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The FLOKI price surged 13% in the last 24 hours to trade at $0.0001781 as of 4:45 a.m. EST on trading volume that skyrocketed 182% to $499 million.
The pump coincided with Revolut launching a FLOKI Learn course. In its announcement on X, FLOKI said that the users of Revolut’s app now have the opportunity to explore the thriving FLOKI ecosystem, including its DAO-powered utility token.
Revolut Launches Floki Learn Course
Revolut has just launched an exclusive #Floki Learn course!
Users of @RevolutApp, the biggest fintech and retail trading app in Europe with over 45 million customers, now have the opportunity to explore the thriving $FLOKI ecosystem and its… pic.twitter.com/mWUNe6KXA5
— FLOKI (@RealFlokiInu) July 15, 2024
With Revolut being Europe’s biggest fintech and retail trading app, currently with more than 45 million customers, this development is quite big for FLOKI, further legitimizing the already beloved meme coin.
That said, the FLOKI price surge is also being driven by a broad market rebound today.
FLOKI Price Prediction
While the FLOKI price did see a major surge in the past 24 hours, it also encountered a strong resistance after approaching the $0.00020 mark, which caused a slight correction. This likely came as a consequence of early buyers moving in to take profit as the rally pushed FLOKI’s price higher up than at any point in the past month.
With that said, the big question is — is it too late to buy FLOKI now?
While it might seem so at first, technical indicators seem to claim otherwise. First, the FLOKI Bollinger bands are wider than they ever were in the past several days, even during the height of its rally.
While the price has been pushing the lower band down in the past several hours, the chart below shows that it is bouncing back up toward the middle ground, which is a bullish sign.
However, the main reason why traders might want to buy FLOKI now is the project’s Relative Strength Index (RSI). Its value crashed from the overbought zone to the oversold area in a matter of three to four hours, as traders decided to take profit.
However, the accompanying price drop opened up an opportunity to buy the dip, and it seems that plenty of traders have already made their move to do just that. Both the RSI value and the FLOKI price are bouncing back up, and will likely go on a secondary rally as others join the same opportunity.
With that being the case, now is the best time to buy FLOKI while the secondary surge is still in its early phase.
Promising Alternatives to FLOKI
While the FLOKI price might get its second wind soon, those who do not wish to take that risk have plenty of other opportunities to explore. One of them is a new Shiba Inu-inspired meme coin that is currently still in presale.
Known as Shiba Shootout (SHIBASHOOT), the project places the popular Shiba Inu likeness into the Wild West setting, inventing new characters such as Marshal Shiba and Shiba Sharpshooters.
The project has created its own P2E game, which takes place in the fictional town of Shiba Gulch. This is the very heart of the Wild West crypto frontier, where Shiba enthusiasts gather to participate in various challenges, share their favorite memes, and generally immerse themselves in the excitement of the new project that Shiba Shootout aims to be.
As such, the token is a perfect fit for any cowboy-loving meme coin enthusiasts, who will certainly want to check it out while its presale is still ongoing.
Its P2E game is centered on the town of Shiba Gulch, a place at the heart of the Wild West crypto frontier, where Shiba enthusiasts converge to participate in challenges, share memes, and immerse themselves in the excitement of the Shootout.
The SHIBASHOOT ICO presale has soared past $673k in funds raised. And the ICO appears to be speeding up in recent days as the meme coin market rebounds.
Word about the project is spreading fast thanks in part to analysts like crypto expert Jacob Crypto Bury, who recently said the project has 10x potential after launch, and that it might be the next Shiba Inu.
SHIBASHOOT currently sells for $0.0196. If you are eager to join, clamber aboard before a price hike in a little over seven days.
Buy SHIBASHOOT on the official website here.
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