Shiba Inu and Floki Skyrocket With £800 Million Whale Volume – Is a Meme Rally About to Explode?
Canine meme coins Shiba Inu (£SHIB) and Floki (£FLOKI) are rallying in line with the rest of crypto’s meme coin sector, which grew 10% in the last 24 hours to post a collective market cap of £67.9 billion.
Both Shiba Inu and Floki rose 9% overnight and now retail for £0.00001864 and £0.0001445 respectively.
Most canine-themed coins appear to have tracked the wider sector, with OG meme coin Dogecoin (£DOGE) rising as much as 13% in 24 hours (and a sweltering 16.5% in the last seven days) to trade at £0.1658.
In fact, the only canine-themed cryptocurrency among the Big Five that didn’t grow by around 10% was Solana’s Bonk (£BONK). Bonk grew 4% to reach £0.00002172.
Floki and Bonk are also the only two blue chip doge coins to depreciate over the week. Bonk fell 7% while Floki fell 4%.
In general, the market is following Bitcoin (£BTC), which grew 3.4% overnight and now trades at £71,165.
