Meme Coin Price Rally Continues: PEPE Pumps 25%, FLOKI Follows
- WBOYOriginal
- 2024-07-19 14:14:07649browse
Meme coins have been increasing in price, with PEPE and FLOKI rising by 25% and 20% in the last 24 hours, respectively.
Meme coin prices have been rallying, with PEPE and FLOKI surging by 25% and 20% over the last 24 hours, respectively.
The sell-offs by Mt. Gox and the German government, which caused Bitcoin’s price to plummet in recent weeks, have paused. Bitcoin’s price has been recovering, leading many altcoins to follow suit.
PEPE Breaks Out, Poised For New All-Time High
PEPE has broken out of a falling wedge pattern, suggesting potential for further continuation. According to crypto analyst Dylan (@DylanTillEth), after a potential retest of the upper trendline, PEPE could be set for a strong move towards a new all-time high (ATH).
After a possible retest, the token’s price may experience a brief decline before resuming its upward trajectory. A breakout from a descending triangle could trigger a spike to the top of the channel and ultimately lead to a new ATH for the token, indicating a over 40% price increase from the current level.
FLOKI, A Meme Coin With A Difference
Bluntz (@Bluntz_Capital), a crypto expert, highlights FLOKI’s potential for a strong move. The expert points out clear technical signs indicating an upcoming surge in FLOPE’s price.
Bluntz’s chart shows that FLOKI’s price has been bouncing between two ascending trend lines. The expert anticipates a spike in FLOKI’s price from around $0.000174 to about $0.00035—a 100% price increase.
Utility Distinguishes FLOPE From Others
FLOKI possesses unique characteristics that distinguish it from other meme coins.
According to crypto analyst Mr. D (@Dhrubtim), FLOKI has outgrown being merely a meme; it has now transformed into a full-fledged Web3 project.
Why is $FLOKI different from any other meme coins? Why should you invest in $FLOKI? @RealFlokiInu $FLOKI, also known as Floki Inu, is a cryptocurrency that started as a meme coin but has evolved into a fully-fledged Web3 project. It is more than just a digital currency; it…
Unlike many other meme coins, FLOKI has tangible real-world applications. The Floki ecosystem includes elements such as Valhalla, a gaming metaverse, and FlokiFi, which offers decentralized finance services.
The “Floki Vikings” community has also contributed to important causes, such as providing earthquake relief and constructing schools in various countries. Notably, FLOKI was inspired by Elon Musk’s dog, which has helped the token forge a unique connection with its community.
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