Floki moons 23%, as new P2E meme coin raises $2m

Floki and PlayDoge: Meme Coins on the Rise

Floki surges 28% amidst a broader cryptocurrency rally, driven by its connection to BNB, which is nearing its all-time high.

Floki's Surge Fueled by BNB's Momentum

Floki's gains stem from its association with BNB, which has witnessed a significant pump of 12%. FLOKI currently trades at $0.0003372, up 28% on the day, 14% for the week, and 75% for the month.

With a market cap of $3.2 billion and a 24-hour trading volume of $1.2 billion, Floki ranks among the top 100 cryptocurrencies. Its performance outshines Uniswap, the runner-up, which has gained 18%.

This surge brings Floki close to its 2021 ATH, which, according to CoinMarketCap data, is only 1.94% away. The prospect of further gains has drawn the attention of industry analysts.

PlayDoge: An Emerging Play-to-Earn Meme Coin

PlayDoge, a recently launched meme coin, has raised $2.1 million in its presale. Similar to Floki, it is a Play-to-Earn (P2E) game.

Drawing inspiration from Tamagotchi games, PlayDoge allows users to care for digital doge pets, earning rewards through interactions and mini-games.

The PLAY token, which grants access to rewards and other game-related functions, currently offers a lucrative 143% APY for staking, though this rate will decrease with the growth of the staking pool.

The PlayDoge presale price is $0.00503, but will increase upon reaching the $2.5 million raise mark or in two days.

BSC Ecosystem Benefits from BNB's Success

BNB's recent surge has benefited other BSC projects as well. PancakeSwap's CAKE token has gained 14%, while the ecosystem's total combined market cap has grown by 4.9%.