Floki Price Prediction as $900 Million Trading Volume Comes In – $1 FLOKI Possible?
The Floki price has remained flat in the past 24 hours, with its current price of $0.0002711 representing an 82% gain in a week.
FLOKI has also risen by 380% in the past fortnight and by 780% in the last 30 days, with these increases helping to propel the meme token to 55th in the market (by capitalization).
It also has plenty of momentum left in the can, with its trading volume nearing $900 million today, up from $150 million at the start of March and only $15 million a month ago.
And given its popularity, it could witness further gains in the coming weeks.
Floki Price Prediction as $900 Million Trading Volume Comes In – $1 FLOKI Possible?
It’s arguable that Floki has only just begun a phase of rapid price discovery, with the meme token capable of more rallies in the near future.
Its indicators continue to show very strong momentum, with its RSI (purple) currently touching 80, having dipped from 90 but then risen again.
This suggests that more gains are incoming, as does FLOKI’s 30-day average (yellow), which is rising very, very precipitously above the 200-day (blue).
After spending months struggling, FLOKI is certainly entitled to continue rising for the next few weeks, at the very least.
And with its trading volume rising as high as $2.3 billion in the past week and staying high at $900 million, it’s clear that interest in the token remains.
A fresh wallet withdrew 28.19B $FLOKI($4.29M) from #Binance 40 mins ago.https://t.co/aJRdOG7A8T pic.twitter.com/M5I3gzVaCh
— Lookonchain (@lookonchain) March 5, 2024
Whales have been buying up the token in the past couple of weeks, and while some have been selling, its price remains stable.
This comes in the context of a market-wide rally, which follows rising Bitcoin ETF volumes and excitement surrounding the next Bitcoin halving.
FLOKI has been riding this wave, and it’s likely to continue rising for as long as the general positivity continues.
Indeed, some are tipping Floki to be the most successful major meme token of the current bull cycle, with the coin potentially outperforming DOGE, SHIB, PEPE and other established alts.
Whales are heavily rotating into $FLOKI, buying $500k to $700k clips. All while #Floki has outperformed $PEPE, $BONK, $WIF, $DOGE, $SHIB and the entire #memecoin market.
Flows into #FLOKI recently are indicating it could very well be this cycle's next #DOGE.
— Gordon (@AltcoinGordon) March 13, 2024
As such, the Floki price could reach $0.00030 in the next few weeks, before passing its ATH of $0.0003365 by the summer.
Alternative High-Potential Meme Tokens
FLOKI looks good for a big rally or two during the current cycle, yet it isn’t the only meme coin with bags of potential
There’s also a handful of very promising meme tokens that combine viral marketing with genuine utility and strong fundamentals, with new Ethereum-based crypto Scotty the AI (SCOTTY) being one of the most notable.
Its presale has already raised over $9 million, despite launching only a few weeks ago.
💥Presale Update!💥
ScottyTheAi #1 #memecoin (w/Ai utility) of 2024$SCOTTY has raised $9.1M
🎉 this was raised way faster than expected due to the high demand of the crypto community wanting to join ScottyTheAi.
Well on our way to closing out presale early and heading for… pic.twitter.com/Ae6zGXPSKo
— Scotty The Ai (@ScottyThe_Ai) March 13, 2024
Not only is Scotty another attention-grabbing meme coin, but it’s about to launch a unique AI-powered trading platform.
This platform has two main features, Scotty Swap and ScottyChat.
Scotty Swap is a trading protocol for carrying out token swaps, one which uses AI to provide a more user-friendly and streamlined experience.
Secondly, ScottyChat is generative AI-based bot that can answer queries related to price movements and trading signals, among other things.
Using ScottyChat will enable Scotty Swap users to make better trades, raising the probability of significant returns.
That investors are interested in Scotty is evident in the $9 million it has been able to raise, with new investors able to join the sale by going to the official Scotty the AI website.
They can buy SCOTTY at a price of $0.01 per token, a level which may end up seeming very cheap once the coin lists on exchanges in the coming weeks.
It will launch its platforms once its sale ends in the next month or so, and from there it will list on platforms and sign partnerships that will help it become one of the more successful new platforms of the year.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
