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The FLOKI price has plunged 8% in the last 24 hours to trade at $0.0002242 as of 12:45 a.m. EST on a 26% drop in trading volume to $693 million
FLOKI Price Aims To Reclaim Its ATH
FLOKIUSDT Analysis By Tradingview
The struggle for price dominance has led to the formation of the consolidation channel within the ranges of $0.0002995 and $0.0002202 as the FLOKI price remained stable trading within the consolidation channel.
However, the bears took advantage to drive the price down below the channel forcing the bulls to find a haven at the $0.0001848 support zone, where they regrouped to drive the price up again in a gradual ascent
Moreover, the price has crossed the 50-day and 200-day Simple Moving Averages (SMAs), confirming the bullish sentiment supporting the FLOKI price.
The Relative Strength Index (RSI) indicates a rebound on the 50 midline level to 60. Increased momentum should push the RSI to the overbought level of 70.
FLOKI Price Bulls Gear For Another Rally, Aim To Surpass ATH
The bullish momentum in FLOKI’s price remains steady as buyers initiate a rebound close to 200 SMA, aiming to surpass the current all-time high of $0.0003365. The potential for upward movement could lead to a new ATH in the coming weeks.
In a converse situation, the price could slip below the 50 SMA Again, encouraging the bears to take control and drive the price down, forcing the bulls to retreat to the $0.0001761 support zone.
Investors looking for upside potential might want to consider adding SMOG to their portfolios.
SMOG has been gaining attention because of its highly anticipated airdrop and recent strong price performance, which YouTuber Crypto Gains says could potentially lead to 100X gains.
Smog: Next 100X Meme Coin To Buy Today
The latest addition to the Solana meme coin scene, SMOG aims to replicate the rapid growth of popular coins like BONK, WIF, and MYRO during their early stages.
$SMOG has surged 281% in the past month and built a market cap of $165 million.
To boost its prospects, the Smog team has organized an extensive airdrop initiative. This campaign is designed to expand the community and foster active participation in the project.
One #Memecoin to rule them all! 🚀
Get ready for the greatest #Airdrop in history, distributed on #Solana. 💰
Join #SMOG on Zealy! 🔥
Link in Bio 🔗 pic.twitter.com/vsn4p5cSF4
— SMOG (@SMOGToken) February 8, 2024
The team behind Smog has allocated 35% of the total token supply, or 1.4 billion tokens, for the upcoming airdrop, which it calls ”the greatest airdrop in history.”
Qualify For The Greatest Airdrop In History
The first season of the airdrop campaign is wrapping up on April 3, promising giveaways totalling a staggering $1 million. To participate, investors must complete tasks on Zealy.
By completing these tasks, investors boost their XP, and thus their airdrop rewards.
Season 2 is just around the corner, and what’s key is that it will reward investors mainly for buying, holding, and swapping $SMOG.
Investors can buy and stake $SMOG through the Smog website for a 10% discount and earn an annual yield of 42% on staked tokens.
Buy Smog using your Solana-compatible wallet to swap SOL, USDT, or BONK tokens, and qualify for the biggest airdrop in history.
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