Market skepticism is growing as WIF faces challenges from bearish metrics and declining engagement.
FLOKI may have entered a long-term downtrend after the 50-day SMA crossed below the 150-day SMA.
Sentiment analysis showed predominantly bearish market participants since late November.
As Bitcoin (BTC) hits its lowest level since mid-November, major meme cryptocurrencies are on the list of the worst performers in the last 24 hours. Meanwhile, the liquidation tsunami erased over half a billion in crypto positions.
Crypto analyst Investing Haven has provided a bullish outlook for the FLOKI, predicting that the meme coin could record a 200% surge. The analyst also revealed what must happen before FLOKI can record such a parabolic price surge.
dogwifhat (WIF) price has experienced a sharp decline, falling roughly 15% in the last 24 hours and dropping below $1.60 for the first time in four months. This recent dip adds to a 47% loss over the past 30 days, reflecting significant bearish momentum in the market, with multiple of the biggest meme coins dropping more than 10% in the last 24 hours.
Floki whales have turned to buy the dip. Can the memecoin see a whale-driven rally?
In a significant collaboration, GraFun, Floki, and DeXe have introduced Alpha Launch, a revolutionary platform that aims to transform how new tokens enter the crypto market, addressing key challenges in token creation and security.
Dogwifhat price crashed below the key support at $2 this week, mirroring the performance of Bitcoin and other Solana meme coins. Dogwifhat (WIF), one of the largest meme coins on the Solana network, tumbled to a low of $1.
As Bitcoin (BTC) fails to hold above $100,000 for the fifth consecutive try, the cryptocurrency market plunged by 8.3% in a few hours. Here's why meme coins suffer the most while some of them are already back to surging.
dogwifhat whale has purchased 7.25 million WIF tokens worth $13.34 million as WIF dips by 10.74%.
Support for the meme coin segment is now stronger than before with a mysterious crypto whale wallet proceeding to purchase the likes of WIF, POPCAT, and other meme coins in large numbers. Solana meme coins are gaining traction across the crypto sphere even though the price change in the last 24 hours remained bearish.
Bitcoin (BTC) plummeted below $100,000 as the crypto markets witnessed a significant drop on Tuesday, driven by stronger-than-anticipated economic indicators that could delay Federal Reserve rate cuts. BTC was trading above $100,000 since January 6, when it reached an intraday high of $102,464.
A closely followed analyst believes the meme token Floki (FLOKI) is gearing up for rallies en route to fresh all-time highs (ATHs). Pseudonymous analyst Bluntz tells his 306,200 followers on the social media platform X that FLOKI appears to have completed an ABC correction on the daily chart.
Solana meme tokens attracted more buyers in the past two weeks, showing both demand and conviction in the top cult tokens.
As Bitcoin (BTC), the largest cryptocurrency, is making another attempt to conquer the $100,000 level, dozens of altcoins are losing their value. Popular meme cryptocurrencies are on the list of the worst performers, yet some new cryptos in this sphere have entered the top 100.
FLOKI price action mirrors that of PEPE in early 2024 suggesting the same could follow in Q1 2025.
Crypto analyst Master Kenobi has revealed two levels to watch out for before the FLOKI price hits a new all-time high (ATH). The analyst also revealed the timeline for when the top meme coin could reach these price targets.
Economist Henrik Zeberg has made a bold prediction for the Solana-based memecoin Dogwifhat (WIF), suggesting that it could see a massive price surge of up to 840%, potentially reaching as high as $19 from its current price of $2.02.
Earlier this week, FLOKI's open interest stood at $16M.
Economist Henrik Zeberg says that the Solana (SOL)-based memecoin dogwifhat (WIF) is mirroring Bitcoin's (BTC) setup from November. In a new post on the social media platform X to this 172,200 followers, Zeberg says WIF could leap to the $19 range.
For meme coin projects, 2024 was a year of tremendous volatility, characterized by sharp declines, quick expansion, and well-publicized scandals.
Short traders of two of the market's top meme coins have been stunned by liquidation imbalance in the last 24 hours. Notably, PEPE, born on the Ethereum blockchain, and dogwifhat (WIF) on Solana have recorded differences in short trade positions.
Through a unanimous vote, the Floki DAO has decided to allocate 16.3 billion tokens as liquidity for the launch of the ETP on Floki.
The Floki DAO has unanimously approved a proposal to allocate part of the 16.3 billion Floki tokens from its community buyback wallet as liquidity for a Floki exchange-traded product.
Positive funding rates show that long traders are willing to pay a premium to maintain their positions.
Floki (FLOKI) DAO members unanimously voted to use a portion of the funds from a community buyback wallet, totaling 16.3 billion tokens, as liquidity for the upcoming Floki exchange-traded product (ETP) in the EU.
The Floki DAO has unanimously approved the allocation of liquidity for creating a Floki Exchange-Traded Product (ETP), marking a significant step toward mainstream financial integration, with plans to launch on the SIX Swiss Exchange in early 2025. The post Floki DAO Unanimously Approves Liquidity Allocation for Floki ETP Creation appeared first on Cryptonews.
The Floki DAO has approved a proposal that seeks to allocate a portion of Floki supply as liquidity funding for a Floki exchange-traded product.
Despite the passage of the vote, the price of Floki is down approximately 3.6% in the last 24 hours, according to CoinMarketCap.
Despite the passage of the vote, the price of Floki is down approximately 3.6% in the last 24 hours, according to CoinMarketCap.
While the entire cryptocurrency segment is in the middle of a modest correction, the meme cryptocurrency segment has taken a hit. Its daily performance looks even weaker compared to the market benchmark, but ambitious newcomers bring some optimism.
Bitcoin (BTC) looks set to end 2024 below the $100,000 mark unless a major bump in price occurs before the year ends. The cryptocurrency spent most of the weekend hovering just above $95,000.
One of the standout performers of 2024, WIF could have a really exciting 2025 ahead!
price decline it has experienced over the last few weeks. As of today, December 28, 2024, WIF has begun experiencing upward momentum, with the price surge standing out notably compared to other assets.
The renowned dog-themed meme crypto Floki has set the crypto town abuzz, primarily with its looming ETP launch. Following the footsteps of Dogecoin, this looming exchange-traded-product launch has echoed substantial optimism over other meme coins' future actions.
The Floki community recently voted in favor of a proposal that will help create the liquidity needed for the ETP launch, which is now set to go live by Q1 2025. When it goes live, it will become the second memecoin ETP on a regulated stock exchange, following in the footsteps of the Dogecoin ETP.
With so many holders watching closely, FLOKI's recovery could depend on the timing and strength of a potential rally.
FLOKI is poised to become the second memecoin to launch a regulated Exchange-Traded Product after Dogecoin, following a decisive Floki DAO vote that approved allocating tokens for ETP liquidity. The proposal won “overwhelming” support, with 332.7 billion token (99.9%) voting in favor, 328.9 million token abstaining, and none opposing—a result the team described as the first time a DAO proposal passed without any vote against it.
Following the Dogecoin benchmark, the Floki exchange-traded product (ETP) is scheduled to be released in early 2025. This occurred subsequent to the crypto project's decentralized autonomous organization (DAO)'s resounding approval of the allocation of liquidity for the establishment of a Floki ETP, with 99.9% of the vote cast in favor.
The Floki community has voted unanimously to allocate tokens for creating an exchange-traded product, expected to launch in early 2025. The proposal has sparked heightened interest in the token, reflected by a 58% surge in trading volume and a 5% price increase.
If the vote passes, Floki would join Dogecoin as the second memecoin to secure a registered ETP. This would give institutional investors a new way to gain exposure to the memecoin.
Renowned dog-themed meme crypto FLOKI robbed the spotlight from other tokens on Friday, marking a crucial step towards its Exchange Traded Product (ETP) creation. Particularly, the crypto team voted overwhelmingly in favor of a crucial proposal to allow liquidity creation that supports the ETP launch.
The development team behind dog-themed meme asset Floki (FLOKI) is announcing a plan to launch a new exchange-traded product (ETP).
Floki's (CRYPTO: FLOKI) proposal to launch a Floki Exchange-Traded Product (ETP) has prompted traders to predict bullish price action. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Floki (CRYPTO: FLOKI) $0.0001748 $1.7 billion -1.5% +0.6% Dogecoin (CRYPTO: DOGE) $0.3131 $46 billion -5.6% -2.1% Shiba Inu (CRYPTO: SHIB) $0.00002148 $12.7 billion -6.2% -3.9% Trader Notes: Crypto trader Javon Marks highlighted that FLOKI is showing bullish momentum near a critical resistance level of $0.0002761.
Cryptocurrencies exhibited mixed signals on Thursday as Bitcoin struggled around the $95,000 mark. While sellers threatened continued dips, MOON DENG, PENGU, and Ripple's XRP had optimistic updates for their communities. Let us find out more. MOODENG explodes in gloomy markets Digital assets traded in red today as the global cryptocurrency market cap plummeted 3.
Meme coin prices crashed on Thursday, erasing most of the gains made during the Santa Claus rally on Christmas Eve. Fartcoin (FARTCOIN), one of the top meme coins in the Solana ecosystem, dropped by 16.
TL;DR Floki DAO has proposed allocating a portion of its treasury to an asset manager to launch an ETP in Europe, providing institutional investors with regulated access to the memecoin. The proposal requests using 16 billion FLOKI tokens, valued at approximately $2.