For FLOKI to replicate its 2024 breakout, it must first break through key resistance levels.
Floki Inu (FLOKI) has seen strong daily volumes in the past 24 hours, with more than $200 million changing hands across major exchanges per CoinMarketCap as the price has rallied more than 3%. The post FLOKI Sees $200M in Daily Volume – Are the Whales Loading Up for a Massive Run? appeared first on Cryptonews.
Popular memecoin could be in for a very interesting short-term on the price charts now.
The meme coins have noted massive volatile trading lately amid a broader crypto market downturn. Notably, top players in the segment like DOGE, PEPE, SHIB, FLOKI, and others have also gone through a topsy-turvy lately, sparking market concerns.
Bitcoin (BTC) briefly dipped below $95,000, falling to a low of $93,487 before recovering and moving to its current level of $95,100. The flagship cryptocurrency has been down almost 1% over the past 24 hours, with sentiment further dampened after the odds of a US strategic reserve drop on Polymarket.
dogwifhat has experienced a strong downtrend, dropping by 64.14% over the past month.
Bitcoin (BTC) has started the week in the red, with the price down over 1% and trading considerably below the $97,000 level at $96,400. The flagship currency dipped to a low of $96,144 before recovering to its current level.
An analyst who has earned the “Master Trader” rank on the crypto exchange Bybit believes two top memecoins are setting the stage for breakout rallies. Pseudonymous analyst Bluntz tells his 316,100 followers on the social media platform X that memecoin Floki (FLOKI) appears to be flashing bullish reversal signals on the daily and four-hour charts.
The market dynamics for memecoins appear to have changed to a large extent as they are displaying a vibrant price action. While some manifested a monstrous rally like TRUMP, others like WIF maintain a calm upswing, and memecoins like Dogecoin are stuck within a range waiting for the right time to trigger a breakout.
Against the backdrop of a broader crypto market recovery sentiment brewing, Floki price remains much eyed by investors as renowned crypto analysts forecast a bullish outlook for the token. Notably, market experts ‘Ali Martinez' and ‘Bluntz' have recently predicted that the dog-themed meme coin awaits a massive price breakout in the coming days.
Cryptocurrency prices rebounded on Saturday, with Bitcoin moving above $97,500 and the market cap of all tokens soaring to $3.25 trillion. The crypto fear and greed index exited the fear zone and moved neutral at 43. So, let's explore some of the top-performing crypto market stories of the day.
WIF shows signs of a potential rebound, supported by bullish technical indicators such as the TD Sequential buy signal, oversold RSI, etc. signaling a possible price recovery.
Dogwifhat (CRYPTO: WIF) and the TRUMP (CRYPTO: TRUMP) meme coin are emerging as the highest gainers on Friday, putting in significant rallies from their bottom valuations. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend OFFICIAL TRUMP (CRYPTO: TRUMP) $23.00 $4.6 billion +41.6% +33.7% Dogwifhat (CRYPTO: WIF) $0.7399 $739.1 million +26.8% +2.7% SPX6900 (CRYPTO: SPX) $0.8429 $784.7 million +17.3% +38.6% Trader Notes: Influencer Cryptomist noted that market bias is shifting upward, suggesting that Dogwifhat should follow suit.
The crypto space experienced a major setback during the first half of February, highlighting increased volatility. However, the market has displayed a significant recovery this week. Following this, the memecoin segment has recorded the highest gains.
The Binance season is here! The Binance ecosystem tokens, BinanceCoin (BNB) & Pancakeswap (CAKE), skyrocketed, leaving the major cryptos behind. The BNB price surged above $700 with over a 15% rise and flipped Solana to become the 5th largest crypto after BTC, ETH, XRP, & USDT.
Crypto prices bounced back this week even after the US published strong inflation data, raising concerns that the Federal Reserve will maintain higher interest rates for longer. Bitcoin price held steady above the support at $96,000, while the total market cap of all coins jumped to over $3.2 trillion.
Floki (CRYPTO: FLOKI) has been in a prolonged downtrend, leading traders to question whether market makers or retail investors are behind the bearish price action. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Floki (CRYPTO: FLOKI) $0.00009245 $888.9 million -5.3% -6.7% Bonk (CRYPTO: BONK) $0.00001754 $1.35 billion -4.5% -5.5% SPX6900 (CRYPTO: SPX) $0.7209 $671.2 million -7.6% -7.8% Trader Notes: Trader Master Kenobi noted that FLOKI has erased all gains from the past year, with market makers aggressively extracting liquidity.
Memecoins have taken a fearful beating over the last couple of months. Some are down as much as 85% and more.
The total market capitalization of the meme coin niche tanked to approximately $75 billion.
The Solana meme coins market has rebounded, valued at $11.7 billion, with a 4.4% increase in the past 24 hours. Among the notable meme coins are SPX, Popcat, and WIF, which continue to gain attention due to their potential to deliver massive gains.
Wouldn't it be great if a small crypto investment today turned into life-changing profits tomorrow? Meme coins have proven time and time again that the right project at the right time can generate unimaginable gains.
With history as a guide, is this another prime ‘buy-the-dip' moment, or has WIF lost its spark?
Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.
FLOKI's bullish indicators face resistance due to stagnant network growth and liquidations.
It was possible that a range formation between $0.69 and $0.74 would play out over the next few days.
Here is how some of your favorite assets concluded the week.
Whales and spot traders are taking opposing calls on WIF.
It now seems a distant memory when memecoins would spike hundreds, and sometimes thousands of percent in short periods of time. Are the crypto memes dead or dying now?
Bitcoin's (BTC) slide under the $97,000 mark sent all the major altcoins to print red indexes all around. As the decline continues, crypto whales are finding this period as the “Buy the dip” opportunity and scooping top meme coins like Pepe and dogwifhat (WIF).
Big players in the crypto market are making waves again, and this time, they're betting big on meme coins. According to Spot On Chain, a smart whale has secured a massive $13.75 million profit while trading Pepe (PEPE). Meanwhile, another whale grabbed millions worth of WIF from Binance, sparking speculation about the next move.
WIF's price faces challenges, with technical indicators showing mixed signals for a potential reversal.
Despite the continuous price decline in Dogwifhat (WIF), the popular Solana-based meme coin is gaining significant attention from crypto enthusiasts. Recently, the popular blockchain-based transaction tracker Onchain Lens shared a post on X (formerly Twitter), revealing that a newly created wallet withdrew 9.47 million WIF tokens worth $6.90 million from Binance. Whale Buys 9.
Three tokens – Ethena (ENA), Dogwifhat (WIF), and Dogizen (DOGIZ) – are currently making headlines for their respective price movements. ENA and WIF are grappling with significant market volatility, while DOGIZ is experiencing a surge in price in its ongoing presale ahead of its anticipated exchange listing. Ethena (ENA) dips below $0.
$16 million worth of these tokens were scooped up from the giant crypto exchange Binance on Thursday.
The crypto market is marginally down, with price action remaining mixed. Bitcoin (BTC) has slipped below $98,000 over the past 24 hours.
Solana-based meme coin dogwifhat (WIF) has experienced a sharp downturn over the past week. It has shed 33% of its value during that period and currently trades at a February 2024 low.
The cryptocurrency market is beginning February with an interesting tone, as traders and investors proceed with caution. The global market capitalization is standing at $3.21 trillion, after declining by 0.08% in the past day.
Meme coin whales nabbed significant market attention amid the recent turbulent landscape, heavily purchasing Pepe coin (PEPE) and Dogwifhat (WIF). On-chain data on Thursday revealed that roughly $16 million worth of the abovementioned tokens were bought from the cryptocurrency exchange behemoth Binance.
Floki has experienced a surge in buying activity, with its trading bot set to kickoff.
A crypto strategist who has earned the “Master Trader” rank on the digital asset exchange Bybit thinks that it is almost time for memecoins to shine. Pseudonymous analyst Bluntz tells his 315,000 followers on the social media platform X that meme token Floki (FLOKI) is printing a bullish divergence signal on the daily chart.
After its massive crash, Dogwifhat (WIF) has turned from a viral sensation to a struggling meme coin. The dog-themed token was the face of the gains at the beginning of 2024, creating an ATH of nearly $5 in March 2024.
This prediction comes after plans for a Las Vegas Sphere advertisement fell apart.
Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days.
Following President Donald Trump's recent tariff announcement, global markets are in turmoil, with U.S. stock futures dropping significantly.
WIF has dropped 23.83%, continuing its 64% decline, but technical indicators suggest a potential rebound with a 964% rally ahead.
The crypto trenches were lined with disappointment as Trump's tariffs nuked the charts. Can Dogecoin and other meme coins withstand a full-blown trade war?
The lack of buying pressure meant FLOKI might need a period of consolidation around current lows.
This partnership follows Floki's collaboration with BAD AI, the BNB chain's anticipated AI Agent protocol. $BADAI will launch its token through the TokenFi Launchpad in partnership with Floki.