Floki Inu and Pepe Price Prediction After Binance Listing Announced

Pepe and Floki Inu are now in the Innovation Zone of the Binance Exchange. 

Traders will be able to trade these tokens against TUSD and USDT. Also, from May 6, 2023, traders will be able to withdraw from FLOKI and PEPE.

The price pump of these tokens after Binance’s announcements is projecting a promising outlook for them. These new assets in Binance’s Innovation Zone may experience their share of price volatility in the market. This zone houses crypto assets under review and also implied that they’re still very risky.

The price performance before and after these new updates shows that Pepe and Floki Inu could become the next big meme coin projects in the crypto space. 

Floki Inu Price Trend 

Floki Inu has been in a bullish trend since the beginning of 2023, although it has seen several fluctuations in the course. 

In January, Floki went from $0.00000815 on January 1, 2023, to $0.00002497 in the space of 31 days (January 31). By February 2, it went from $0.00002603 to $0.00003178 on February 5. Amid several fluctuations at this point, Floki touched $0.00005496 on February 17 and declined to $0.00004952 at the end of the month (February 28).

Throughout March, Floki Inu experienced more price fluctuations, which caused it to go from $0.00004673 on March 1 to $0.00003571 on March 16. By March 31, 2023, Floki was now at $0.00003291. 

April was an eventful month for the asset. It started at $0.00003363 on April 1 and climbed to $0.00004045 on April 17. Also, from $0.00003724 on April 19, Floki Inu touched $0.00004452 on April 25. However, on April 30, the asset traded at $0.0000354, a 3.50% price decline. 

Meanwhile, since May began, Floki Inu has already experienced several price fluctuations in the space for 4 days, trading at $0.00003346 on May 4, 2023. However, after hitting Binance Exchange, the asset has had a dramatic price gain.

Today, May 6, 2023, Floki Inu is trading at $0.00004267, with a 33.69% price increase at the time of writing.

Floki Inu Price Prediction With Technical Analysis

Floki Inu maintains a sideways movement to the right on the Market Sentiment Indicator, a long-term bullish sentiment for the asset.

Also, FLOKI is trading above its 50-Day Simple Moving Average (SMA), which indicates a short-term bullish market for investors and traders. 

The Relative Strength Index (RSI) is at 57.88 at the time of writing and indicates a neutral market position for FLOKI. Nevertheless, the current pattern of the RSI line hints at possible price fluctuations in the course of the bullish trend.

The Moving Average Convergence/Divergence (MACD) is above the signal line with a bold green bar on the histogram. The positive value of the MACD represents a short and long-term bullish trend for FLOKI.

Floki Inu’s support levels are $0.000013480 and $0.000023800. In contrast, its resistance levels are $0.000047240, $0.000060360, and $0.000083800. FLOKI is trading far away from its support levels. Thus, there will be several fluctuations in its prices. On the other hand, its resistance levels represent upcoming price gains in the nearest weeks.

Experts’ Price Prediction For FLOKI

Business2Community predicts Floki Inu to reach a maximum of $0.0001 by the end of the year (2023). By 2024, the asset will record a maximum of $0.00033; by 2030, FLOKI will trade at $0.001 for each token.

In contrast, PricePrediction.Net predicts a maximum of $0.00000980 by the end of 2023, a maximum of $0.00002198 by 2025, and $0.00014387 by 2030.

Pepe Price Trend

Pepe’s dramatic price performance in the last few days confirms the possibility of the asset becoming volatile in the market. 

As of April 17, 2023, Pepe joined the market at $0.00000005685 and spiked to $0.0000001873 in 3 days (April 19, 2023). 

By April 21, the asset reached $0.0000002963, climbed again to $0.0000003215 on April 24, and $0.0000004577 at the end of the month (April 30). 

At the beginning of May, Pepe was at $0.000000723. However, in the next four days (May 4), the price climbed to $0.000001077. After it hit Binance yesterday, Pepe’s price skyrocketed. 

As of today, May 6, 2023, Pepe is trading at $0.000002878, with a 36.85% price increase at the time of writing.

Pepe Price Prediction With Technical Analysis

Pepe is recording 16/22 Green Days, a (73%) price volatility percentage. Also, its Fear and Greed Index is at 60 (Greed). This shows that the asset is upholding a short and long-term bullish sentiment.

According to Coincodex, PEPE is 82% Bullish and 18% bearish. Also, it has 14 indicators with bullish signals and 3 that are bearish. This confirms the current bullish trend of the asset.

Currently, Pepe has only one strong support level at $0.000002296; thus, it’s prone to fluctuations in the coming. Its three resistance levels at $0.000004749, $0.000005755, and $0.000007201 indicate that the asset will likely gain more prices in the long run.

Experts’ Price Prediction For Pepe

According to Coincodex, Pepe will spike by 358.73% and trade at $0.00001448 by May 11, 2023. By 2025, the asset should reach $0.000189. 

On the other hand, CoinPedia predicts a maximum price of $0.000000450 for Pepe by the end of the year. CoinPedia expects the asset to perform well throughout 2024. Thus, by 2025, it should record a maximum price of $0.00000606. Also, if Pepe flourishes from 2026 to 2029, it will likely spike to $0.00002061 by 2023. 

What’s Next For Pepe And Floki

Following the price pump of Floki and Pepe, crypto experts are tipping these cryptocurrencies to record higher values in the nearest future.

Floki Inu and Pepe are entitled to short and long-term price pumps as they now list on the Binance exchange. 

However, as cryptocurrencies, their prices are subject to market sentiments, investors’ sentiments, macroeconomic factors, and regulatory crackdowns.

Given that cryptocurrencies are highly volatile and can change from expected price behaviors, adopting ideal risk management techniques is advisable. Also, comprehensive technical analysis must be in place before making investments.