{"id":525990,"date":"2024-05-27T13:50:16","date_gmt":"2024-05-27T13:50:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=525990"},"modified":"2024-05-27T13:50:16","modified_gmt":"2024-05-27T13:50:16","slug":"the-floki-price-surges-17-as-investors-flock-to-this-dogecoin-derivative-for-parabolic-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/the-floki-price-surges-17-as-investors-flock-to-this-dogecoin-derivative-for-parabolic-gains","title":{"rendered":"The FLOKI Price Surges 17% As Investors Flock To This Dogecoin Derivative For Parabolic Gains"},"content":{"rendered":"

The Floki price has surged 17% in the last 24 hours <\/span>to trade at $0.0002674<\/span><\/a> as of 7:05 a.m. EST, on an 188% surge in trading volume to $679 million.   <\/span><\/p>\n

Floki price also indicates a 34% surge in the past week and 57% over the past month, which has fueled its market capitalization to $2.55 billion. It is also the daily top gainer, ranking among the top 100 cryptos by market capitalization on <\/span>cryptobubbles<\/span><\/a>,surpassing WIF and BONK.<\/span><\/p>\n

With Bitcoin (BTC) leading the way as the crypto market picks up again, the dog-themed token is gearing up for a significant surge.<\/span><\/p>\n

FLOKI Price Initiates A Bull Rally: Can The Bulls Sustain The Momentum?<\/span><\/h2>\n

The FLOKI price indicates a gradual breakout as bulls initiate a rally above the bullish pennant formed. The pattern signifies a bullish trend continuation, giving the bulls an upper hand in order to regroup to drive the price up.<\/span><\/p>\n

\"FLOKI<\/p>\n

FLOKIUSDT Analysis By Tradingview<\/span><\/p>\n

The price of FLOKI has stabilized around $0.0001998, showing a slowdown in its bullish activity while maintaining stability above the pennant before the final breakout. <\/span><\/p>\n

The bullish momentum has remained strong, pushing the price above the 50-day and 200-day Simple Moving Averages (SMAs). This reinforces the generally positive outlook for FLOKI’s price. A modest push could potentially see it reaching a new high, surpassing the $0.0003065 mark.<\/span><\/p>\n

Additionally, the Relative Strength Index (RSI) has bounced back from 30 oversold level, gradually rising past the 50 midline level to 74 in the overbought zone, indicating intense buying pressure.<\/span><\/p>\n

Furthermore, the MACD suggests a bullish outlook, as the blue line has crossed above the orange line, indicating positive momentum, and the histogram bars are also positioned above the neutral level, adding to the bullish sentiment.<\/span><\/p>\n

FLOKI Price Bulls Eye New All-Time High<\/span><\/h2>\n

The upward momentum in FLOKI’s price is still going strong. Buyers are looking to surpass the current all-time high of $0.0003365 and push it even higher to $0.0003654 in the next few weeks.<\/span><\/p>\n

On the flip side, if the price falls below the 50 SMA again, it could encourage the bears to push the price down. This could cause the bulls to seek support around the $0.0002126 level.<\/span><\/p>\n

Additionally, the bulls might encounter resistance at the all-time high, potentially forming a double-top pattern that could signal a reversal to a bearish trend.<\/span><\/p>\n

Last Call: Dogeverse Gears Up For Launch! Buy Fast!<\/span><\/h2>\n

As FLOKI’s price continues its upward trend, the multi-chain Dogecoin derivative ICO, <\/span>Dogeverse<\/span><\/a>, is quickly attracting investors, offering a chance for 100X returns upon its launch on tier-one exchanges soon. <\/span><\/p>\n

The presale is nearing its end and will conclude on June 3rd at 10 a.m. UTC. The claim process will start on June 5th at 10 a.m. UTC.<\/span><\/p>\n

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Why limit to one when you can have it all? $DOGEVERSE begins on the secure #Ethereum<\/a> network, ensuring robust security and reliability. 🛡️💻<\/p>\n

🔥 Bridging gaps between #Cryptocurrency<\/a> ecosystems, we enhance liquidity, utility, and fun across the entire #Cryptoverse<\/a>! 🎉#AltSeason<\/a> pic.twitter.com\/zOg8albhry<\/a><\/p>\n

— DogeVerse (@The_DogeVerse) May 3, 2024<\/a><\/p><\/blockquote>\n