The world of cryptocurrency has witnessed an incredible rise in meme coins alongside the recent Bitcoin price movements. In addition to the fundamental meme coins, this time projects emerging on Solana and now Base meme coins are gaining attention. Nevertheless, amidst this rise, all eyes seem to be on the current status of the market’s strong meme coins.
The Latest on FLOKI
The cryptocurrency market has seen an incredible recovery following the rise of Bitcoin, with meme coins shining during this period. Since the beginning of March, cryptocurrencies based on internet jokes and humor have shown significant changes in their weekly charts, evidently taking control of the market.
On the other hand, during this period, a large number of meme coins were introduced to the market (especially on the Solana network). Notable examples like Dogwifhat (WIF) and the unfortunate Slerf (SLERF) opened the door to potential millionaire status for early investors.
Meanwhile, the Viking dog-themed and Elon Musk-inspired Floki Inu (FLOKI) stood out as one of the main pillars of the rising period, causing a significant stir in the entire market.
In the last 30 days, where the rise of meme coins was fully felt, FLOKI was among the top-earning coins.
As of February 27th, Floki Inu’s market value was just under $475 million, and by March 28th, at the time of writing, it had risen to $2.465 billion. This marked a $2 billion increase over a one-month period.
FLOKI Price Outlook
FLOKI’s price has seen a clear rise over the last 30 days. During this period, FLOKI increased by 426.60%, climbing from $0.00004533 to $0.0002508.
After the 30-day increase, it was observed that Floki Inu surpassed its all-time high of $0.00031, which occurred in the middle of March 2021.
Despite this, predicting the potential rise of Floki Inu is challenging as it has surpassed the initial resistance level of $0.000240. It has even broken through the second resistance level of $0.000254 and is currently trading above $0.00026389 at the time of writing.
