Is It Too Late to Invest in Floki? Floki Price Leads as AI Meme Coin Readies for Exchange Listing
Over the last seven days, popular ERC-20 meme coin Floki ($FLOKI) outpaced crypto’s favorite doggy meme coins and rallied a blistering 23.7% to trade at $0.0002138.
Floki’s rally comes as a sea of green candles across most leading cryptocurrencies makes for an emerald market.
Leading cryptocurrency Bitcoin ($BTC) is the usual pacesetter, and in the last seven days, it appreciated by 8.4% to trade at $66,293 as of this writing.
The token underpinning DeFi’s busiest blockchain, Ethereum ($ETH), barely grew in price at all. It’s still trading at around $3,000 as it did this time last Thursday.
That means Floki outpaced both the market leaders and the three biggest canine meme coins this week. In comparison, Dogecoin ($DOGE) only grew 6.5%, Shiba Inu ($SHIB) added 11.7%, DogWifHat ($WIF) grew 4.5% and Bonk ($BONK) climbed 9%.
Floki is also one of the few leading cryptocurrencies that depreciated in the last 24 hours. It’s now down 2.9% from yesterday. The only other popular meme coin that fell overnight is Pepe Coin ($PEPE). The viral frog meme coin shed 5.7% overnight but led meme coin gains over the last seven days with a meaty rally of 29%.
Over on FLOKI’s trading chart we can see the token has come down from a mid-March peak to lows of almost $0.0001, although its support level has since been climbing higher.
Since coming down from $0.00022 in mid-April, the token has found stiff resistance at $0.0002, but today’s price represents a potential breakout.
Relative strength index (RSI) signals are promising. The token’s RSI is 53 and falling which indicates strong short-term stability.
Floki is a meme coin named after Elon Musk’s dog. It’s also one of not two, not three, but five meme coins based on viral shiba inus, all of which
