$FLOKI Outpaces Its Peers and Surges by 18% – This Upcoming Crypto ICO Should Rise Too

floki surges by 18% as ecosystem grows

Floki (FLOKI) has jumped by 18% in the past 24 hours as this week’s crypto sell-off appears to be taking a breather.

This token is the best-performing top 10 meme coin today, followed by SPX6900 (SPX) and Official Trump ($TRUMP), which are experiencing gains of 10.2% and 7%, respectively, during this same period.

FLOKI trading volumes have exploded by 57% and currently stand at $240.6 million, accounting for almost a quarter of the token’s market cap.

On February 14, the Floki team announced that the project would be supporting the launch of a new token called Bad Coin ($BAD). FLOKI holders would receive a total of 27% of the $BAD allocation.

 

In addition, the project is scouting for top talent in the Web 3 space and has opened up new positions, including Business Analyst, DevOps Engineer, and Product Manager, to join the Floki team.

This all points to organic growth happening within the Floki ecosystem, possibly as a result of the release of decentralized apps like the Floki Trading Bot, Valhalla (Floki’s P2E metaverse), and its tokenization platform TokenFi.

FLOKI is the utility token that powers all of these platforms, meaning that the project is progressively moving away from being a meme coin to an ecosystem asset like Solana (SOL).

FLOKI Needs to Move Above $0.00015 to Reverse Its Downtrend

Despite these positive developments, FLOKI is down 44.4% this year as the meme coin space has suffered as a result of some macroeconomic headwinds, like the Fed’s reluctance to keep cutting interest rates.

FLOKI’s price is currently sitting 69% below its all-time high of June 2024, when it surged to $0.0003462. Its daily chart from Kraken shows that the price action appears to have found a floor at around $0.00009 per coin in the past few days.

floki needs to clear the $0.00015 hurdle to keep surging

However, FLOKI has not yet managed to make a higher high and could be poised to experience further drops unless it can move above the $0.00015 level in the next few weeks.

Momentum indicators are favoring a bullish short-term outlook as the Relative Strength Index (RSI) has moved above the signal line, while the MACD’s histogram has also been posting steadily increasing positive readings in the past few days.

If FLOKI does move above $0.00015 that would confirm a trend reversal and a notable improvement in the token’s mid-term outlook.

For now, this spike in FLOKI, along with the overall recovery that cryptos are experiencing today, are helping BTC Bull Token (BTCBULL) holders as it gets Bitcoin (BTC) closer to the next milestone that will make them eligible to obtain a handful of rewards.

BTC Bull Token (BTCBULL) Incentivizes BTC Believers Through Milestone-Based Compensation System

Same as FLOKI, BTC Bull Token (BTCBULL) is a meme coin with a purpose. Token holders are entitled to be rewarded as the price of Bitcoin (BTC) surges to new heights with the help of a pro-crypto U.S. federal government.

The next milestone for BTCBULL to burn a significant portion of the project’s circulating supply will take place when BTC reaches $125,000 per coin.

btcbull token has raised over $2 million

Just a few days after its launch, BTCBULL has attracted $2.4 million from early buyers who believe in its value proposition. This makes it one of the best crypto ICOs of the year.

Next up, when BTC surges to $150,000 BTCBULL holders will get BTC tokens airdropped to their crypto wallets directly.

Up to 50% of the project’s presale funds will be distributed in one way or the other to BTCBULL investors through token burns, staking rewards, and milestone-based token burns.

Once this token hits the exchanges, it will likely experience a significant uptick amid its enticing compensation model.

To buy $BTCBULL, head to the official BTC Bull Token website and connect your wallet. You can either swap ETH, USDT, or BNB coins for this presale token or use a bank card to make your investment.

By Alejandro Arrieche

Alejandro is a seasoned financial analyst with over seven years of experience writing complex business topics and market trends. His insightful work has been featured in prominent publications including Business2Community, The Modest Wallet, and Capital.com, where he provides comprehensive analysis spanning from broad business strategy to complex topics about cryptocurrencies and the stock market. A graduate of EUDE Business School, Alejandro leverages his academic background and analytical expertise to deliver data-driven insights that help readers navigate complex economic landscapes. His authoritative content focuses on value investing, financial analysis, and general business topics, empowering both organizations and individuals with actionable intelligence to make informed decisions about their investments and trades.

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