Floki Price Prediction As FLOKI Hits A New ATH With 26% Pump And This P2E Dogecoin Derivative Blasts Past $2 Million

Floki Price Surge: ATH Broken Amidst Ecosystem Support

In the past 24 hours, Floki has soared 26% to reach $0.0003420 at 3:41 AM EST, with a trading volume that has simultaneously plunged 82% to a mere $5 million.

This surge follows FLOKI's recent climb to a new all-time high of $0.0003449 and a 6% gain in the broader meme coin market, which has now reached a market capitalization of $65 billion.

Driving the ATH for FLOKI was the decision by DWF Labs to acquire $12 million worth of Floki tokens, a move aimed at bolstering the project's evolving ecosystem.

Floki Price Poised for Continued Bullish Run

Since May, Floki's price has been on an upward trajectory, amassing 68% gains in the last 30 days. Its trading pattern has been confined within a rising channel, as per data from GeckoTerminal.

Bullish sentiment prevails, with the aim of sustaining the momentum beyond the upper boundary of the rising channel.

Supporting this bullish potential is FLOKI's price action, which is trading significantly above both the 50-day and 200-day Simple Moving Averages (SMAs).

Additionally, on the 4-hour chart, the Relative Strength Index (RSI) is hovering over 70, currently at 80, indicating strong buying pressure and sustained optimism among investors.

The Moving Average Convergence Divergence (MACD) line (blue) has crossed over the signal line (orange), forming a bullish crossover that encourages buyers to enter the market. The extending green bars on the histogram also suggest a positive momentum for FLOKI.

Floki Price Prediction

Floki's price analysis reveals a strong bullish trend, with the token having already surpassed the upper boundary of the rising channel pattern.

The MACD and RSI indicators suggest continued buying activity, potentially driving the price higher. Bulls are currently eyeing a new ATH of $0.00045.

However, given the extreme overbought status of the asset, profit-taking could lead to a pullback towards $0.000268, which coincides with the 50-day SMA.

PlayDoge: A New Contender in the Meme Coin Space

As Floki's popularity grows, investors are exploring a new DOGE derivative called PlayDoge. This ICO aims to emulate the success of other canine-themed tokens like Dogecoin and Shiba Inu (SHIB).

PlayDoge Presale Surpasses $2.2 Million

PlayDoge has had a remarkable presale launch, raising over $2.2 million in just over a week. The project revolves around a mobile play-to-earn (P2E) game that allows users to earn $PLAY tokens by nurturing their virtual pet.

The project operates on the BNB Smart Chain, providing users with seamless integration of gaming activities and transaction efficiency.

Moreover, $PLAY holders can earn passive income through staking, with an annual percentage yield (APY) of 142%.

Prominent crypto analyst and YouTuber Jacob Bury believes PlayDoge has the potential for a 10X surge post-launch.

To participate in the presale, purchase $PLAY tokens from the official website using BNB, USDT, or a bank card for the best deal.

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