Carbon

FLOKI

Today, the overall cryptocurrency market, especially the crypto-meme sector, has experienced a massive surge of over 11% in the last 24 hours. Additionally, on March 21, 2024, FLOKI unexpectedly rallied over 30%, following a price fall of over 40% since March 14, 2024. Why FLOKI price is increasing? 
The significant price surge in the last 24 hours following the bearish market has caught everyone’s attention. However, this surge in FLOKI’s price can be attributed to several key factors. Firstly, it’s due to the upcoming announcements highlighted by the crypto influencer HeadKing, scheduled for March 21 and 22, 2024.
However, these announcements are expected to reveal a massive marketing plan and comprehensive roadmap, creating excitement among FLOKI supporters and fueling bullish momentum. Additionally, FLOKI has strategically collaborated withCarbon Browser to boost its visibility, making it easier to use across different platforms and attracting more investors. 
Besides the collaboration and upcoming announcements, FLOKI’s team has burned over 5.86 million tokens recently. According to the data, FLOKI is planning to release over 88.71 billion of its tokens from circulation this month. However, this reduction in the token supply, combined with growing demand, has naturally increased the price of FLOKI. FLOKI technical analysis and upcoming levels 
Following all these developments around FLOKI, it is currently trading near $0.0002, and in the last 24 hours, it experienced a price surge of over 30%. If we look at the performance of FLOKI over a longer period, in the last 7 days, it experienced a downside momentum of over 17%, whereas in the last 30 days, it has experienced a massive price surge of over 570%.
According to expert technical analysis, FLOKI in the 4-hour time frame is looking bullish. If we examine the FLOKI chart in a 4-hour time frame, it recently broke out of the trendline and surged more than 16%. However, there is a possibility that for the next few hours, FLOKI may consolidate and then experience a massive price surge to $0.0003.
Besides FLOKI, other meme coins also experienced a decent price surge in the last 24 hours. <a href="https://news.todayq.com/pepe-doge-soars-while-top-cryptos-print-red/" rel="noopener noreferrer nofollow">Top meme coins </a>like DOGE, SHIB, PEPE, and WIF experienced price surges of 12%, 5%, 8%, and 9% respectively.

FLOKI soars 30%, leaves DOGE and SHIB behind

Todayq News

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