Floki (FLOKI) Rockets 20% & Leads Meme Coin Rally, Retro P2E Coin PlayDoge Takes Off In Final Stages of Viral Presale Phase
- WBOYOriginal
- 2024-08-23 06:28:22997browse
The meme coin craze shows no signs of slowing, and today, the spotlight is on Floki (FLOKI). FLOKI has surged 20% in the past 24 hours, claiming the top spot on
Floki (FLOKI) has surged 20% in the past 24 hours, leading a rally among meme coins and emerging as the top gainer on CoinMarketCap.
The meme coin, named after Elon Musk's dog, has been rallying and is now up for the fourth consecutive day.
If the momentum continues, it could mark the best daily close since mid-July.
Zooming out, the coin has dropped 90% from its all-time high and is still down by 80% year-to-date.
But the recent price action has sparked hopes among long-term holders who have endured the volatility of the past few weeks.
Soccer Partnerships, Binance Airdrop Boost FLOKI's Price
Taking a closer look at FLOKI's performance, a few key factors have contributed to the recent surge in price.
Firstly, FLOKI has made a significant impact in the soccer world by securing partnerships with English Football League teams.
This move will provide major exposure for the meme coin, as the Floki logo and its P2E game, Valhalla, will be featured across EPL platforms.
With millions of fans tuning in each week, it's like putting up a massive billboard for those curious about crypto.
Secondly, Binance recently announced an airdrop for Simon's Cat (CAT) tokens, which has gotten FLOKI holders excited.
20% of the total CAT supply is up for grabs, and anyone holding at least 400,000 FLOKI tokens is eligible for a share.
Unsurprisingly, this has boosted demand for FLOKI.
The combination of high-profile sports partnerships and the excitement of a free token airdrop is what's behind FLOKI's price rally, showcasing once again how quickly fortunes can change for meme coins.
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