#FLOKI? Price About to Break ATH, Is This the Next Meme Coin to Explode?
The Floki Inu (#FLOKI? ) meme coin has seen notable market movements as it approaches its all-time high set nearly three years ago. With a surge in price and trading volume, analysts predict FLOKI is on the verge of breaking its previous record. The tokenâs upward trajectory is further bolstered by a substantial investment from DWF Labs, signalling growing institutional interest in the meme coin sector.
FLOKIâs Price Analysis
At press time, #FLOKI? trades at $0.000324, just 5.8% below its all-time high of $0.0003437, achieved on November 4, 2021. The tokenâs current price reflects a substantial 23.15% increase in the last 24 hours and a 9.03% rise in the past week. Moreover, FLOKIâs daily trading volume stands at $934,025,009.49, indicating heightened investor interest.
This resurgence has caught the attention of crypto experts, who are optimistic about FLOKIâs potential to surpass its previous peak. CryptoKaleo, a top analyst, tweeted, â$FLOKI â Retesting its 2021 ATH. Clean HTF cup & handle. BNB is on the verge of price discovery. Memecoin super cycle.â He further predicts that FLOKI could reach a market cap exceeding $10 billion in its next upward move.
New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!
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Show more +Show less â FLOKI Technical Analysis
Technical indicators also support the bullish outlook for FLOKI. CryptoKaleo also points out a âClean HTF cup & handleâ pattern in FLOKIâs chart. This pattern, typically a bullish signal, suggests a potential upward breakout after a period of consolidation. The patternâs presence on a higher time frame (HTF) chart lends additional credibility to this forecast.