Pepe Coin

FLOKI

Shiba Inu

<p>Floki Inu has surged 800% in just a month, making the audience thousands of dollars in profit. It is just 19% away from its all-time-high value, and the ongoing hike of the crypto is raising the hopes of people for that to happen.</p>
<p>Will Floki Inu hit its ATH? Let’s discuss that in this blog.</p>
<h2 id="floki-inu-price-analysis">Floki Inu Price Analysis</h2>
<p>In the ongoing bullish market, <a href="https://coingape.com/price/floki-inu/" rel="noopener noreferrer nofollow">Floki Inu</a> is winning the race with a hike of 803% in just a month. It is trading at $0.0002819, with a 24.67% hike from yesterday. What’s more interesting is the trading volume of $2,264,243,636 after a 130% hike.</p>
<p>This kind of peak for FLOKI was last noticed in 2021 when it peaked at its all-time high of $0.0003437 on 4th November. For almost two and a half years, FLOKI has maintained a value between $0.000007562 to as high as $0.00005496.</p>
<p><a rel="noopener noreferrer nofollow" href="https://coinmarketcap.com/currencies/floki-inu/"><img decoding="async" src="https://coingape.com/wp-content/uploads/2024/03/image-76.png" alt="Floki Inu Price Analysis" width="987" height="557"></a></p>
<p>A week earlier, the Floki Inu team highlighted the growth of FLOKI recently through an X post. In the post, the team mentioned that FLOKI has created a new record of reaching $526 Million in trading volume over its FLOKI Staking and FlokiFi Locker combined.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">FLOKI REACHES ECOSYSTEM TVL OF $526M—ANOTHER RECORD HIGH<a href="https://twitter.com/hashtag/Floki?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Floki</a> has just crossed a total TVL of $526M across two of its key ecosystem products, just one day after reaching an ATH of $494 million:</p>
 <p>– Floki Staking: $389.6M<br>– FlokiFi Locker: $136.9M</p>
 <p>This impressive TVL, exceeding… <a href="https://t.co/Qjdu4EYwrR" rel="noopener noreferrer nofollow">pic.twitter.com/Qjdu4EYwrR</a></p>
 <p>— FLOKI (@RealFlokiInu) <a href="https://twitter.com/RealFlokiInu/status/1764624601911296178?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 4, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h3 id="reasons-why-floki-inu-might-hit-ath-anytime-soon">Reasons Why Floki Inu Might Hit ATH Anytime Soon?</h3>
<p>FLOKI’s popularity over the past is enough to keep the coin in demand. It is closer to reaching its ATH value and might cross that before this month ends, as it is only 19% away from it. There are three reasons for that to happen, and if the market is favored, it will grow even higher.</p>
<h4>Increasing community support</h4>
<p>The ongoing bull run was responsible for lifting the FLOKI prices initially, which increased people’s interest in this crypto. Once getting into the trend, things started spreading with word of mouth lurking more investors. As a result, the price increased continuously.</p>
<p>Another significant factor is whale interference. On 5 March, Lookonchain shared a whale withdrawal of 8.19B $FLOKI worth over $4.29 Million.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">A fresh wallet withdrew 28.19B <a href="https://twitter.com/search?q=%24FLOKI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FLOKI</a>($4.29M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> 40 mins ago.<a href="https://t.co/aJRdOG7A8T" rel="noopener noreferrer nofollow">https://t.co/aJRdOG7A8T</a> <a href="https://t.co/M5I3gzVaCh" rel="noopener noreferrer nofollow">pic.twitter.com/M5I3gzVaCh</a></p>
 <p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1764856893296775238?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 5, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>FLOKI was already a popular <a href="https://coingape.com/trending/top-5-meme-coins-with-100x-potential-in-2024/" rel="noopener noreferrer nofollow">meme coin</a> and had shown its potential by reaching the ATH value of $0.0003437. With a record of profit, the investors are expecting the same for this season as well.</p>
<h4>Floki Inu Token Burning</h4>
<p>FLOKI tokens’ increased hype is also associated with the token-burning news. On the 2nd of March, Floki Inu’s official X handle shared the information about the approval of the burning of 190,918,585,431.84 FLOKI tokens by FLOKI DAO. This amount of tokens are worth more than $24 Million and will help in the scarcity of the token, leading to increased price growth. This burning has been <a href="https://coingape.com/flokis-price-soars-following-massive-190-91b-token-burn/" rel="noopener noreferrer nofollow">completed successfully two days ago</a>.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">IT'S OFFICIAL: FLOKI DAO PASSES VOTE TO BURN 190,918,585,431.84 FLOKI TOKENS</p>
 <p>The <a href="https://twitter.com/hashtag/Floki?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Floki</a> DAO has voted in favor of burning 190,918,585,431.84 <a href="https://twitter.com/search?q=%24FLOKI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FLOKI</a> tokens. At the current market value, this is worth over $24 MILLION.</p>
 <p>In line with the decision of the Floki DAO, the tokens will… <a href="https://t.co/uGu0XFU5p9" rel="noopener noreferrer nofollow">pic.twitter.com/uGu0XFU5p9</a></p>
 <p>— FLOKI (@RealFlokiInu) <a href="https://twitter.com/RealFlokiInu/status/1763875721745694844?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 2, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h4>Increasing Meme Hype</h4>
<p>More than any other altcoin, meme coins have recorded the highest growth in the last few days. It included meme coins like <a href="https://coingape.com/price/pepe-coin/" rel="noopener noreferrer nofollow">Pepe Coin</a> with a 786% hike, <a href="https://coingape.com/price/shiba-inu/" rel="noopener noreferrer nofollow">Shiba Inu</a> with a 252% hike, and <a href="https://coingape.com/price/dogecoin/" rel="noopener noreferrer nofollow">Dogecoin</a> with a 112% growth. The crypto community has called it ‘<a href="https://coingape.com/trending/is-meme-season-the-new-bull-run/" rel="noopener noreferrer nofollow">meme season</a>,’ where meme coins have exhibited performances exceptionally well.</p>
<h3 id="conclusion">Conclusion</h3>
<p>Floki Inu prices have surged over the roof recently, creating a high demand for meme coins in the crypto market. If the analysis turns out to be true, FLOKI will continue to rise and cover its ATH soon. Read more about <a href="https://coingape.com/trending/shiba-inu-vs-pepe-coin-where-should-you-invest/" rel="noopener noreferrer nofollow">Shiba Inu vs Pepe Coin: where should you invest?&nbsp;</a></p>
<p>The post <a href="https://coingape.com/trending/floki-inu-is-to-hit-ath-by-month-end-heres-why/" rel="noopener noreferrer nofollow">Floki Inu Is To Hit ATH By Month End; Here’s Why?</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.</p>

Floki Inu Is To Hit ATH By Month End; Here’s Why?

Table of Contents

Coingape News Media

Other articles published on Mar 11, 2024

Is Poor UX Still Preventing Mass Adoption of Web3 Tech?

Bitcoin (BTC) Stability Boosts Pushd (PUSHD) Presale Momentum – Ethereum Classic (ETC) and Tether...

Team Behind Top Lending Protocol Launches Suilend on Sui (11 Mar)

Grayscale and Coinbase Meet with SEC to Push for Spot Ether ETFs

The Number of Altcoins Listed on Binance Futures is Increasing! 22 More Altcoins Added to the List!

Peter Schiff Warns Bill Ackman About Bitcoin in Counterargument to Michael Saylor

Join our free newsletter for daily crypto updates!