dogwifhat

Rally

FLOKI

Shiba Inu

<p>Amidst the crypto bloodbath that pulled Bitcoin down below $60,000, meme coins are showing signs of recovery. While BTC and ETH hasn’t exhibited major recovery signs, dogwifhat (WIF) and Floki Inu (FLOKI) are showing positive rally. </p> 
<h2 class="wp-block-heading" id="dogwifhat-wif-surges-22-52-amid-whale-activity">dogwifhat (WIF) Surges 22.52% Amid Whale Activity</h2> 
<p>dogwifhat (WIF) has experienced a major uptick, rising 22.52% in the past 24 hours to reach $1.87. A part of the rise in price can be attributed to the increased whale activity.</p> 
<p>Lookonchain has reported notable whale activity in WIF:</p> 
<ol> 
 <li>A whale who previously lost $4.63 million on WIF has re-entered the market, <a href="https://x.com/lookonchain/status/1805423447243473310" target="_blank" rel="noreferrer noopener nofollow">spending</a> 3.77 million USDT to acquire 2.06 million WIF at an average price of $1.83. This move, buying at a higher price after selling low, highlights the FOMO (fear of missing out) sentiment currently surrounding WIF.</li> 
 <li>Another early WIF investor has <a href="https://x.com/lookonchain/status/1805420708920803793" target="_blank" rel="noreferrer noopener nofollow">increased</a> their position, purchasing an additional 938,434 WIF (worth $1.6 million) just four hours ago. This investor, who initially bought 3.58 million WIF for only $21,000 in December 2023, now holds 3.97 million WIF valued at approximately $7.3 million.</li> 
</ol> 
<p>Crypto analyst <a href="https://x.com/VikingXBT/status/1805463975879987505" target="_blank" rel="noreferrer noopener nofollow">VikingXBT</a> suggests that if the recent market bottom is confirmed and the current price action is merely a deviation, the setup for WIF looks “super good.” This technical perspective adds to the bullish sentiment surrounding the token.</p> 
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 <img loading="lazy" decoding="async" width="1024" height="584" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-934-1024x584.png" alt="" class="wp-image-514631" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-934-1024x584.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-934-300x171.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-934-768x438.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-934-1536x876.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-934-2048x1169.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-934-263x150.png 263w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-934-100x57.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-934-613x350.png 613w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-934-788x449.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-934.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<h2 class="wp-block-heading" id="floki-inu-floki-gains-12-15-as-bulls-defend-support">Floki Inu (FLOKI) Gains 12.15% as Bulls Defend Support</h2> 
<p>Floki Inu (FLOKI) has also joined the <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank">meme</a> coin recovery, posting a 12.15% gain in the last 24 hours to reach $0.0001721. This upward movement comes as the token holds crucial support levels.</p>  
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   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
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<p>Several analysts have shared optimistic views on FLOKI’s current market position:</p> 
<ol> 
 <li><a href="https://x.com/TraderSteve_/status/1805468102861160670" target="_blank" rel="noreferrer noopener nofollow">TraderSteve</a> notes that despite a brief dip below the 78 Fibonacci retracement level, FLOKI quickly recovered. The analyst remains confident in their position, predicting that FLOKI could potentially “remove a 0” (increase by a factor of 10) this market cycle.</li> 
 <li><a href="https://x.com/CryptCollecter/status/1805335932582731925" target="_blank" rel="noreferrer noopener nofollow">Crypto Collector</a> views the recent 59% correction from FLOKI’s May top as a buying opportunity, suggesting now might be a good time to accumulate.</li> 
 <li>Analyst <a href="https://x.com/CryptoJelleNL/status/1805196026996826451" target="_blank" rel="noreferrer noopener nofollow">Jelle </a>points out that FLOKI is holding local support even as Bitcoin faces selling pressure due to Mt. Gox-related news. With the MACD close to flipping bullish and the impending launch of a Floki Trading Bot (which will use its revenue to buy and burn FLOKI tokens), Jelle advises keeping a close eye on FLOKI for those betting on the continuation of the bull market.</li> 
</ol> 
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<p>The price of Solana had also experienced an 8.79% in the last 24 hours, which helped SOL-based WIF to enter a bullish mode. However, top meme coins like Dogecoin and <a class="wpil_keyword_link" href="https://captainaltcoin.com/shiba-inu-price-prediction/" title="Shiba Inu" data-wpil-keyword-link="linked" target="_blank">Shiba Inu</a> has not yet started a notable recovery.</p> 
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<p>The post <a href="https://captainaltcoin.com/meme-coins-recover-dogwifhat-wif-and-floki-inu-floki-lead-the-rally/">Meme Coins Recover: dogwifhat (WIF) and Floki inu (FLOKI) Lead the Rally</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Meme Coins Recover: dogwifhat (WIF) and Floki inu (FLOKI) Lead the Rally

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