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Over the last seven days, popular ERC-20 meme coin Floki ($FLOKI) outpaced crypto’s favorite doggy meme coins and rallied a blistering 23.7% to trade at $0.0002138.
Floki’s rally comes as a sea of green candles across most leading cryptocurrencies makes for an emerald market.
Leading cryptocurrency Bitcoin ($BTC) is the usual pacesetter, and in the last seven days, it appreciated by 8.4% to trade at $66,293 as of this writing.
The token underpinning DeFi’s busiest blockchain, Ethereum ($ETH), barely grew in price at all. It’s still trading at around $3,000 as it did this time last Thursday.
That means Floki outpaced both the market leaders and the three biggest canine meme coins this week. In comparison, Dogecoin ($DOGE) only grew 6.5%, Shiba Inu ($SHIB) added 11.7%, DogWifHat ($WIF) grew 4.5% and Bonk ($BONK) climbed 9%.
Floki is also one of the few leading cryptocurrencies that depreciated in the last 24 hours. It’s now down 2.9% from yesterday. The only other popular meme coin that fell overnight is Pepe Coin ($PEPE). The viral frog meme coin shed 5.7% overnight but led meme coin gains over the last seven days with a meaty rally of 29%.
Over on FLOKI’s trading chart we can see the token has come down from a mid-March peak to lows of almost $0.0001, although its support level has since been climbing higher.
Since coming down from $0.00022 in mid-April, the token has found stiff resistance at $0.0002, but today’s price represents a potential breakout.
Source: TradingView
Relative strength index (RSI) signals are promising. The token’s RSI is 53 and falling which indicates strong short-term stability.
WienerAI ($WAI) Makes Floki Look Dated, Raises $1.9 Million in Meme Coin ICO.
Floki is a meme coin named after Elon Musk’s dog. It’s also one of not two, not three, but five meme coins based on viral shiba inus, all of which are top ten meme coins.
Before FLOKI, there was Dogecoin and Shiba Inu, after it there was Bonk and DogWifHat, with little to differentiate each from the other except novelty, tech specs, and/or blockchains.
However, for those who believe in crypto’s longevity, a new generation of meme coins is cropping up which brings bundles of utility along with the laughs.
Leading this new generation of coins is WienerAI.
$WAI is a brand new meme token and AI companion that may yield potentially eye-watering rallies once word gets out about its core offering.
WienerAI is more than a trading bot
It’s your AI trading companion!
More details coming SOON! pic.twitter.com/HG5C0tE6Rk
— WienerAI (@WienerDogAI) May 14, 2024
The presale is only a month old, and it has already attracted close $1.9 million in investments.
Touted as a “Revolutionary AI Trading partner”, WienerAI ($WAI) is a digital companion that gives its owners user-friendly AI-enhanced trading advice, seamless swap functionality and zero fees.
The WienerAI smart contract was audited by Coinsult, a blockchain security platform that conducts security checks on various crypto and blockchain platforms.
Around 20% of $WAI’s supply is for staking.
WienerAI’s website offers buyers the ability to stake during the presale, in order to take advantage of the lucrative yield, which is currently 508% APY.
Stay on top of WienerAI news over on X and Telegram.
Join the presale now over on the WienerAI website.
The post Is It Too Late to Invest in Floki? Floki Price Leads as AI Meme Coin Readies for Exchange Listing appeared first on Cryptonews.