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🤔FLOKI Price Jumps 23% As Social Sentiment Soar, Will FLOKI Retest ATH? 🚀 Floki Price Surge Floki's price jumped over 23% to $0.0002812, and it has risen more than 39% in the past week, nearing a significant milestone. 🤖 FLOKI Trading Bots and Coinbase Influence Key drivers of FLOKI's price include new trading bots on Telegram for Floki holders on the BNB Chain, which charge a 1% transaction fee. Half of this fee is used to buy back FLOKI, reducing its supply. Additionally, FLOKI's listing on Coinbase Perpetuals has boosted its popularity, as Coinbase is a major crypto platform in the US. 🔥 Token Burn Strategy To manage its large supply, FLOKI recently burnt 15 billion tokens, following a similar approach as Shiba Inu (SHIB). 📈 Drive to All-Time High FLOKI is aiming to retest its all-time high of $0.0003437, currently just 17% below this mark. Sustained social sentiment could help it reach this goal, mirroring the success of rivals like PEPE in the memecoin market.

🤔FLOKI Price Jumps 23% As Social Sentiment Soar, Will FLOKI Retest ATH?

🚀 Floki Price Surge

Floki's price jumped over 23% to $0.0002812, and it has risen more than 39% in the past week, nearing a significant milestone.

🤖 FLOKI Trading Bots and Coinbase Influence

Key drivers of FLOKI's price include new trading bots on Telegram for Floki holders on the BNB Chain, which charge a 1% transaction fee. Half of this fee is used to buy back FLOKI, reducing its supply. Additionally, FLOKI's listing on Coinbase Perpetuals has boosted its popularity, as Coinbase is a major crypto platform in the US.

🔥 Token Burn Strategy

To manage its large supply, FLOKI recently burnt 15 billion tokens, following a similar approach as Shiba Inu (SHIB).

📈 Drive to All-Time High

FLOKI is aiming to retest its all-time high of $0.0003437, currently just 17% below this mark. Sustained social sentiment could help it reach this goal, mirroring the success of rivals like PEPE in the memecoin market.

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💥Bitcoin Price Faces Key Resistance Levels 📈 Bitcoin is finding buyers at $68,000 due to Fed announcements and Mt. Gox transfers. Bulls are struggling to solidify $70,000 as support amid ongoing news flow. So, what do the more reliable on-chain signals indicate for mid-term forecasts? 💹 After months of rising, Bitcoin paused its rally following the last ATH. With the approval of the Spot ETH ETF, it has risen to the $67,500 to $70,000 range. Staying here is more promising than testing new dips at $60,000. Solidifying this higher support could lead to a new ATH attempt. The red trend line shows short-term traders are eager for profit-taking. BTC may test the Ichimoku Cloud; falling below it could shift sentiment to neutral, possibly testing $64,000. 📊 Bitcoin price rises steadily among investors. Long-term holders are taking profits, and new short-term investors are accumulating. From early 2024 to April, there were significant declines in supply active for 1 and 2+ years, while supply in UTXOs held for over 3 years increased. This upward trend suggests a new ATH is likely. Over half of the total Bitcoin supply has remained untouched for over a year. The turnaround at $56,000 showed a shift from selling to holding BTC. 📉 Only 1.1% of Bitcoin supply was purchased above $70,000, indicating few people bought BTC at higher prices, reducing the risk of rapid selling. 🔍 The conclusion: 6% of the total supply was bought in the $65,000 to $70,000 range, indicating strong support. The thin supply above $70,000 suggests a move towards $80,000 is possible. A short-term test of $64,000 could happen, but long-term investors have stopped selling.
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