🔥💥Floki (FLOKI) took flight: 80 percent increase in one day!
#Floki (FLOKI), who knows the Memecoin trend by opportunity, continues to leave the critical resistance levels behind one by one.
The fact that the Memecoin craze is increasing every day has put the related altcoins on the rise. Memecoins, which have been gaining upward momentum accompanied by the increase of Bitcoin (BTC), continue to gain volume and value. The prominent names among the memecoins that made a big difference to the altcoin market were #FLOKİ (FLOKI), dogwifhat (WIF) and Pepe (PEPE). FLOKI, in particular, attracted attention by experiencing an increase of more than 80 percent in just 24 hours.
Even if he puts his name on the summit, he poses a danger!
According to data from CoinMarketCap, the most rising coin of the last 24 hours was FLOKI with 80.21 percent. The popular coin, which overtook other memecoins, also made a significant difference to THORCHAIN (RUNE), which came in second place. FLOKI, which exploded with the reaction it received from the minor support level, may climb even higher levels if the memecoin fury continues, BTC stays above $ 65,000, or BTC dominance decreases. In such a scenario, the demand for memecoins, rather than the technical side, will play a critical role.
Memecoins, known for their violent price movements, have made positive moves in recent days, but they carry a big risk. It should always be noted that memecoins, which lose much more value compared to other altcoins in the slightest correction movement of BTC, should always be paid attention to. A possible BTC decline, a decrease in the memecoin craze, or an upward movement of BTC dominance could bring a wave of selling to memecoins. As a result, panic and anxiety in the ecosystem will increase with the start of sales.
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