The crypto market's eyes are on Floki Inu (FLOKI) as it recently made a notable price move, sparking discussions about its October performance. This article delves into the factors contributing to FLOKI's potential rally, including insights from crypto influencer Crypto Tony. We'll also examine historical correlations with Dogecoin (DOGE) and analyze technical indicators to speculate on its future price targets.
FLOKI's Recent Surge and Market Attention
Between September 26 and 27, FLOKI experienced a price jump from $0.00001561 to $0.00001596, capturing the attention of crypto enthusiasts. While it has retraced slightly to $0.00001590, the crypto community is buzzing with anticipation of a strong October performance.
Crypto Tony's Insights and DOGE Correlation
Crypto Tony, a prominent NFT and crypto investor, believes that FLOKI's rally could be fueled by the potential price increase of Dogecoin (DOGE). Additionally, he points out that FLOKI is currently in a macro support zone, signaling the possibility of significant accumulation in this area. This insight draws parallels to DOGE's historical performance.
Examining FLOKI's Historical October Performance
In 2022, FLOKI did not have a stellar October; however, in 2021, shortly after its launch, it surged from $0.000068 to $0.0027 between October and November. Interestingly, DOGE also experienced a similar performance during the same period. Analyzing these historical trends can provide valuable insights into FLOKI's potential this October.
Technical Analysis and Potential Price Targets
Analyzing the daily chart, FLOKI has been trading within a tight range between $0.0000153 and $0.0000164, indicating a lack of liquidity. However, recent signs of an uptrend, with FLOKI moving from $0.0000155 to $0.0000158, suggest a potential shift. The Awesome Oscillator (AO) and Relative Strength Index (RSI) are also discussed as key indicators to watch for potential entry points and price targets.
Potential Future Scenarios
Considering the insights from Crypto Tony and technical indicators like the RSI, FLOKI's future scenarios are explored. If accumulation occurs as suggested at $0.0000158, the article speculates on the possibility of FLOKI hitting $0.000019 in the coming days. It also discusses the significance of RSI crossing specific zones in determining FLOKI's first target.
In Summary
Floki Inu (FLOKI) has grabbed the crypto market's attention with its recent price movement, prompting discussions about its October performance. Insights from Crypto Tony, historical correlations with DOGE, and technical indicators suggest potential future scenarios. However, readers are reminded to conduct their research and due diligence before making any investment decisions in the volatile crypto market.
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#FlokiInu (FLOKI) entered the crypto landscape with a wave of enthusiasm, riding on the coattails of the meme coin trend that gained momentum through the success of Dogecoin. Its charismatic #ShibaInu mascot and an active community on social media platforms quickly attracted a dedicated following. 

Floki Inu’s journey, however, has not been without its fair share of ups and downs.

As the crypto market is known for its volatility, the question arises: Can Floki Inu rally strong enough to regain its coveted spot among the top 100 cryptocurrencies?

Floki Inu Market Cap And Growth Analysis

Floki Inu (FLOKI), despite previously achieving a significant rally that propelled it into the top 100 cryptocurrencies by market capitalization, has recently lost its position among the elite. Currently, FLOKI holds the 121st spot with a market capitalization of $332,037,915.

Within the vast cryptocurrency market, #FLOKI is currently priced at a modest $0.00003367, as per CoinGecko. Over the past 24 hours, the token experienced a slight 2.8% increase. However, it managed to tally a decent 8.8% over the past seven days. The coin is down 6.7% in the last two weeks.

Despite being introduced in 2021, Floki Inu has not achieved the same extraordinary level of success as renowned meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB). However, it would be unjust to characterize FLOKI’s growth as disappointing. Since its launch, the token has experienced an impressive surge of 656.12%, illustrating its capacity for generating substantial returns.

Potential Catalysts For Floki Inu’s Re-entry To Top 100

A pivotal factor in Floki Inu’s quest to reclaim its position among the top 100 cryptocurrencies is the cultivation of a more robust and engaged community. By fostering active participation, encouraging community-driven initiatives, and maintaining transparency through regular updates on the project’s development, FLOKI can significantly enhance its appeal to investors and crypto enthusiasts.

Floki Inu also holds strong potential in the realm of non-fungible tokens (NFTs). Notably, the trade volume associated with FLOKI’s NFTs has achieved remarkable milestones, reaching millions of dollars. 

According to on-chain data, FLOKI’s total NFT volume surged to an impressive $16.25 million in April, illustrating the significant interest in non-fungible assets linked to the Floki Inu network.

To regain its standing, Floki Inu must prioritize the enhancement of its token’s utility and innovative capabilities. By actively developing real-world use cases and forging strategic partnerships with businesses and platforms, FLOKI can establish a more solid foundation for long-term growth. This focus on utility will not only attract more users but also contribute to the token’s broader adoption and increased market capitalization.

Floki Inu (FLOKI), the popular meme coin, has been on a steady rise in the past few days both in price performance and general adoption. Exactly a week ago, crypto giant Binance added the cryptocurrency to the Metaverse and Gaming sections on its exchange. 

After a slow start, the price of $FLOKI seems to be finally leveraging the positive sentiment surrounding it.

FLOKI has registered a significant 25.9% price rise in the past seven days, having broken out of the consolidation zone earlier this week. The price of Floki Inu started moving sideways after falling almost vertically on June 10, losing more than 20% of its value in a single day.

It appears that the token might be gaining some momentum at the moment, albeit with only a 1% price increase in the last 24 hours. FLOKI is currently being held at a key resistance and would need to breach this threshold if it is to continue on its upward trajectory.

Moreover, it is worth noting that the daily Relative Strength Index, an indicator that tracks the balance between buying and selling pressure, has barely crossed the 50 mark. This indicates that a bullish run is still uncertain.

As of this writing, #FlokiInu changes hands for $0.00002687, with a 24-hour trading volume of more than $78.4 million. According to data from CoinGecko, the coin is currently 52% away from its 2023 high reached on February 17.

FLOKI INU Shares 2023 Roadmap Update 

On June 22, 2023, Floki Inu’s official Twitter account released a tweet giving an update on the ecosystem’s 2023 roadmap. It is a summary of some of the projects their developers have in the pipeline.

The first item on the roadmap update is a major upgrade for the FlokiFi Locker, a protocol for securing digital assets, such as Liquidity Pool (LP) tokens, NFTs, and fungible assets. This advancement, which is being touted as FlokiFi’s biggest upgrade yet, will integrate native payments, burn mechanisms, a referral program, and other functionalities.

Furthermore, the tweet mentioned a “major DeFi lending and borrowing integration”, which will allow users to collateralize their FLOKI tokens to borrow other cryptocurrencies from “the biggest lending protocol on the BNB chain”. Meanwhile, a staking program is being tested at the moment and will launch as soon as internal checks are over.

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Meme coins blend internet humor with crypto, creating a unique financial trend. Dogecoin led the way, starting as a joke but gaining real value with support from investors like Elon Musk.

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Now, meme coins like Floki Inu and Big Eyes Infinity are also in the spotlight. Let’s see if they can achieve huge returns this altcoin season.

Dogecoin’s Contribution to Charity in Meme Coin Culture

Back in 2013, when social media was booming, memes were getting popular too. Around the same time, cryptocurrencies like Bitcoin were becoming well-known. That’s when Dogecoin (DOGE) appeared, inspired by a funny meme. People quickly formed a community around it.

Just a short while after starting, this community did something great. They gathered money to help the Jamaican bobsled team go to the Winter Olympics. This set the stage for meme coins to be connected with helping others.

Nowadays, meme coins still do good things. For example, Baby DogeCoin recently gave a lot of pet food to animals in need. Another coin, Big Eyes Coin (BIG), keeps 5% of its tokens for charity. This money goes to help ocean animals. Floki Inu, another meme coin, also helped after an earthquake by donating money to help the people affected. All in all, meme coins are using their popularity for good deeds.

Floki Inu Shakes Things Up by Bringing Useful Features

Dogecoin made people think meme coins are just pictures with a cost, but they can be more. Floki Inu breaks this mold by having useful things like FlokiFi, FlokiPlaces, Floki Inuversity, and Valhalla. These let you talk to others, trade special items, and enter a digital world, all using the FLOKI token.

Also, Big Eyes Coin (BIG) and Big Eyes Infinity (BIGINF) are important in the Big Eyes Ecosystem, starting with the 819 Casino. This casino is for crypto gambling and games, and it has lots of games where you can earn tokens.

The 819 Casino’s BETA version comes out on August 29th, and all the transactions there will only use BIG tokens. Later, when BIGINF’s presale ends in four months, it will also be used in the casino. Since all the game actions use BIG and BIGINF tokens, and these tokens’ trading amounts count, they might grow a lot, maybe 1000 times more.

Is a 1000x Profit Possible with Big Eyes Infinity?

Meme coins are more than just charity and memes – they’re also about smart investments. The success of meme coins relies on their communities and investors. These coins can be unpredictable due to changing feelings in the market. So, it’s smart to understand what other investors are thinking before making big decisions.

This altcoin season, get into meme coin culture by investing in Big Eyes Infinity. This new meme coin’s presale is creating a community based on support, cuteness, and helping others. Invest early before the 819 Casino launch to have a chance at getting big returns (maybe 1000 times more) with BIGINF.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#NFT #Web3 #Blockchain #Dogecoin #FlokiInu

Community calls itself the "Floki Vikings" in honor of Floki (Musk's dog), named after a Viking character. Floki promises to take his community efforts seriously and has been listed several times in the Top 10 of LunarCrush's social engagement leaderboards. Floki has also partnered with leading crypto projects such as Chainlink, Trader Joe, ApeSwap for the FlokiFi Locker digital asset locker protocol.

Floki, on the other hand, is a decentralized community-run project.

It was originally started by an anonymous developer who left the project shortly after it was launched. The community came together, took over the project and restarted it. This made it a globally recognized crypto brand with over 400,000 owners in its first year.

Floki has a core team that represents the interests of its community. The core team consists of the aliases B, Saber, and MrBrown Whale. Jackie Xu, the project's lead developer, is "a respected and doxxed figure in the industry with over a decade of blockchain experience," according to Floki. The team announced that Valhalla, the NFT game metaverse, was developed by a team of 20 people with over 50 years of combined team experience.

Key decisions affecting Floki as a project are also made through a DAO vote, where people vote with FLOKI tokens.

Floki has a total supply of 10 trillion FLOKI. According to BscScan and Etherscan, there are a total of more than 400,000 FLOKI holders on Ethereum and BSC.

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