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The Floki price rose by a fraction of a percentage in the last 24 hours and 14% in the last week to trade at $0.0001527 as of 00:41 a.m. EST, on trading volume that dropped 11% to $791 million.
According to on-chain metrics from IntoTheBlock, the number of holders that are in the money at the meme coin’s current price has increased, with a 75% uptick.
Floki Price To Continue Soaring
The Floki price has been on a tear in the last week, as FLOKI soared from the $0.00012 level, but bulls have been unable to breach $0.000160, according to data from GeckoTerminal.
Price movements in the last seven days have formed an ascending triangle pattern as bulls aim to sustain the bullish stance over the triangle.
FLOKI now trades above both the 50 and 200 Simple Moving Averages (SMAs) on the 4-hour chart, affirming the current bullish trend.
The Relative Strength Index (RSI) trades in equilibrium at 52 as well, and could keep rising.
If bulls’ momentum reaches a peak at this level, FLOKI could soar above the aforementioned triangle pattern and target $0.000180. The 50 SMA recently surpassed the 200 SMA, forming a golden cross at $0.0001389, which further adds to the bullish prospects.
Conversely, if the price goes through a correction at this level, FLOKI could plunge back to $0.0001372 (200 SMA).
As FLOKI bulls search for buying signals to push the token higher, other investors are rushing to buy the new Olympic-themed meme coin, The Meme Games (MGMES), which has already amassed over $401K in its ongoing presale.
According to 99Bitcoins, a prominent YouTube channel with over 706K subscribers, MGMES could soar 100X after its launch.
The Meme Games ICO Raises Over $401K, Soaring Towards $500K
The Meme Games is an innovative gamified meme token project that combines popular crypto meme characters. This unique concept rewards presale buyers with token bonuses for winning virtual sprints, which adds a competitive element in the mix.
Olympic Games-themed cryptocurrency The Meme Games includes five top meme coin projects in a novel, fun, and profitable purchase-and-play format. After the Olympics, the project aims to capitalize on the hype surrounding the Paralympics kicking off in Paris today.
CRYPTO BREAKING NEWS
The Meme Games raises over $100K on opening day of presale. The Meme Games presale raises over $100K in its first 24 hours, capturing attention in the booming memecoin sector. #partnercontent check us out @ https://t.co/8dh137buUp pic.twitter.com/YwzyP2glE4— InnovatekMobile (@Neome_com) July 17, 2024
The meme coin characters participating in The Memes Games are Dogecoin (DOGE), Pepe (PEPE), DogWifHat (WIF), Brett (BRETT) and Turbo (TURBO).
Token holders can earn passively from the project’s staking mechanism as well by buying and staking MGMES for an impressive annual percentage yield (APY) of 479%.
You can buy MGMES tokens for $0.00935 each. However, you will want to buy soon to lock in the best deal, as a price hike will happen in about two days.
Buy MGMES from the official website here using ETH, BNB, USDT, or a bank card.
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