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Coinpedia
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XRP Army Finds Ripple’s Intent to Retain Most XRP for Development Efforts
The post XRP Army Finds Ripple’s Intent to Retain Most XRP for Development Efforts appeared first on Coinpedia Fintech News
Ripple’s recent revelation has shaken the XRP Army, who discovered it through a company document. Ripple plans to hold onto a massive chunk of XRP, aiming to retain 25% of the total XRP supply.
This decision means that Ripple will keep 25 billion XRP tokens valued at approximately $12.5 billion to support its operations and, ideally, generate profit.
Given that only 100 billion XRP tokens will ever be issued, this retention is a huge portion of the total supply. The document also points out that Ripple doesn’t charge for using its network because it’s not a financial services provider.
Instead, it makes money through its native currency, XRP. By keeping 25% of all XRP, Ripple plans to fund its operations and make a profit, aligning its goals with those of its users. As the demand for XRP grows, its value should increase, benefiting both Ripple and its users.
Ripple plans to distribute the remaining 75% of XRP by giving incentives to market makers, gateways, and consumers, hoping to increase the use and scalability of its protocol. The more participants there are in the ecosystem, the higher the demand for XRP, which could drive up its value.
A key part of Ripple’s strategy is using XRP as a bridge currency. The Ripple network is set up to make all balances easily convertible to XRP, which simplifies transactions. This means XRP can act as a universal intermediary currency, making it easy to exchange with any other currency on the network.
It added:
“If XRP is increasingly used as an intermediary currency, users who are unsure of what currency they will need may choose to hold XRP, since it readily translates into all other assets on the network. Market makers are one type of user for which this could be the case, but one can easily think of others as well.”
Ripple’s recent revelation has shaken the XRP Army, who discovered it through a company document. Ripple plans to hold onto a massive chunk of XRP, aiming to retain 25% of the total XRP supply.
This decision means that Ripple will keep 25 billion XRP tokens valued at approximately $12.5 billion to support its operations and, ideally, generate profit.
Given that only 100 billion XRP tokens will ever be issued, this retention is a huge portion of the total supply. The document also points out that Ripple doesn’t charge for using its network because it’s not a financial services provider.
Instead, it makes money through its native currency, XRP. By keeping 25% of all XRP, Ripple plans to fund its operations and make a profit, aligning its goals with those of its users. As the demand for XRP grows, its value should increase, benefiting both Ripple and its users.
Ripple plans to distribute the remaining 75% of XRP by giving incentives to market makers, gateways, and consumers, hoping to increase the use and scalability of its protocol. The more participants there are in the ecosystem, the higher the demand for XRP, which could drive up its value.
A key part of Ripple’s strategy is using XRP as a bridge currency. The Ripple network is set up to make all balances easily convertible to XRP, which simplifies transactions. This means XRP can act as a universal intermediary currency, making it easy to exchange with any other currency on the network.
It added:
“If XRP is increasingly used as an intermediary currency, users who are unsure of what currency they will need may choose to hold XRP, since it readily translates into all other assets on the network. Market makers are one type of user for which this could be the case, but one can easily think of others as well.”
FLOKY SKYROCKET
Is this the puzzle we've been waiting for, what time does Floki's engine turn on & skyrocket?
$FLOKI
#Altcoinseason2024
Is this the puzzle we've been waiting for, what time does Floki's engine turn on & skyrocket?
$FLOKI
#Altcoinseason2024
LIVEİlker Yıldız
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DWF Labs to Acquire $12 Million Worth of FLOKI!
DWF Labs, a provider of investment and liquidity solutions in digital asset markets, has announced that it will acquire $12 million worth of Floki tokens to further support the Floki ecosystem.
DWF Labs will use this investment to support Floki's development of new products in areas such as gaming, the metaverse, and the NFT marketplace. The tokens will be purchased partly from the market and partly from the Floki treasury.
"We believe Floki has the potential to disrupt the crypto space with its new products in gaming, the metaverse, and the NFT marketplace," said Toby Shafeeq, CEO of DWF Labs. "With this investment, we aim to contribute to the growth and development of the Floki ecosystem and bring value to Floki token holders."
About DWF Labs
DWF Labs is a firm that provides investment and liquidity solutions in digital asset markets. The firm offers institutional and retail investors the opportunity to invest in cryptocurrencies and other digital assets. DWF Labs also provides services such as liquidity pools and market making.
Significance of this development:
DWF Labs' $12 million investment in Floki is a significant development for the Floki ecosystem. This investment will help Floki's new products in gaming, the metaverse, and the NFT marketplace reach a wider audience. It will also contribute to bringing value to Floki token holders.
#floki #meme #pepe #memeseason $FLOKI
DWF Labs will use this investment to support Floki's development of new products in areas such as gaming, the metaverse, and the NFT marketplace. The tokens will be purchased partly from the market and partly from the Floki treasury.
"We believe Floki has the potential to disrupt the crypto space with its new products in gaming, the metaverse, and the NFT marketplace," said Toby Shafeeq, CEO of DWF Labs. "With this investment, we aim to contribute to the growth and development of the Floki ecosystem and bring value to Floki token holders."
About DWF Labs
DWF Labs is a firm that provides investment and liquidity solutions in digital asset markets. The firm offers institutional and retail investors the opportunity to invest in cryptocurrencies and other digital assets. DWF Labs also provides services such as liquidity pools and market making.
Significance of this development:
DWF Labs' $12 million investment in Floki is a significant development for the Floki ecosystem. This investment will help Floki's new products in gaming, the metaverse, and the NFT marketplace reach a wider audience. It will also contribute to bringing value to Floki token holders.
#floki #meme #pepe #memeseason $FLOKI
$FLOKI
@Flokiverse
#Floki🔥🔥
#altcoins
FLOKI has crossed the previous target..
Wish Floki cross and stable above 0.00027
keep the faith
keep confident
keep unity
keep bullish
@Flokiverse
#Floki🔥🔥
#altcoins
FLOKI has crossed the previous target..
Wish Floki cross and stable above 0.00027
keep the faith
keep confident
keep unity
keep bullish
LIVEDemang_Alteca
--
Bullish
$FLOKI
the near target is shown on chart screenshot
have a nice weekend
God bless you all
the near target is shown on chart screenshot
have a nice weekend
God bless you all
$FLOKI
#ALTrestaking
#Floki🔥🔥
#altcoins
@Flokiverse
FLOKI breaking the bullish trendline..
keep the faith
keep confident
keep unity
keep bullish
#ALTrestaking
#Floki🔥🔥
#altcoins
@Flokiverse
FLOKI breaking the bullish trendline..
keep the faith
keep confident
keep unity
keep bullish
LIVE
Binance News
--
Crypto Investor Gains Significant Profits From FLOKI and MAGA Investments
According to Odaily, a crypto investor known as theunipcs.eth has made substantial profits from his investments in FLOKI and MAGA. Since April 8, the investor has spent 276.4 ETH, equivalent to $863,000, to purchase 45.6 billion FLOKI, which is now valued at $1.1 million. Additionally, the investor spent 18.45 ETH, or $57,000, to buy 62.7 billion MAGA, which is currently worth $3.48 million.
In less than two months, theunipcs.eth has profited $3.4 million from his MAGA investment, representing a 6005% increase. From his FLOKI investment, he has gained $245,000, a 28% increase. These figures highlight the potential profitability of cryptocurrency investments, although they also underscore the volatility and risk associated with such ventures.
In less than two months, theunipcs.eth has profited $3.4 million from his MAGA investment, representing a 6005% increase. From his FLOKI investment, he has gained $245,000, a 28% increase. These figures highlight the potential profitability of cryptocurrency investments, although they also underscore the volatility and risk associated with such ventures.
How Much Can Your Earn From Red Packet Giveaway? please click here & move it forward
$FLOKI
#FLOKISKYROCKET
#altcoins
#MemeWatch2024
$7,000 New York Campaign Challenge To participate:
1. Go to 1500 Broadway Ave and 43rd St in New York City and locate the billboard.
2. Use your phone to record the billboard screen. In the video, introduce yourself as a Floki Viking and state your Twitter handle.
3. Post your video on Twitter with hashtags $FLOKI #NYC & #FlokiNYC
4. Verify your entry via the Google form:
https://t.co/fOtfE8S2H4...
The first 7 to post will WIN $1,000 each! The campaign goes live on Friday, March 15th, and will run for 93 days.
#FLOKISKYROCKET
#altcoins
#MemeWatch2024
$7,000 New York Campaign Challenge To participate:
1. Go to 1500 Broadway Ave and 43rd St in New York City and locate the billboard.
2. Use your phone to record the billboard screen. In the video, introduce yourself as a Floki Viking and state your Twitter handle.
3. Post your video on Twitter with hashtags $FLOKI #NYC & #FlokiNYC
4. Verify your entry via the Google form:
https://t.co/fOtfE8S2H4...
The first 7 to post will WIN $1,000 each! The campaign goes live on Friday, March 15th, and will run for 93 days.
$FLOKI
#FlokiRoadmap2024
#Floki🔥🔥
#FLOKISKYROCKET
#altcoins
As you can see in my analysis on the 4 hour chart, the market is trying several times to break through the 50% support line, which at the price of 0.00021098 but at the time this analysis was written, $FLOKI was still adamant about not accepting low assessments from the market.
Hello Bidder.. please appreciate what #FLOKI✅ has, currently with the features & development it has it really deserves to be valued at least 1 USDT.
I personally foresee its value will continue to multiply along with the future roadmap & its developments. In the trading money flow analysis data, there are still slightly more bidders, and it is dominated by large capitalists
#FlokiRoadmap2024
#Floki🔥🔥
#FLOKISKYROCKET
#altcoins
As you can see in my analysis on the 4 hour chart, the market is trying several times to break through the 50% support line, which at the price of 0.00021098 but at the time this analysis was written, $FLOKI was still adamant about not accepting low assessments from the market.
Hello Bidder.. please appreciate what #FLOKI✅ has, currently with the features & development it has it really deserves to be valued at least 1 USDT.
I personally foresee its value will continue to multiply along with the future roadmap & its developments. In the trading money flow analysis data, there are still slightly more bidders, and it is dominated by large capitalists
Another FLOKI puzzles
It was really a very short short correction, Floki is still climbing...
The question for all Floki Holders "when does the burning event actually start & when does it end?"
$FLOKI
#PuzzleQuest
#BinanceSquareFamily
#BurnBabyBurn
It was really a very short short correction, Floki is still climbing...
The question for all Floki Holders "when does the burning event actually start & when does it end?"
$FLOKI
#PuzzleQuest
#BinanceSquareFamily
#BurnBabyBurn
LIVEDemang_Alteca
--
$FLOKI will have a short correction..
you may use it for take some short/sell opportunity
i put order to buy back at support level as shown here
#DYOR
you may use it for take some short/sell opportunity
i put order to buy back at support level as shown here
#DYOR
$FLOKI will have a short correction..
you may use it for take some short/sell opportunity
i put order to buy back at support level as shown here
#DYOR
you may use it for take some short/sell opportunity
i put order to buy back at support level as shown here
#DYOR
$FLOKI has breaking up the 0.618 fibo during the date marks as its 15.2 Billion coins burning. It support inline with my previous analysis.
It is time to follow & enjoy $FLOKI skyrocket journey
I wish I had 1 Million $FLOKI
It is time to follow & enjoy $FLOKI skyrocket journey
I wish I had 1 Million $FLOKI
LIVEDemang_Alteca
--
Bullish
$FLOKI
#HoldForHugeProfits
#altcoins
#memebull
#memecoin🚀🚀🚀
#FlokiRoadmap2024
If $FLOKI able to hop & steady (in term of Daily chart) above the green line which is 0.000236 (the 0.618 daily fibo that will be perfect for buy setup.
Currently it is steady above EMA50, 100, 200 on 4H chart's which is pretty strong holding its position.
#HoldForHugeProfits
#altcoins
#memebull
#memecoin🚀🚀🚀
#FlokiRoadmap2024
If $FLOKI able to hop & steady (in term of Daily chart) above the green line which is 0.000236 (the 0.618 daily fibo that will be perfect for buy setup.
Currently it is steady above EMA50, 100, 200 on 4H chart's which is pretty strong holding its position.
$FLOKI
15.2 Billion Coins Burns for Optimization
### What Does the Future Hold?
#Factors Influencing FLOKI Price
1. **Market Sentiment**
+ The overall sentiment in the cryptocurrency market greatly has positive impacts
2. **Community Engagement**
+ $FLOKI has a strong and active community. Community-driven initiatives and engagement can play a significant role in sustaining interest and driving demand for the coin.
3. **Partnerships and Developments**
+ Strategic partnerships, listings on major exchanges, and new developments in the FLOKI ecosystem can positively influence its price. Keeping an eye on announcements from the development team is crucial.
4. **Market Trends**
+ Broader market trends, including the performance of Bitcoin and Ethereum, often set the tone for altcoins. A bullish trend in the crypto market can lift $FLOKI
5. **Regulatory Environment**
+ Regulatory news and developments can have a significant impact on all cryptocurrencies, including FLOKI INU. Changes in regulations in major markets can create volatility.
# Price Prediction
It's important to note that price predictions are speculative and should be taken with caution. Here are some potential scenarios based on current trends:
**Short-Term (Next 1-3 Months)**
+ If the current positive sentiment in the crypto market continues and maintains its community engagement and development momentum, it could see a modest increase in price. Potential short-term targets could range from a 10% to 300% increase from its current levels.
#Conclusion
Predicting the price of FLOkKI INU , like any cryptocurrency, is challenging due to the inherent volatility and speculative nature of the market. While there are factors that could drive its price up, there are also risks that could lead to declines. Investors should conduct thorough research and consider their risk tolerance before investing in meme coins like FLOKI INU.
15.2 Billion Coins Burns for Optimization
### What Does the Future Hold?
#Factors Influencing FLOKI Price
1. **Market Sentiment**
+ The overall sentiment in the cryptocurrency market greatly has positive impacts
2. **Community Engagement**
+ $FLOKI has a strong and active community. Community-driven initiatives and engagement can play a significant role in sustaining interest and driving demand for the coin.
3. **Partnerships and Developments**
+ Strategic partnerships, listings on major exchanges, and new developments in the FLOKI ecosystem can positively influence its price. Keeping an eye on announcements from the development team is crucial.
4. **Market Trends**
+ Broader market trends, including the performance of Bitcoin and Ethereum, often set the tone for altcoins. A bullish trend in the crypto market can lift $FLOKI
5. **Regulatory Environment**
+ Regulatory news and developments can have a significant impact on all cryptocurrencies, including FLOKI INU. Changes in regulations in major markets can create volatility.
# Price Prediction
It's important to note that price predictions are speculative and should be taken with caution. Here are some potential scenarios based on current trends:
**Short-Term (Next 1-3 Months)**
+ If the current positive sentiment in the crypto market continues and maintains its community engagement and development momentum, it could see a modest increase in price. Potential short-term targets could range from a 10% to 300% increase from its current levels.
#Conclusion
Predicting the price of FLOkKI INU , like any cryptocurrency, is challenging due to the inherent volatility and speculative nature of the market. While there are factors that could drive its price up, there are also risks that could lead to declines. Investors should conduct thorough research and consider their risk tolerance before investing in meme coins like FLOKI INU.
$FLOKI skyrocket
LIVECryptoNewsLand
--
FLOKI Marks Date to Burn 15,246,000,000 Tokens Following Floki DAO Vote, FLOKI Price Surges By Ov...
FLOKI makes a bullish announcement amidst the Bitcoin (BTC) and Ether (ETH) rally.
The project will burn over 15 billion FLOKI tokens on May 22, 2024.
The price of FLOKI is already bullish, and is up by 10% in the last 24 hours.
Floki just confirmed the date for its latest token burn. In detail, 15,246,000,000 FLOKI tokens were burned after a unanimous 99.84% vote to burn the tokens by the Floki Community, specifically, the Floki DAO.
In line with the decision of the #Floki DAO, 15,246,000,000 $FLOKI tokens will be burnt on May 22, 2024.The #Floki DAO voted in favor of burning 15,246,000,000 $FLOKI tokens, with an overwhelming majority of 99.84% voting in favor of the burn.Stay tuned for further updates! https://t.co/aHBUmTepbD
— FLOKI (@RealFlokiInu) May 20, 2024
As we can see from the official FLOKI post above, the burn date has been set for May 22, 2024. The community promises updates soon. No doubt, the FLOKI Army is hoping to see the FLOKI price soar soon after.
The news is already causing bullish action towards FLOKI price. As FLOKI prepares for a bullish week ahead surrounding the massive burn, the price of FLOKI is already moving in an upward rally.
According to CoinMarketCap, the price of FLOKI is up by over 10% in the last 24 hours. The asset is currently at the value of $0.0002127, this is slightly lower than its previously set ATH at the price of $0.0003437.
Part of the bullish surge could be a contribution for the ongoing bullish rally of Bitcoin (BTC). The pioneer crypto asset has soared past $71,000 and is moving steadily towards its previous ATH of $73,737. Many analysts expert Bitcoin to set new ATHs as the asset has reentered its discovery phase.
The next leg up for Bitcoin (BTC) is expected to be at the $80,000 price range. Of course, when Bitcoin moons, Ethereum is not far behind. Today, ETH price also shot up at an incredible rate and a big reason is high expectation for an early ETH ETF approval.
Many traders speculate the confirmation of an early ETH ETF approval to be the start of the altseason. This means bullish sentiment is ablaze in the crypto space and new ATHS are on the way for every altcoin and memecoin in the space.
Certainly, the latest FLOKI burn is only adding to the excitement. We will have to wait and see where this bullish season is headed for Bitcoin, Ethereum, and FLOKI. Can FLOKI beat its ATH this week?
Read Also
FLOKI Prediction 2025: When Will FLOKI Break the $0.003 Barrier?
How Will Floki Inu Achieve Its $0.000093 Milestone in 2024?
FLOKI Sets Date for Roadmap Unveiling, Core Contributor Teases Serious Moves
FLOKI DAO Proposes Burning Over 15B FLOKI Tokens Amidst Bullish Bitpanda Listing and Binance Pay Page Reveal, FLOKI Price Spike Incoming?
99.84% of FLOKI DAO Votes for Another Massive Token Burn of 15,246,000,000 FLOKI Tokens Within the Week, Bullish Week Ahead?
The post FLOKI Marks Date to Burn 15,246,000,000 Tokens Following Floki DAO Vote, FLOKI Price Surges by Over 10% Amidst Bullish News appeared first on Crypto News Land.
The project will burn over 15 billion FLOKI tokens on May 22, 2024.
The price of FLOKI is already bullish, and is up by 10% in the last 24 hours.
Floki just confirmed the date for its latest token burn. In detail, 15,246,000,000 FLOKI tokens were burned after a unanimous 99.84% vote to burn the tokens by the Floki Community, specifically, the Floki DAO.
In line with the decision of the #Floki DAO, 15,246,000,000 $FLOKI tokens will be burnt on May 22, 2024.The #Floki DAO voted in favor of burning 15,246,000,000 $FLOKI tokens, with an overwhelming majority of 99.84% voting in favor of the burn.Stay tuned for further updates! https://t.co/aHBUmTepbD
— FLOKI (@RealFlokiInu) May 20, 2024
As we can see from the official FLOKI post above, the burn date has been set for May 22, 2024. The community promises updates soon. No doubt, the FLOKI Army is hoping to see the FLOKI price soar soon after.
The news is already causing bullish action towards FLOKI price. As FLOKI prepares for a bullish week ahead surrounding the massive burn, the price of FLOKI is already moving in an upward rally.
According to CoinMarketCap, the price of FLOKI is up by over 10% in the last 24 hours. The asset is currently at the value of $0.0002127, this is slightly lower than its previously set ATH at the price of $0.0003437.
Part of the bullish surge could be a contribution for the ongoing bullish rally of Bitcoin (BTC). The pioneer crypto asset has soared past $71,000 and is moving steadily towards its previous ATH of $73,737. Many analysts expert Bitcoin to set new ATHs as the asset has reentered its discovery phase.
The next leg up for Bitcoin (BTC) is expected to be at the $80,000 price range. Of course, when Bitcoin moons, Ethereum is not far behind. Today, ETH price also shot up at an incredible rate and a big reason is high expectation for an early ETH ETF approval.
Many traders speculate the confirmation of an early ETH ETF approval to be the start of the altseason. This means bullish sentiment is ablaze in the crypto space and new ATHS are on the way for every altcoin and memecoin in the space.
Certainly, the latest FLOKI burn is only adding to the excitement. We will have to wait and see where this bullish season is headed for Bitcoin, Ethereum, and FLOKI. Can FLOKI beat its ATH this week?
Read Also
FLOKI Prediction 2025: When Will FLOKI Break the $0.003 Barrier?
How Will Floki Inu Achieve Its $0.000093 Milestone in 2024?
FLOKI Sets Date for Roadmap Unveiling, Core Contributor Teases Serious Moves
FLOKI DAO Proposes Burning Over 15B FLOKI Tokens Amidst Bullish Bitpanda Listing and Binance Pay Page Reveal, FLOKI Price Spike Incoming?
99.84% of FLOKI DAO Votes for Another Massive Token Burn of 15,246,000,000 FLOKI Tokens Within the Week, Bullish Week Ahead?
The post FLOKI Marks Date to Burn 15,246,000,000 Tokens Following Floki DAO Vote, FLOKI Price Surges by Over 10% Amidst Bullish News appeared first on Crypto News Land.
$FLOKI BREAKOUT Run Eyes $0.00040
LIVECoinpedia
--
PEPE, FLOKI, BONK Price Analysis Hints a Bull Run
The post PEPE, FLOKI, BONK Price Analysis Hints A Bull Run appeared first on Coinpedia Fintech News
With the Ethereum ETF approval kickstarting a bull run in altcoins, meme coins are preparing for a massive rally. With the high momentum moves possible, low-cap weight, and strong community support, these are the best bets for traders.
Being the top performers, PEPE, FLOKI and BONK are rolling with the additional boost from the market. So, let’s take a look at the price analysis of these top meme coins ready for a rally this month.
Post-Retest Rally Boosts This Meme Coin
In the 1D chart, the PEPE price trend shows a massive overnight surge of 24.63% to form a bullish engulfing candle. The sudden jump in the meme coin comes marks a successful retest of the 50% Fibonacci level.
Tradingview
With a market cap of $4.65 Billion, the PEPE price ranks at 24th position in the crypto world. Further, the $2.24 Billion trading volume with an 182% rise within 24 hours reflects a rise in buying activity.
Further, the meme coin closed strong last night at $0.00001142. However, the intraday drop of 2.90% reflects a minor correction and exhaustion in buyers.
In case the bull run continues with the broader market recovery, the uptrend in PEPE price could hit the $0.000019 mark at the 1.618 Fibonacci level.
FLOKI Breakout Run Eyes $0.00040
Siphoning bullish momentum from the rising market, the FLOKI price jumped by 11.61% last night. This results in a bullish engulfing candle and challenges the 50% Fibonacci level.
TradingView
Further, the higher high formation in the meme coin following the double bottom breakout teases a bull run ahead. The momentum indicators, like the RSI and DMI, support the positive trend with the underlying increase in demand.
As per the Fibonacci levels, the FLOKI token with a $2 Billion market cap can scale up to the 1.618 level at $0.00040. The sideline traders can find an entry spot with the meme coin price above $0.00021.
BONK Rally Eyes 70% Rise
With a 21% jump last night, the Solana-based meme coin BONK price takes off for a new bull run. The bull run comes with a massive
TradingView
With the breakout rally gaining momentum and an overnight jump of 10%, the meme coin is challenging the 50% Fibonacci retracement level. On a positive note, the golden crossover in the 4H chart increases the uptrend possibility.
As per the Fibonacci levels, the uptrend could hit the $0.00005877 mark or the 1.618 FIbonacci level.
Will These Meme Coins Rise This Month?
With the rising Ethereum prices, the altcoins like meme coins are on the rise. Further, the price action of each token supports the potential bull run. Hence, the upcoming month could be extremely bullish for the PEPE, BONK and FLOKI tokens.
With the Ethereum ETF approval kickstarting a bull run in altcoins, meme coins are preparing for a massive rally. With the high momentum moves possible, low-cap weight, and strong community support, these are the best bets for traders.
Being the top performers, PEPE, FLOKI and BONK are rolling with the additional boost from the market. So, let’s take a look at the price analysis of these top meme coins ready for a rally this month.
Post-Retest Rally Boosts This Meme Coin
In the 1D chart, the PEPE price trend shows a massive overnight surge of 24.63% to form a bullish engulfing candle. The sudden jump in the meme coin comes marks a successful retest of the 50% Fibonacci level.
Tradingview
With a market cap of $4.65 Billion, the PEPE price ranks at 24th position in the crypto world. Further, the $2.24 Billion trading volume with an 182% rise within 24 hours reflects a rise in buying activity.
Further, the meme coin closed strong last night at $0.00001142. However, the intraday drop of 2.90% reflects a minor correction and exhaustion in buyers.
In case the bull run continues with the broader market recovery, the uptrend in PEPE price could hit the $0.000019 mark at the 1.618 Fibonacci level.
FLOKI Breakout Run Eyes $0.00040
Siphoning bullish momentum from the rising market, the FLOKI price jumped by 11.61% last night. This results in a bullish engulfing candle and challenges the 50% Fibonacci level.
TradingView
Further, the higher high formation in the meme coin following the double bottom breakout teases a bull run ahead. The momentum indicators, like the RSI and DMI, support the positive trend with the underlying increase in demand.
As per the Fibonacci levels, the FLOKI token with a $2 Billion market cap can scale up to the 1.618 level at $0.00040. The sideline traders can find an entry spot with the meme coin price above $0.00021.
BONK Rally Eyes 70% Rise
With a 21% jump last night, the Solana-based meme coin BONK price takes off for a new bull run. The bull run comes with a massive
TradingView
With the breakout rally gaining momentum and an overnight jump of 10%, the meme coin is challenging the 50% Fibonacci retracement level. On a positive note, the golden crossover in the 4H chart increases the uptrend possibility.
As per the Fibonacci levels, the uptrend could hit the $0.00005877 mark or the 1.618 FIbonacci level.
Will These Meme Coins Rise This Month?
With the rising Ethereum prices, the altcoins like meme coins are on the rise. Further, the price action of each token supports the potential bull run. Hence, the upcoming month could be extremely bullish for the PEPE, BONK and FLOKI tokens.
$FLOKI have positive in flow approaching its 15.2B Coins burning, technically the daily chart has supporting the movement
See original
$FLOKI
LIVEFloki Inu
--
Valhalla Open World Live Gameplay! 🔴
Watch how you can explore the world of #Valhalla, search for Veras, or complete Daily Quests! 🔥
Feel free to ask any questions about our NFT blockchain game, currently on testnet.
Join us at:
Watch how you can explore the world of #Valhalla, search for Veras, or complete Daily Quests! 🔥
Feel free to ask any questions about our NFT blockchain game, currently on testnet.
Join us at:
LIVEDemang_Alteca
--
Bullish
It is time to invest more in crypto assets.
Don't missed the flight
$FLOKI
$BB
$GRT
Don't missed the flight
$FLOKI
$BB
$GRT
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