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Cryptocurrency News Articles
Floki Inu (FLOKI) Rallies 700% in 2024, FLOCK Presale Rounds Key Milestone
Sep 22, 2024 at 01:15 am
The beloved Ethereum and Binance doge meme coin had its first big run in 2021, peaking at moon prices in November that year just as the Shiba Inu price rally reached lunar space.
Floki (FLOKI) has had an incredible year in 2024, delivering meme coin investors an astounding 700% rally. Despite trading at less than half its recent highs, FLOKI prices are still significantly higher than a year ago.
In September 2024, FLOKI prices have surged by 700% compared to prices a year ago, even though the token is trading at less than half its recent highs in March and June.
Those who purchased FLOKI a year ago at $0.000016 a token would have seen their investment multiply by almost 10X. However, those who bought the token at Friday's price of $0.00013 would have paid almost a tenth of the price.
Seasoned meme coin traders would have recognized FLOKI as a strong candidate to add to their portfolios, especially before the next major upswing in crypto market prices.
As a general rule, when Bitcoin and Ether go up by 1%, popular meme coins often go up by 10%. Similarly, when the big dogs go up by 10%, coins like FLOKI and this year's new gem, FLOCK, tend to go up by 25%, 50%, and 90%.
However, it's important to note that these markets are highly liquid and operate next to vast amounts of roiling blockchain capital, which can lead to fast and volatile movements.
In other words, it's a double-edged sword. When BTC and ETH drop by 1%, today's new price for memes can end up 10% lower than yesterday's.
This is why experienced participants in these markets often caution new meme coin traders to do their best to be informed about the nature of the meme altcoin market and the broader crypto markets and their cyclical patterns.
Floki (FLOKI) has largely avoided a multi-month sideways trend in 2024 (although it did keep better pace with purchasing power inflation than your dollar during that Floki “winter”).
After surging to life in February, Floki went on to eclipse its previous all time highs for a 1,665% gain by its all time record price of $0.00031 on the anniversary of D-Day this year.
Any of last year's prescient buyers— winners with some extra money to save who picked a tight spot to park it— who bailed out of Floki in June 16X'd their money.
That's: every $1,000 put in a year ago gave them back a Certified Pre-Owned Toyota Corolla. Now isn't that better than paying $16,000 out the door for the car and 2.9% financing for the loan?
How Could An Extra $16,000 Change Your Life?
The flock-themed Flockerz meme economy is aiming to do it all over again for meme coin traders in 2025, starting with its 2024 presale this summer.
Flockerz’s FLOCK tokens are a limited-run mint of tokenomically scarce meme assets that build value as Web3 markets respond to this meme coin's nicely arranged incentives.
FLOCK offers users a high yield staking pool, vote-to-earn governance with each token, and a very special Early Bird voting pool…
Early Bird tokens make up 20% of the FLOCK pool and are available for a limited time at a very low, fixed, pre-market sale price to reward early backers for helping get this meme coin off the ground. You’ll need MetaMask on desktop and BestWallet on mobile to store your keys.
Get FLOCK in PRESALE.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- HBAR Foundation Calls for Renaissance, Marking October 3, 2024 on the Calendar
- Sep 24, 2024 at 06:35 am
- A 28-second clip, titled ‘Renaissance,’ suggested the community mark their calendars for October 3, 2024. Originally posted by Axelar Network
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- Shiba Inu (SHIB) Whale Scores a New $1.07M Profit Via SHIB Rival Meme Coin Neiro (NEIRO)
- Sep 24, 2024 at 06:25 am
- An early investor of Shiba Inu (SHIB), has scored a significant profit via a SHIB rival meme coin. This unrealized profit in just five days by capitalizing on
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- BlockDAG Emerges as a Contender in the Cryptocurrency Sphere, Challenging Stellar (XLM) and Solana (SOL)
- Sep 24, 2024 at 06:25 am
- In the cryptocurrency sphere, there's always fresh news to discover. Today, we delve into recent developments among digital currencies that are capturing attention.
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- BNY Mellon Secures SEC Approval for Bitcoin Custody and Institutional Crypto Services, Paving the Way for Widespread Adoption of Tokenization
- Sep 24, 2024 at 06:25 am
- In a groundbreaking development, BNY Mellon, the world's largest custodial bank, has secured approval from the U.S. Securities and Exchange Commission (SEC) to offer Bitcoin custody and institutional crypto services.
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- BlockDAG, SUI, and Helium Make Waves in the Altcoin Market, Signaling Strong Movements
- Sep 24, 2024 at 06:25 am
- This week, the altcoin universe buzzed with significant news from BlockDAG, SUI, and Helium. SUI forecasts anticipate another surge after a robust 20% increase
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- Solana (SOL) Inspires Confidence with a 12.9% Jump, While JetBolt (JBOLT) Shines as a Potential New Coin to Explode
- Sep 24, 2024 at 06:15 am
- With a sudden 12.9% jump, Solana (SOL) is inspiring a great deal of confidence among crypto investors. Not to be outdone, JetBolt (JBOLT), a new project that's still in its early phase continues to shine, even giving early cues that it may be the next coin to explode.
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- South Korean Lawmakers Reveal Their Crypto Wallets Now Contain Only 'Crypto Debris' After Selling Most of Their Assets
- Sep 24, 2024 at 06:15 am
- This phenomenon adds to the complexity of the political situation in South Korea, where public trust in the integrity of state officials is being tested.
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- SUI Blockchain (SUI), Solana (SOL), and DTX Exchange (DTX) Prepare for Massive Gains as Bulls Take Hold Following Fed Rate Cut Announcement
- Sep 24, 2024 at 06:15 am
- The Federal Reserve is lowering interest rates in the current bull run. This action is causing an impact on various financial markets. This step is leading to increased liquidity in the market, potentially boosting the value of cryptocurrencies as investors seek higher returns.
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- Bitget Announces Multi-Million Dollar Partnership with Spanish Iconic Football League La Liga
- Sep 24, 2024 at 06:15 am
- The announcement was made at Singapore's 2049 Token event, making Bitget the official partner of the La Liga crypto.