The Floki price surged by a fraction of a percentage in the last 24 hours and 14% in the last week to trade at $0.0001527 as of 00:41 a.m. EST, on trading volume that dropped 11% to $791 million.
According to on-chain metrics from IntoTheBlock, holders making money at the current price are higher, with a 75% surge.
Floki Price To Continue Soaring
The Floki price has been on a tear in the last week, as FLOKI soared from the $0.00012 level, but the bulls have been unable to breach the $0.000160, according to data from GeckoTerminal .
The recent price movements in the last seven days have formed an ascending triangle pattern as the bulls aim to sustain the bullish stance over the triangle.
FLOKI now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the current bullish rally.
The Relative Strength Index (RSI) trades in equilibrium at 52 but shows signs of an uptrend.
If the bulls peak momentum at this level, FLOKI could soar above the triangle, as they target $0.000180. The 50-day SMA has now surpassed the 200-day SMA, forming a golden cross at $0.0001389, which further adds to the bullish prospects.
FLOKIUSD Chart Analysis Source: GeckoTerminal.com
Conversely, if the price goes through a correction at this level, FLOKI could plunge back to $0.0001372 (200-day SMA).
As the FLOKI price bulls search for buying signals to push the token up, other investors are rushing to buy the new Olympic-themed meme token, The Meme Games (MGMES) , which has already amassed over $401K in its ongoing presale.
According to 99Bitcoin, a prominent YouTube channel with over 706K subscribers, $MGMES could soar 100X after its launch.
The Meme Games ICO Raises Over $401K, Soaring Towards $500K
The Meme Games is an innovative gamified meme token project that combines popular crypto meme characters. Such a unique concept rewards presale buyers with token bonuses for winning events, which add an exciting competitive element.
Olympic Games-themed cryptocurrency The Meme Games packages five top meme coin projects in a novel, fun, and profitable purchase-and-play format. After the Olympics, the project aims to capitalize on the hype surrounding the Paralympics kicking off in Paris.
The meme coins participating in The Memes Games are Dogecoin ($DOGE), Pepe ($PEPE), DogWifHat ($WIF), Brett ($BRETT) and Turbo ($TURBO).
Selecting a meme athlete takes place randomly and is verified by blockchain technology, which ensures fairness.
Token holders can earn passively from the project’s staking mechanism by buying and staking $MGMES for an impressive percentage yield (APY) of 479%.
You can buy $MGMES tokens for $0.00935 each. But buy soon to lock in the best deal, as a price hike will come in about two days.
To join the presale, buy $MGMES from the official website here using ETH, BNB, USDT, or a bank card. Buy now to win a 25% bonus on your investment.
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