FLOKI

A contender to the meme <a href="https://finbold.com/cryptocurrencies/" rel="noopener noreferrer nofollow">cryptocurrency</a> throne and dog-themed token vying to become the next Dogecoin (<a href="https://finbold.com/cryptocurrency/dogecoin/" rel="noopener noreferrer nofollow">DOGE</a>) or Shiba Inu (<a href="https://finbold.com/cryptocurrency/shiba-inu/" rel="noopener noreferrer nofollow">SHIB</a>), FLOKI (<a href="https://finbold.com/cryptocurrency/floki/" rel="noopener noreferrer nofollow">FLOKI</a>) has indeed made significant progress recently, its price soaring nearly 40% and pushing the multi-chain token into the top 100 <a href="https://finbold.com/guides/cryptocurrency/" rel="noopener noreferrer nofollow">crypto</a> assets by market capitalization.As it happens, FLOKI has increased its price to highs not seen since February 2022, coinciding with the <a href="https://twitter.com/RealFlokiInu/status/1650574856138940417" rel="noopener noreferrer nofollow">deployment</a> of <a href="https://finbold.com/guide/cryptocurrency-staking-guide/#What_is_cryptocurrency_staking" rel="noopener noreferrer nofollow">staking</a> on the platform’s testnet, as well as a <a href="https://support.binance.us/hc/en-us/articles/14072812055191-Binance-US-Lists-FLOKI-FLOKI-Deposit-Now" rel="noopener noreferrer nofollow">listing</a> on Binance.US, the American branch of the <a href="https://finbold.com/guide/cryptocurrency-trading/" rel="noopener noreferrer nofollow">crypto trading</a> platform <a href="https://finbold.com/review/binance-review/" rel="noopener noreferrer nofollow">Binance</a>, according to the information shared by the token’s team on April 23 and April 24.At the same time, FLOKI’s market capitalization received an influx of nearly $110 million or 38.97%, having soared from $276.18 million to $383.80 million in just 24 hours (and growing), allowing FLOKI to enter the list of the top 100 digital assets by this indicator in the <a href="https://finbold.com/category/cryptocurrency-news/" rel="noopener noreferrer nofollow">crypto industry</a>, as per the latest <a href="https://finbold.com/guide/best-crypto-data-websites/#CoinMarketCap" rel="noopener noreferrer nofollow">CoinMarketCap</a> data.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/ee4c9d420f4f4c05bdf5ac57812e9079.png" />FLOKI’s position in the top 100 cryptocurrencies. Source: <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarketCap</a>Interestingly, the dog meme token reached its all-time high (ATH) in September 2021, when Tesla (NASDAQ: <a href="https://finbold.com/stock/tesla-tsla/" rel="noopener noreferrer nofollow">TSLA</a>) and Twitter (NYSE: <a href="https://finbold.com/stock/twitter-stock-twtr/" rel="noopener noreferrer nofollow">TWTR</a>) CEO Elon Musk <a href="https://twitter.com/elonmusk/status/1437179881260032016" rel="noopener noreferrer nofollow">named his dog Floki</a>, resulting in a FLOKI frenzy. More recently, the token soared 40% in February 2023 after Musk <a href="https://twitter.com/elonmusk/status/1625695877326340102" rel="noopener noreferrer nofollow">posted</a> a series of images of the dog posing at the new CEO of Twitter.<h2 id="header-0">FLOKI price analysis</h2>At press time, FLOKI was trading at the price of $0.00003891, recording an increase of 34.82% in the last 24 hours, in addition to growing its value 2.94% across the previous week and gaining 9.72% on its monthly chart, as well as dramatically growing its daily trading volume, according to the data from April 25.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/d5eda7c11d974aea8cf0a99704391712.PNG" />FLOKI 7-day price chart. Source: <a href="https://finbold.com/cryptocurrency/floki/" rel="noopener noreferrer nofollow">Finbold</a>As a reminder, FLOKI was one of Finbold’s <a href="https://finbold.com/top-5-cryptocurrencies-under-0-10-to-buy-in-march-2023/" rel="noopener noreferrer nofollow">top 5 cryptocurrencies under $0.10 to buy in March 2023</a>, an <a href="https://finbold.com/guides/investing/" rel="noopener noreferrer nofollow">investment</a> that looks to be paying out. Whether the <a href="https://finbold.com/guide/bull-market-definition/" rel="noopener noreferrer nofollow">bullish</a> momentum sticks will depend on further developments around the dog meme token, as well as the general atmosphere on the wider crypto and macroeconomic landscapes.Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.Read more cryptocurrency news on <a href="https://finbold.com/category/cryptocurrency-news/?utm_source&#61;CMC&amp;utm_medium&#61;social&amp;utm_campaign&#61;CMC&amp;utm_content&#61;long" rel="noopener noreferrer nofollow">Finbold.com</a>.

FLOKI’s explosive 40% surge propels it to the top 100 cryptocurrencies

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Andre artikler udgivet 25. apr. 2023

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