Floki in the Green: The Next Meme Coin to Keep an Eye On

The well-known meme coin and upcoming trading bot inspired by Elon Musk’s pet Shiba Inu of the same name, Floki ($FLOKI), seems to be trading contrary to the market leader today.

In the past 24 hours, Floki has increased by 0.6%, reaching a trading price of $0.0001491.

This is in stark contrast to Bitcoin ($BTC), the leading cryptocurrency that most of the market typically follows. Bitcoin has actually decreased by 0.5% and is currently trading at $58,280.

However, when we examine their performance over the past week, we see the situation reversed. Floki has seen a decline of 2.4% over the week, while Bitcoin has risen by approximately 1%.

Floki’s performance aligns with the market leader in meme coins, Dogecoin ($DOGE).

Dogecoin increased by 0.4% overnight but has dropped around 2% over the week, currently priced at $0.1092.

Holders of two specific Shiba Inu meme coins are notably in profit since last week. Dogecoin’s main competitor, the Ethereum-based Shiba Inu coin ($SHIB), gained 8.2%, trading at $0.00001657, while those holding Solana’s BONK ($BONK) coin experienced a 15.7% increase, with a new price of $0.00002587.

Floki Price Analysis

Floki’s price chart indicates that the token is trading near its current support level, which seems to be between $0.00012 and $0.00014.

Since early June, the token has lost 57% as it declined from an all-time high of $0.0003449, reached on June 5.

Regaining lost ground may be challenging in the short term, as new resistance has emerged at $0.00018.

Source: TradingView

Is WienerAI A Superior Meme Coin/Trading Bot Compared to Floki?

Meme coins often provide their holders with price surges, but these are dependent on the overall market conditions and do not reflect the intrinsic values of the tokens.

Currently, doge-themed meme coins must offer better fundamentals to maintain their presence in the market. Recent reports indicate that the Shiba Inu team is integrating privacy features, while Floki is expanding as a Telegram-based trading bot that is presently undergoing beta testing.

Nevertheless, one doge meme coin/trading bot that is poised for significant success is still in presale: WienerAI ($WAI), a coin expected to outperform Floki’s offering upon its release. $WAI combines AI utility with viral appeal to unlock potentially impressive gains.

WienerAI is more than just another dog-themed coin. It’s a next-generation cryptocurrency project that provides crypto enthusiasts with the most advanced, user-friendly AI trading bot in the crypto space.

Owners gain access to intuitive AI-driven trading advice, seamless swapping capabilities, and zero fees.

Its presale is nearing its fourth month and has already attracted over $7.3 million in investments.

Additionally, the Blockchain security platform Coinsult has audited WienerAI’s smart contract.

The WienerAI website allows buyers to stake during the presale to benefit from the enticing yield, currently at 154% APY.

This positions $WAI as a significantly more attractive option than Floki.

Don’t miss out!

The WienerAI presale concludes on July 31st. Secure your tokens now and be part of the trading revolution! pic.twitter.com/PyYEPwDtl2

— WienerAI (@WienerDogAI) July 10, 2024

The token is currently available at a fixed presale price of $0.00073 on the website.

Prospective investors have just twenty days to participate before the presale concludes. After that, the potential for appreciation is limitless.

Stay updated on WienerAI news via X and Telegram.

Join WienerAI Here

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