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The Floki price surged 15% in the last 24 hours to trade at $0.000199 as of 02:43 a.m. EST on trading volume that soared 195% to $503 million.
This comes as dog-themed coins pump four days after International Dogecoin Day, with Dogecoin, Shiba Inu, and Dogwifhat gaining 4%, 3.6%, and 20%, respectively.
Floki Price To Continue Its Surge Over The Falling Wedge
The Floki price rose massively in March, hitting a yearly high of $0.00032, as it drew closer to its all-time high (ATH) of $0.00033. From this point, the bulls have not been able to reclaim this high, with the price trending down within the falling wedge pattern.
However, FLOKI has used the $0.00012 support zone to soar, with the bulls propelling the price over the upper boundary of the falling wedge.
FLOKI is also trading well above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the asset’s upside potential in the long term.
Moreover, the reading on the Relative Strength Index (RSI) shows that buyers are continuously buying, with the RSI rebounding from the 30-oversold level to the 70-overbought region at 72.
Floki Price Prediction
The Floki price long-term analysis indicates that FLOKI is rebounding from the falling wedge pattern, as the bulls aim to drive the price to the target of $0.00035. The RSI shows that buyers are in a buying frenzy, which could drive the price even higher.
However, the 200-day SMA trades above the 50-day SMA, forming a death cross at $0.000219. A death cross prompts a bearish move. This could see FLOKI retracing back to the support at around $0.00015, which coincides with the 50-day SMA.
Meanwhile, as the FLOKI price surges, investors are also buying $DOGEVERSE, an alternative dog-themed token that has raised over $10 million in its presale.
Dogeverse Presale Hurtles Past $10 Million
Amid the frenzy surrounding meme coins, Dogeverse (DOGEVERSE) is emerging as a pioneering force in the crypto universe.
Most meme coins are limited to just one blockchain network. This often causes stagnation when traders move between networks. Dogeverse aims to stand out by being built on a multichain network spanning Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base.
🌐 Embracing Inclusive Accessibility! 🚀
$DOGEVERSE opens its doors to a wide audience, from #Ethereum aficionados to those preferring the rapid, cost-effective benefits of #Solana or #Polygon, fostering a diverse and inclusive community. 🐕🌟 pic.twitter.com/sXPOvaoz67
— DogeVerse (@The_DogeVerse) April 12, 2024
Token holders can stake on Ethereum to earn passive rewards, with an annual percentage yield (APY) of 107%.
ClayBro, a prominent YouTube crypto analyst, says he bought the tokens and believes Dogeverse will open the door to new possibilities for other dog-themed meme coins.
Dogeverse has already sold out its soft cap allocation of 200 billion tokens after trending virally on launch. With this, the project has moved onto the second half of its ICO well ahead of schedule.
You can participate in the presale by buying $DOGEVERSE for $0.000301 per token. Buy soon if you are interested because a price hike is coming in about 20 hours.
Buy $DOGEVERSE on the official website here using ETH, USDT, or a bank card.
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