#MtGoxRepayments #BinanceLaunchpoolDOGS #CryptoMarketMoves #LowestCPI2021 #SahmRule The crypto market is rebounding again today, with Bitcoin steadily above the $61,000 threshold and many meme coins experiencing a green trend. Among them, dog-themed coins are thriving, with Floki leading the charts with a nearly 15.74% soar. DOGE is currently up 2.75%, while BONK jumped by 6.30%.
A new dog-themed coin by the name of PlayDoge has also been making waves. It’s presale ends in 3 days after raising over $6.1m, sparking hopes the token could be set for big gains when it lists on exchanges.
Floki’s Price Jump Comes With Recent Positive Developments
Two days ago, FLOKI signed deals with the English Premier League teams, which will help boost its visibility and attract more investors. The agreement includes Floki’s appearance in ads during football matches and on the jerseys of several teams in the league.Trading at $0.0001394 per token, Floki is attracting more players to its metaverse game Valhalla, which the English Premier League teams will advertise in on-screen ads during all league games.The Bitcoin-led market-wide rebound helped Floki grow by more than 15.7% over the last seven days. Its recent rise in price saw its market cap cross the $1.3 billion threshold, while its daily trading volume went up by nearly 60% to over $300 million.
Although Floki is practically a meme coin, its partnership investment and successful P2E metaverse game set it apart from most. Thanks to its utility and memetic appeal, it’s become the largest meme coin on the BNB chain.While its rise today is impressive, experts believe its recent moves are to propel the meme coin even further, making it an excellent investment.
Are Dog-Themed Coins Poised for a Breakout?
The success of FLOKI isn’t isolated, as other dog-themed meme coins experience a green trend. Most notably, Sundog (SUNDOG) skyrocketed by 235% over the last week. However, it experienced a brief decline, dropping by 8% today.
Meanwhile, the meme coin market leader, Doge, steadily rose by 2.75%, while the second-biggest meme coin, Shiba Inu, pumped 3.13%.
Dogwifhat (WIF) experienced a second jump this week, rising by over 8% today to $1.63 after dropping to $1.4783 yesterday. With that being said, FLOKI’s utility leaves it the clear winner among dog-themed meme coins.
Its recent developments and steady rise resulted in a bullish outlook from experts. On their Twitter account, Market Spotter, a team of crypto experts and analysts, believes Floki is ready to pump even higher in the upcoming days.
However, Floki isn’t the only meme coin with a P2E game and strong marketing that experts are monitoring. PlayDoge is about to conclude its ICO phase and launch listings, with many crypto analysts expecting it to explode on its DEX launch.
