Money Dries Up For Memecoins As BRETT and FLOKI Drop Nearly 40%; 
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Memecoins such as Brett and Floki have been bleeding profusely as market volatility is intensifying. Double-digit corrections are happening across the board causing investors to rotate capital into undervalued projects with real-world use cases, such as DeFi casino Rollblock.

Brett Is Trending Downwards When Will It Breakout?

The past few months have been challenging for Brett holders. Brett has been on a downward trajectory since June, with the chart showing a string of lower lows.  Brett has plummeted by more than 52% since peaking at $0.181.

Brett is currently priced at $0.086 and has been ranging around this mark for several days after rebounding from $0.063 last week. However, the RSI indicator has been flashing oversold and volume is steadily rising, this could mean that a move to the upside could come soon for Brett.

Floki Gives 5 Months Of Gains Back To The Market, What Now?

Memecoins are notoriously volatile and Floki is no exception. Floki reached an all-time high of $0.00032 in June, but it has lost more than 66% in valuation since.

Right now, Floki sells for $0.00011 as the downtrend intensifies. In other news, Floki is making moves in the real world by announcing an ad campaign to raise awareness for Valhalla, Floki’s upcoming metaverse game. Despite the bearish price action, the hype around Valhalla could positively impact Floki’s valuation.

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