is going through a “beautiful re-accumulation phase.” Additionally, the analyst stated he noticed a shift in interest for the dog-themed memecoin, as “crypto is very momentum driven.”

FLOKI Price Action

As of this writing, FLOKI has surged 7.7 % in the past hour, with the price briefly surpassing the $0.000260 mark before retracing to the $0.000255 level.

In the last 24 hours, the token has increased 9.8%, trading at $0.0002554. Despite the remarkable long-term performance and the recent surge, the token is still registering a 10.6% correction from its performance in the biweekly timeframe.

Its market capitalization rose to $2.39 billion, an 8.4% surge in the past day. By this metric, FLOKI is the fifth largest memecoin and the 56th largest cryptocurrency, according to CoinMarketCap data.

Moreover, the daily trading volume suggests that the token has recently experienced a surge in market activity. It has increased 56.6% from the day before, with $690.6 million traded.

FLOKI, FLOKIUSDT, Crypto

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Floki Inu Roadmap Reveals Plans For Regulated Bank Accounts, FLOKI Faces 17% Downtrend

The development team behind the dog-themed meme coin Floki Inu has unveiled its highly anticipated roadmap for 2024, revealing several upcoming features and utility-focused initiatives. 

Notable highlights include the launch of regulated digital banking accounts, integration with the Venus decentralized finance (DeFi) protocol, the Floki debit card’s introduction, and the Valhalla mainnet’s upcoming release.

Floki Inu Aims To ‘Bank The Unbanked’

Floki Inu plans to introduce regulated digital banking accounts, enabling users to create and fund bank accounts using FLOKI tokens. 

In partnership with an unnamed licensed fintech company operating in key jurisdictions such as Canada, Spain, Dominica, Australia, and the UAE, these accounts will support SWIFT payments and SEPA IBANs. 

In addition, the upcoming launch of Floki Debit Cards will allow users to link their digital bank accounts to debit cards, providing a convenient and secure way to spend their FLOKI tokens in traditional currencies such as Euro (EUR) and US dollars (USD). 

According to the proposal, the initiative aims to “bank the unbanked” by enabling a broader user base to access traditional banking services using their FLOKI tokens while increasing the utility and adoption of cryptocurrency.

Pending governance approval, Floki Inu also seeks to list its native token, FLOKI, on the Venus Core Pool. This integration aims to unlock deeper liquidity, comparable to established blue-chip cryptocurrencies and allow FLOKI holders to use their tokens as collateral to borrow various assets such as Maker (DAI), Circle’s USDC stablecoin, Binance Coin (BNB) and Ethereum (ETH). 

By integrating Venus Markets directly into Floki’s user interface (UI), the protocol states that users will have frictionless access to the liquidity provided by the platform, further integrating Floki into the decentralized finance ecosystem.

FLOKI-Powered Trading Bot And Valhalla Mainnet Launch

Floki Inu plans to introduce a cross-chain Telegram and Discord trading bot powered by the FLOKI token. This bot will allow users to buy and sell cryptocurrencies on leading blockchain networks. Specifically, 50% of the fees generated will be used to buy and burn FLOKI tokens, increasing their utility and contributing to a deflationary mechanism. 

Finally, the highly anticipated mainnet release of Valhalla, Floki Inu’s flagship utility and metaverse game, will occur. Valhalla on the Mainnet will feature on-chain game mechanics, a PlayToEarn economy, upgradeable NFTs, and an open-world experience. 

Floki Inu

As of this writing, the FLOKI token has experienced a correction of over 17% in the past seven days, aligning with the overall market trend. This correction has resulted in the current trading price of $0.0002295 for the FLOKI token.

Despite the recent downtrend, it is worth noting that FLOKI has still achieved a remarkable year-to-date gain of 440%. This substantial increase in value has propelled the token’s market capitalization to $2 billion, solidifying its position at the 59th spot among the top 100 cryptocurrencies in the market.

Featured image from Shutterstock, chart from TradingView.com

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FLOKI Skyrockets To New All-Time High, Soaring 60% Following Two Major Listings

Web3 project and meme coin Floki Inu (FLOKI) has garnered significant attention in the cryptocurrency market. It has witnessed an impressive uptrend of over 630% in the past 30 days alone. As a result, it has soared to the 64th position in market capitalization, surpassing $2 billion.

This surge in price comes as notable digital asset firms, including DWF Labs, have recognized FLOKI as a potential long-term investment, resulting in a $10 million purchase plan. This move pushed FLOKI to a 9-month high of $0.00005097 on February 27th.

However, the cryptocurrency’s popularity has spread to other jurisdictions, and it recently hit an all-time high (ATH), trading at $0.0002043, coupled with a 58% uptrend in the past 24 hours. 

FLOKI Targets New Asian And Middle Eastern Investors

Coinhako, a regulated crypto exchange in Singapore under the Monetary Authority of Singapore (MAS), has endorsed FLOKI by listing the token among its tradable cryptocurrencies. In an official announcement, Coinhako stated, “The people’s cryptocurrency has reached Coinhako’s shores and is available to trade.”

The Floki Inu team expressed their excitement about the listing, highlighting that crypto users in Singapore can now buy FLOKI with SGD and USD on a regulated exchange. They believe this listing is a significant milestone that will accelerate Floki’s vision to become the world’s most recognized and widely used cryptocurrency.

In addition, the Floki Inu team has announced that the meme coin has been successfully listed on CoinMENA, one of the prominent crypto exchanges catering to retail and institutional clients in the Middle East.

CoinMENA is a licensed and regulated entity by the Central Bank of Bahrain and the Virtual Asset Regulatory Authority in Dubai, which aims to ensure a safe and compliant trading environment for investors. The team behind the project commented on the matter:

This is a MAJOR listing for Floki adoption and our goal to become the world’s most known and most used cryptocurrency as it introduces Floki to key and affluent players in the Middle East and Arab regions.

Massive Exposure In Times Square

The Floki Inu team has launched an “aggressive” marketing campaign to drive adoption further and attract additional investments. Starting from March 15th and lasting for three months, Floki will be featured prominently on a massive double-sided HD LED screen in Times Square Plaza, New York. 

This digital exhibition, located beside the Nasdaq billboard, will showcase a ten-second advertisement for Floki at least four times per hour, airing for 20 hours a day over 93 days. 

This campaign will deliver a minimum of 7,440 ten-second spots, taking advantage of Times Square’s daily foot traffic of 330,000 visitors and an annual influx of 50 million people. 

According to the announcement, the goal is to solidify Floki’s association with meme coins in people’s minds and take advantage of what the team expects to be the most “explosive bull run” in the crypto market.

FLOKI

Featured image from Shutterstock, chart from TradingView.com 

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FLOKI Skyrockets 32% Higher Following DWF Labs’ $10 Million Acquisition Plan

In a significant development for the Floki Inu memecoin, digital asset market maker investment firm DWF Labs has revealed its plans to purchase $10 million worth of FLOKI tokens. The announcement has triggered a remarkable surge in the token’s price, propelling it to a new 9-month high at $0.00005097.

DWF Labs Strengthens Partnership With Floki Inu

According to the official statement, DWF Labs will acquire the tokens directly from the Floki treasury over two years, reflecting DWF Labs’ commitment to support the protocol’s ecosystem. 

As announced, the firm recognizes the potential for an “explosive” bull run in the cryptocurrency industry and aims to leverage FLOKI’s utility and marketing strength to capitalize on this opportunity.

The partnership between Floki and DWF Labs was initially established in May 2023, when DWF Labs purchased $5 million worth of FLOKI tokens. Since then, DWF Labs has played a pivotal role in boosting FLOKI adoption. 

Through the partnership, DFW Labs reportedly facilitated key exchange listings, introduced Floki to influential industry projects, and publicly championed the token’s progress and achievements. DFW Labs concluded in the announcement:

This massive FLOKI token purchase will further deepen our relationship with DWF Labs while strategically positioning FLOKI for dominance in an increasingly competitive landscape during this bull run

Price Soars, TVL Rises, And Chinese TV Exposure

Exciting developments continue for FLOKI as it gains significant exposure on China’s national sports TV channels, CCTV5 and CCTV5+. This exposure results from a strategic market partnership announced in 2023, which took place during the ITTF World Team Table Tennis Championships Finals in Busan 2024.

According to the memecoin development team, this opportunity to be featured on mainstream Chinese television has introduced Floki and its sister asset, TokenFi (TOKEN), to an extensive audience of over 340 million people and solidified their presence in the Chinese market.

The Floki Inu team expressed their excitement about this milestone, emphasizing that being featured on mainstream Chinese television is remarkable, making them among the very few cryptocurrencies to receive such recognition.

Another achievement for Floki Inu is the success of their FlokiFi Locker, a decentralized finance (DeFi) crypto locker protocol. The team announced that the Total Value Locked (TVL) in the FlokiFi Locker had reached an all-time high of $111 million, setting a new record and highlighting the widespread adoption of the token’s utility products.

In addition, the team announced that the total value locked for staked FLOKI tokens has reached an all-time high of $105 million. This represents 25% of the token’s supply, with $105,313,899 worth of tokens locked and staked for up to 4 years.

This position of dominance in staking distinguishes the dog-themed token from other major “memecoins” such as DogeCoin (DOGE), Shiba Inu (SHIB), BONK, and PEPE, as FLOKI has the largest share of its supply staked among them.

FLOKI

The memcoin token is trading at $0.00004080, maintaining its gains with a surge of over 32% in the last 24 hours. As a result, the market capitalization has jumped to nearly $500 million, reaching $475 million, according to the latest update.

Additionally, the trading volume for FLOKI has significantly increased, reaching $204 million in the past 24 hours.

Featured image from Shutterstock, chart from TradingView.com

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Floki Inu (FLOKI) Claps Back: Counters Bitget’s Claim Of Breaching 7-Day Listing Deadline

Recently, the cryptocurrency community has witnessed a heated dispute between the protocol Floki Inu (FLOKI) and the crypto exchange Bitget. 

The controversy arose following Bitget’s listing of TokenFi (TOKEN) and subsequent accusations of market manipulation, unauthorized listing, and insufficient solvency.

Bitget Faces Allegations Of Market Manipulation

On October 27, 2023, Bitget announced the listing of TokenFi (TOKEN) in the Innovation Zone of its Spot market. Shortly after the trading service for TokenFi commenced, significant price fluctuations were observed, prompting suspicions of market manipulation. 

Concerns were further raised when it was discovered that TokenFi’s project team had contributed less than $2,000 worth of tokens to the liquidity pool of decentralized exchanges (DEXes), suggesting potential manipulation of initial liquidity.

Moreover, an investigation of the TokenFi project uncovered additional issues, including an “opaque” token economy and an unclear vesting schedule. 

In light of these findings and to safeguard their users, Bitget decided to delist TokenFi (TOKEN) and initiated a buyback plan for users who held the token on its platform.

Floki Inu, responded strongly to the exchange’s actions, alleging that Bitget had violated their agreement not to list TOKEN until seven days after its launch. 

The meme coin protocol claimed to have had conversations with “several Tier 1 exchanges” and respected parties in the cryptocurrency industry. While these exchanges had expressed interest in listing TOKEN earlier, they agreed to honor Floki Inu’s request to wait for the stipulated period. 

However, Bitget, which, according to Floki Inu, was “the smallest exchange” among those involved, allegedly announced the listing of a fake version of the TOKEN token just 12 minutes before the official launch on the blockchain.

Floki Inu further asserted that Bitget had engaged in “deceptive trading practices,” manipulating TOKEN’s volume without evidence of holding the actual tokens. 

The protocol alleges that Bitget’s initial announcement had even stated that withdrawals would open 24 hours after trading began, potentially indicating an attempt to manipulate the token’s price. However, the market response did not align with Bitget’s expectations, resulting in a significant financial loss.

The situation escalated when users began reporting difficulties in withdrawing TOKEN from Bitget’s platform, with some users allegedly being banned for complaints. Floki Inu claimed to have contacted Bitget to address the issue, but the response was unsatisfactory, including a request to report liquidity issues to Bitget’s support team.

Floki Inu Alleges Bad Faith

Following subsequent discussions between Floki Inu and Bitget, it was revealed that Bitget required up to 1 billion TokenFi tokens to meet user withdrawal demands and cover their financial deficit. According to Floki’s response, this amounted to approximately 10% of TokenFi’s total supply, equivalent to around $20 million at the time of Bidget’s statement.

Furthermore, the protocol accused Bitget of acting in “bad faith” and attempting to resolve the situation through an over-the-counter (OTC) deal at a deeply discounted rate. 

The proposed discount of 90% from the market price raised concerns, as it was argued that Bitget should bear the responsibility for its actions and the resulting financial shortfall.

In response to Bitget’s announcement of delisting TokenFi and accusations of market manipulation, Floki Inu disputed the claims made by Bitget. They asserted that Bitget had listed the token against their explicit instructions and falsely accused the Floki Inu team of price manipulation. 

Floki also challenged Bitget to provide verifiable evidence of their TOKEN and FLOKI holdings, expressing concerns about Bitget’s overall solvency and risk management practices.

Ultimately, the protocol cautioned its users against trading or holding FLOKI on Bitget, citing the “troubling patterns” witnessed during the TokenFi incident. As the situation develops, the cryptocurrency community awaits further clarification and resolution regarding the allegations and the impact on affected users.

Floki Inu

Given these developments,  FLOKI has experienced a retracement of over 9% in the past 24 hours and is currently trading at $0.00003250. Nonetheless, the token has seen an impressive 85% increase over the past fourteen days. 

Featured image from Shutterstock, chart from TradingView.com

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FLOKI Outmuscles Top 100 Cryptos With 134% Price Explosion – Details

FLOKI, in the dynamic and continually evolving world of cryptocurrency, stands as a noteworthy contender, demanding serious consideration within the distinctive and inherently speculative market of meme coins.

FLOKI, a cryptocurrency that draws inspiration from Elon Musk and derives its name from his Shiba Inu companion Floki, has exhibited a notable surge in value, with a 26% price appreciation observed over the course of the past 24 hours.

At the time of writing, FLOKI was trading at $0.000038, and registered a commanding 134% increase in the last seven days, surpassing today’s top 100 roster of cryptocurrencies, according to data by crypto market tracker Coingecko.

The recent increase in value aligns with the forthcoming introduction of FLOKI’s eagerly awaited staking initiative scheduled for October 27, 2023.

The Role Of Staking In Cryptocurrency

Many people in the cryptocurrency industry and among FLOKI’s investment base are looking forward to the next staking project.

Staking is a key component of blockchain technology, enabling cryptocurrency holders to support network security and maintenance while earning rewards by locking up their assets.

This active participation benefits both the blockchain’s stability and stakers, who receive passive income in the form of new tokens or transaction fees. Staking encourages long-term commitment and community engagement in the cryptocurrency space.

FLOKI’s recent 26% single-day price spike enabled the meme coin to tally a high not seen in several months and entering a price range between $0.00003235 and $0.00003500.

To keep this positive trend going, the meme coin needs to surpass the $0.00003368 mark. If it manages to do so, it might continue climbing and reach the $0.00003501 mark, or in a very optimistic scenario, even go up to $0.00004000.

The Hype Around FLOKI Staking Launch

The staking launch offers FLOKI holders an opportunity to accrue further FLOKI incentives solely by retaining ownership of the token. It is not surprising that FLOKI prices have experienced a significant increase in value due to the anticipation around its upcoming introduction.

The forthcoming launch event will additionally provide pertinent information regarding its affiliated digital asset, TokenFi, denoted by the ticker symbol $TOKEN. Consequently, this development is expected to generate significant anticipation for the aforementioned meme token, leading to a substantial increase in its market value.

Meanwhile, Coincodex forecasts that by October 27 the price of Floki Inu will have dropped by 7.26 percent, to USD 0.00002352. The Fear & Greed index is currently at 53, which is neutral despite the bullish signals from the technical indicators.

Based on Floki Inu’s past price patterns, we can estimate that it will be worth as little as 0.00002205 USD in 2024, and as much as 0.00005826 USD in 2025.

(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).

Featured image from Shutterstock

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Floki Inu: Does Meme Coin Have What It Takes To Re-Enter Top 100 Spot?

Floki Inu (FLOKI) entered the crypto landscape with a wave of enthusiasm, riding on the coattails of the meme coin trend that gained momentum through the success of Dogecoin. Its charismatic Shiba Inu mascot and an active community on social media platforms quickly attracted a dedicated following. 

Floki Inu’s journey, however, has not been without its fair share of ups and downs.

As the crypto market is known for its volatility, the question arises: Can Floki Inu rally strong enough to regain its coveted spot among the top 100 cryptocurrencies?

Floki Inu Market Cap And Growth Analysis

Floki Inu (FLOKI), despite previously achieving a significant rally that propelled it into the top 100 cryptocurrencies by market capitalization, has recently lost its position among the elite. Currently, FLOKI holds the 121st spot with a market capitalization of $332,037,915.

Within the vast cryptocurrency market, Floki Inu (FLOKI) is currently priced at a modest $0.00003367, as per CoinGecko. Over the past 24 hours, the token experienced a slight 2.8% increase. However, it managed to tally a decent 8.8% over the past seven days. The coin is down 6.7% in the last two weeks.

Despite being introduced in 2021, Floki Inu has not achieved the same extraordinary level of success as renowned meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB). However, it would be unjust to characterize FLOKI’s growth as disappointing. Since its launch, the token has experienced an impressive surge of 656.12%, illustrating its capacity for generating substantial returns.

Potential Catalysts For Floki Inu’s Re-entry To Top 100

A pivotal factor in Floki Inu’s quest to reclaim its position among the top 100 cryptocurrencies is the cultivation of a more robust and engaged community. By fostering active participation, encouraging community-driven initiatives, and maintaining transparency through regular updates on the project’s development, FLOKI can significantly enhance its appeal to investors and crypto enthusiasts.

Floki Inu also holds strong potential in the realm of non-fungible tokens (NFTs). Notably, the trade volume associated with FLOKI’s NFTs has achieved remarkable milestones, reaching millions of dollars. 

According to on-chain data, FLOKI’s total NFT volume surged to an impressive $16.25 million in April, illustrating the significant interest in non-fungible assets linked to the Floki Inu network.

To regain its standing, Floki Inu must prioritize the enhancement of its token’s utility and innovative capabilities. By actively developing real-world use cases and forging strategic partnerships with businesses and platforms, FLOKI can establish a more solid foundation for long-term growth. This focus on utility will not only attract more users but also contribute to the token’s broader adoption and increased market capitalization.

-Featured image from Science Photo Library

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Floki Inu Scores Big With 3 New Exchange Listings, Price Spurts 10%

Floki Inu (FLOKI), the meme-inspired cryptocurrency named after the beloved dog of Elon Musk, has recently achieved a significant milestone with the announcement of three new exchange listings. 

The news has caused a surge in its price – a decent 14-day hike of nearly 10%. This marks a major victory for Floki Inu, which has been steadily gaining traction in the crypto community. 

With the new exchange listings, the cryptocurrency is poised for further growth and could potentially become a major player in the world of digital currencies.

Coins.ph Welcomes Floki Inu: Expanding Reach In The Philippines

One of the major listings for Floki Inu is on Coins.ph, the largest and most reputable cryptocurrency exchange in the Philippines. Users can now conveniently trade Floki Inu directly with the Philippine Peso (PHP) on Coins.ph’s trading platform, Coins Pro. 

This integration not only introduces Floki Inu to a vast user base but also establishes a more direct and seamless trading experience for Philippine crypto enthusiasts.

ABX Spot Market Listing: Floki Ventures Into The UAE Market

Floki Inu’s reach extends further as it secures a listing on the ABX spot market in the United Arab Emirates (UAE). The trading pair of FLOKI/USDT is now available on the ABX platform, enabling users to make deposits, engage in trading activities, and perform withdrawals. 

This move allows Floki Inu to tap into the thriving crypto market in the UAE, expanding its presence and fostering opportunities for growth in the Middle East.

Hotcoin Listing Boosts Floki Inu’s Visibility in Australia

Another significant listing for Floki Inu takes place on Hotcoin, an Australian-based cryptocurrency exchange. The FLOKI/USDT trading pair has been added to the Hotcoin platform, with trading set to commence on a specified date and time. 

Hotcoin enjoys popularity among more than 5 million users, and Floki Inu’s listing on this exchange is anticipated to enhance its visibility and attract a broader investor base within Australia’s crypto community.

Floki Inu’s Momentum Grows Following Initial Binance Listing

It is worth noting that Floki Inu’s visibility and traction have been steadily increasing following its listing on Binance, a renowned global cryptocurrency exchange. This listing on one of the most prominent exchanges in the industry has contributed to Floki Inu’s rising popularity and garnered attention from crypto enthusiasts worldwide.

The recent listings of Floki Inu on Coins.ph, ABX spot market, and Hotcoin have not only expanded the reach of the meme-inspired cryptocurrency but have also had a positive impact on its performance. 

In the past 24 hours, Floki Inu has recorded a 1.8% rally via CoinGecko, indicating a bullish sentiment among investors and traders. Over the past seven days, Floki Inu’s price has climbed by 1.5%, further solidifying its upward trend. 

Floki Inu’s 14-day performance is particularly impressive, with an increase of 9.7% recorded within this timeframe. This climb reflects the growing interest in the cryptocurrency as more investors and traders discover its potential for growth.

-Featured image from CoinCu

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Will Listing Of Floki Inu On Brazil’s Largest Exchange Boost Meme Coin’s Price?

Floki Inu (FLOKI) has been listed on Mercado Bitcoin, the largest and most respected cryptocurrency exchange in Brazil. This move has sparked much excitement and speculation among cryptocurrency enthusiasts, especially those who have invested in the meme coin.

The question on everyone’s mind is how this listing has impacted the price of Floki Inu. Given the size and reputation of Mercado Bitcoin, it’s not surprising that many are predicting a significant boost in the coin’s value. 

However, as with any investment, there are no guarantees, and it remains to be seen how the market will react to this news. Let’s delve deeper into the implications of Floki Inu’s listing on Mercado Bitcoin and examine the factors that may influence its future price movements.

Floki Inu Goes To Brazil

Since its launch in June 2021, Floki Inu has gained a substantial following and become a favorite among meme coin enthusiasts. Its popularity has been fueled by Elon Musk’s tweets, which have often featured his Shiba Inu dog, Floki. 

While the coin’s value initially experienced some turbulence, it has since stabilized, and many believe that it has the potential for significant growth in the future.

The listing on Mercado Bitcoin is a significant milestone for Floki Inu as it opens up a new market and brings the coin to a wider audience. Mercado Bitcoin is the largest cryptocurrency exchange in Brazil and is known for its stringent listing requirements and high trading volume. 

Price Movement Following Mercado Bitcoin Listing

After a turbulent period, the price of Floki Inu on CoinGecko currently stands at $0.00003512, with a 4.6% increase in the past 24 hours. However, the coin has experienced a decline of 21% over the past seven days.

The exchange’s decision to list Floki Inu is a testament to the coin’s legitimacy and potential. Moreover, it provides a level of credibility that could help increase investor confidence in the coin

The coin’s performance has been mixed since its listing, and the price movement has been somewhat unpredictable. Despite this, there have been some positive signs, as the coin has maintained a 3.4% increase over the past 30 days.

 

It remains to be seen how the market will react in the coming weeks and months, and whether Floki Inu will experience sustained growth or continue to see volatility.

FLOKI’s listing on Mercado Bitcoin represents a significant milestone for the coin, and many investors remain optimistic about its long-term potential.

-Featured image from StormGain

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Floki Inu Rallies 40% In 24 Hours: Here’s Why

We’re officially in the meme coin season as Floki Inu becomes the latest meme-based token to experience a significant price pump. The cryptocurrency inspired by Elon Musk’s Shiba Inu pup has long been considered as the next big memecoin and it appears to be living up to its hype.  Floki Inu is currently up 40% in the past 24 hours and is the second-best performing crypto-asset during this period after the fast-rising Pepe token. 

Floki Inu Benefiting From High-Profile Listings

This latest price surge can be linked to a series of high-profile listings by exchanges in recent days. Bitfinex was the first to announce the listing of Floki on May 3rd in a move that came out of the blue and surprised many in the crypto community.  This was followed by Binance, the largest exchange in the world, disclosing on May 5th that it would be listing Floki alongside Pepe in its innovation zone, with users able to deposit as of May 5th. 

The exchange further noted that it would begin trading the tokens on May 6th across four pairs: PEPE/USDT, PEPE/TUSDT, FLOKI/USDT, and FLOKI/TUSD. Binance also intends to permit borrowing on both assets and plans to add new margin pairs for FLOKI and PEPE on Isolated Margin in the next 48 hours. The Isolated Margin pairs include FLOKI/USDT and PEPE/USDT.

Floki Inu Priced Spiked as high as 60% following Binance listing: source @Tradingview

News of this listing caused significant excitement to the crypto community, which led to a positive market movement for both assets. PEPE achieved a new market high of $0.0000028, surpassing the $1 billion market cap, while FLOKI also increased by 60% within a few hours.  During this period, Floki Inu has experienced increased trading volume as many investors look to purchase the token in anticipation of a bull run. The recent bull-run of PEPE, which has risen by 11,000% in less than a month, has spurred the hype for memecoins and Floki Inu appears to be the major beneficiary. 

Related Reading: Former DoJ Kennedy Jr, Laments on Global Financial Censorship, Shows Support For Bitcoin

What’s Next For Floki Inu?

Floki Inu has gained a substantial following as a community-driven cryptocurrency that is looking to adopt a unique approach to decentralization. Its low transaction fees and suite of products, including an NFT metaverse game, the FlokiFi Defi ecosystem, the Floki University, and the NFT marketplace, have placed it high among crypto enthusiasts. In addition, the Floki team has always positioned the project as community-first and has made high-profile partnerships with sports clubs to gain adoption among mainstream crypto users. 

Related Reading: BRC-20 Token Standard A Hotspot For New Memecoins As PEPE Soars

This latest price surge is expected to bring about renewed interest in the token that appeared to have stalled in recent months. It will be intriguing to see where this coin ends as the trend persists. Since Binance has already demonstrated support by listing it in the innovation zone, it won’t be long before other exchanges follow suit.

Featured Image From Zipmex, Charts From Tradingview

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Floki Inu Joins Binance.US And Surges By 50% As Investors Pile In

Floki Inu (FLOKI) is barking up a storm in the crypto world with news of its listing on Binance.US. As excitement grows, the value of FLOKI has surged by almost 50% in just one day, with gains of nearly 10% in the past week, making it one of the most talked-about cryptocurrencies in the market. 

With FLOKI’s current price at $0.00004099, investors and meme enthusiasts alike are eagerly awaiting what the future holds for this beloved crypto.

Could Floki be the next big thing in the world of crypto?

Floki Inu: Recent Price Gains and Increased Attention

While Floki Inu is just one of many similar meme coins, its recent price gains and increased attention have set it apart from the pack. In February 2023, FLOKI saw a surge of more than 40%, thanks in part to the continued support and interest from Tesla and Twitter CEO and meme coin enthusiast, Elon Musk.

Despite these gains, FLOKI’s current value is still well below its all-time high, which occurred in November 2021 when Musk named his dog after the cryptocurrency. However, Floki Inu has continued to gain traction and was recently listed on two prominent exchanges, BigONE and BitForex, in addition to Binance.US.

Binance Responds To Demand For Meme Coins With New Liquidity Pools

Binance has earlier announced the creation of seven new liquidity pools to cater to the growing demand for meme coins like, Shiba Inu, and Dogecoin. This move has generated a lot of speculation in the crypto community about a potential meme coin rally, with many investors expecting more retail participation as exchanges continue to support these altcoins.

As a result of this announcement, emerging meme coins such as Bone ShibaSwap (BONE) and ArbDoge AI (AIDOGE) experienced gains of more than 10% following news of a major exchange listing. 

The creation of these new liquidity pools is a positive sign for the meme coin market, indicating that these altcoins are gaining greater acceptance and recognition from investors. 

The New Age Of Meme Coins

The rise of these type of digital assets, once considered nothing more than internet jokes, is now undeniable, and the growing number of listings is proof of their increasing popularity. While there is little assurance of their lasting value, Floki Inu’s recent gains and attention suggest that this type of digital currency may have some staying power.

With talk of a meme coin rally on the horizon, it remains to be seen how this will affect the wider crypto market and whether these altcoins will continue to gain traction in the months to come.

-Featured image from Change.org

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Meme Coin Wars – Floki Inu Vs. Dogecoin And Shiba Inu – Who Wins?

There’s an ongoing meme coin war and it pits a lesser known coin against two other well-entrenched cryptos in the space today.

  • FLOKI is a crypto based on Elon Musk’s dog that has the same name
  • Floki Inu’s market cap is less than $1 billion
  • The crypto has been on a decline after it bottomed in June 2022

Floki Inu (FLOKI), a meme crypto that was inspired by the dog of self-proclaimed “Dogefather” Elon Musk, is aiming to surpass Dogeoin (DOGE) and Shiba Inu (SHIB).

That could prove to be easier said than done as it is losing to its fellow dog-themed cryptoccurencies in several battlefronts.

Total market capitalization is one of these aspects and Floki Inu’s is worlds apart compared to DOGE and SHIB.

Of the three, Dogecoin has the highest market cap, valued at $8.4 billion. Its spin-off token is somehow keeping up as Shiba Inu’s total capitalization stands at a little over $6.5 billion.

FLOKI finds itself in a distance that is very far from the two, as its market cap is only $70.2 million.

In terms of current trading price, DOGE leads the pack. At press time, according to CoinGecko, it is trading at $0.062. SHIB is changing hands at $0.00001109 while FLOKI is at $0.00000754.

Along these lines, Floki Inu needs to grow its market cap 100x just to surpass Shiba Inu. But even after that, Dogecoin will still prove to be a bigger challenge for the crypto.

FLOKI Price Action At A Glance

Even with Floki Inu’s minimal value, it ended up being one of the casualties of the recent bearish streak that plagued the crypto space.

Its price action chart shows the coin bottomed in June 2022 when it reached $0.0000048433 before making an impressive bullish rally, increasing its value by 270% to trade at $0.0000178931.

Source: TradingView.com

However, FLOKI wasn’t able to sustain that run and gain, as it tipped below the crucial $0.0000135356 mark. Since then, it continued to decline and hasn’t been able to make any kind of recovery.

The altcoin is in a precarious position as falling from its support level of $0.0000075326 will mean downward price trend that will send it to another bearish rally.

Floki Inu: Origins And Immediate Goals

Shortly after Elon Musk announced he was naming his dog Floki, an unidentified team worked on the digital currency sharing the same name and eventually launched it.

The Ethereum Blockchain-based Floki Inu was abandoned by its original developers after realizing there was an inflation bug in its initial token contract.

The Floki community did not give up on the asset and formed a team that revived the crypto which they claim is unique compared to other meme coins as it is capable of combining memes and utility.

True enough, the Floki Inu token is actually used to run the metaverse game known as Valhalla.

As for its immediate goals, FLOKI’s marketing chief said over the next year, they’ll have more utility and holders than SHIB.

Meanwhile, it will be interesting to see whether a new meme coin emerges to go head-to-head with Dogecoin and Shiba Inu in the coming bull market.

Will FLOKI muster enough firepower to beat DOGE and SHIB?

SHIB total market cap at $5.99 billion | Featured image from Watcher Guru, Chart: TradingView.com

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Floki Inu Eyes Break Out At $0.00000800, But The Price Must Do This First

  • FLOKI price continues to struggle as price ranges in a downtrend channel with a major breakout imminent. 
  • FLOKI trades below key resistance as price ranges under 8 and 20-day EMA.
  • The price of FLOKI struggles to flip key resistance into support. 

Floki Inu (FLOKI), one of the most popular memecoins in crypto, is expected to upset Shiba Inu, which won the hearts of many after a brief surge but may be set to repeat this move. All indicators and patterns indicate that the price of Floki Inu (FLOKI) is overdue for a rally to the $0.000015 region, and even higher if bulls are willing to push this price to a new high despite the current market downtrend. Floki Inu (FLOKI) has received a negative response, with prices trending in a downtrend channel while other altcoins and the crypto market look to bounce from key support areas. (Data from Gate.io)

Floki Inu (FLOKI) Price Analysis On The Weekly Chart.

Despite struggling to break above $0.000015 in recent weeks, the price was rejected and has remained range-bound as it prepares to trend higher to the $0.00002 region. FLOKI’s price found weekly support at $0.0000060 after falling by more than 70% in the previous few months due to the current market not allowing FLOKI to trend.

There is no doubt that the price of FLOKI will surge when the market recovers from its current bearish state. FLOKI maintains range with little or no volume in order to break free from this structure.

FLOKI’s price recently rallied to a region of $0.000015 after retesting a weekly low of $0.00000600 but was rejected in an attempt to break higher for the price to trend. FLOKI has been trading in a range for some time now and could be poised for a significant rally.

Weekly resistance for the price of FLOKI – $0.000015.

Weekly support for the price of FLOKI – $0.00000600.

Price Analysis Of FLOKI On The Daily (1D) Chart
Daily FLOKI Price Chart | Source: FLOKIUSDT On Tradingview.com

On the daily timeframe, the price of FLOKI continues to struggle as the price aims to rally to a high of $0.00002 after a successful breakout from a downtrend channel that its price formed. 

FLOKI is currently trading at $0.0000077, just below the 8-day and 20-day Exponential Moving Averages (EMA). On the daily timeframe, the price at $0.00000773 corresponds to the price at the 8 and 20-day EMA for FLOKI.

FLOKI’s price must reclaim the $0.000008 region with high volume in order for the price of FLOKI to rise to the $0.00002 region. According to the current market structure, price action, and indicators, FLOKI will soon break out of the daily downtrend channel, with a possible rally to $0.00002.

Daily resistance for the FLOKI price – $0.00002.

Daily support for the FLOKI price – $0.000007.

Featured Image From Zipmex, Charts From Tradingview

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Floki Inu Bark Attracts BSC And Ethereum Whales – Can It Go Near $0.001?

Dog-themed meme currency Floki Inu, named after Elon Musk’s Shiba Inu dog, is attracting Ethereum and Binance Smart Chain whales after receiving speculative market interest on Friday.

On social media, Shiba and Floki followers engage in a heated debate over an ad for their respective dog-themed cryptocurrency.

This may have been good news to FLOKI as Ethereum and BSC whales began to show interest in the cryptocurrency.

According to data aggregator portal WhaleStats, FLOKI is currently among the top 10 tokens acquired in the last 24 hours by 1,000 of the biggest ETH and BSC whales out there today.

Bearish Movement

Floki Inu is trading at $0.000038 on Friday, down 3.8%, with a low of $0.00003697 and a high of $0.00003967.

The crypto has a trading volume of $4,559,495 in the past 24 hours.

According to live market data, the asset price has been climbing in the last few months and has become a crowd favorite in cryptocurrency markets.

However, the crypto is showing bearish movement. In Friday’s intraday chart, market swings derail Floki Inu, leading to a negative trend.

Floki Inu Forecast

Based on market trends and analysis, the price of FLOKI has greater room to either rise or fall in the near future.

Although it has risen somewhat due to recent market trends, it is currently trading below the baseline.

Because of recent price declines, the current sentiment of Floki traders is “fear,” which, in the short term, could affect its price in a negative way.

Some market observers anticipate the price of Floki Inu to continue to drop in the coming days.

Related Reading | Floki Inu To Feature Its Logo On S.S.C. Napoli’s Match Stadium And Jersey

If support at $0.00004 is not broken, Floki may fall as low as $0.00003, if not lower.

If support at $0.00004 is not breached, Floki might rise as high as $0.00005 this month.

Considering the current price remains stable in the following weeks, Floki may see a positive breakthrough.

After all, the crypto is aiming for $0.001 once again.

10 Trillion Tokens

WalletInvestor’s optimistic stance on Floki Inu remains the same. The token is still seen as a profitable one-year investment by the platform.

According to its forecast, Floki prices might increase in percentage in the next five years.

If this is correct, a $100 investment in the crypto today might be worth $1,535.62 in February 2027.

As for DigitalCoinPrice, it predicts a lucrative year for the crypto.

Bullish price predictions are apparent due to its value stability which is seen to rise as the market activity of Floki Inu grows.

Meanwhile, Floki Inu has a colossal token inventory, with the creators confirming a maximum supply of 10 trillion tokens.

Its designers believe this is achievable since it outperforms other cryptocurrencies like Shiba Inu and Dogecoin in  terms of utility.

Related Reading | Floki Shiba Meme Token Ranked Top Social Signal BSC DApp

Featured image from Yahoo! Finance, chart from TradingView.com