FLOKI Price Rises 8% as Meme Coins Rebound: Is This AI Coin Close to the Pump?

Last Updated: May 14, 2024 7:15am EDT | 2 minute read

The meme coin FLOKI goes against the grain today. Cryptocurrencies’ fifth-largest meme coin, inspired by Elon Musk’s pet of the same name, Shiba Inu, has rallied 8.8% in the past 24 hours and is currently trading at a price of $0.0001887.

This means that long-term FLOKI HODL users have found their digital cases increased by 28% in the last 30 days and by a staggering 430% compared to the same period last year.

Many of the largest meme coins by market cap are pumping today despite declines seen by market leaders.

The largest cryptocurrency in the world, Bitcoin ($BTC), fell 2% overnight and is currently trading at $61,767. Ethereum ($ETH), the token underlying the most commercially important blockchain, fell 2.4% to settle at $2,910.

In stark contrast to both larger coins, Pepe Moneta ($PEPE) rose 19% to $0.00001056. Original meme coin Dogemoneta ($DOGE) has seen a slight appreciation of around 3.6% and is currently trading for $0.1497.

On FLOKI’s trading chart, we can see a token that increased substantially in step with Bitcoin until early March and peaked around the middle of the month.

Since then, the token has found strong support between $0.00015 and $0.0002 and appears stable today.

With a relative strength index (RSI) of 58 and falling, the token appears to be well priced, although the sell-off could accelerate and end the rally.

Source: TradingView

FLOKI Humiliated by Crypto’s Smartest Doge WienerAI ($WAI) Raises $1.8 Million in Meme Coin ICO.

It might be fun on a good day, but FLOKI doesn’t offer much value to starters.

Its cultural richness also seems a bit limited. After all, it’s a meme coin about Elon Musk’s dog.

Before FLOKI we already had Dogecoin and Shiba Inu, after we have Bonk and DogWifeHatso investing in FLOKI really just means speculating on future price increases.

However, for those who believe in the longevity of cryptocurrencies, a new generation of meme coins is emerging that also brings with it benefits and laughs.

Leading this new generation of coins is Wiener AI.

$WAI is a brand new meme token and AI companion that could produce potentially enticing rallies once word spreads about its flagship offering.

The presale has only been going for a month and has already attracted nearly $1.8 million in investment.

Billed as a “revolutionary AI trading partner,” WienerAI ($WAI) is a digital companion that offers its owners intuitive, AI-enhanced trading advice, seamless trading functionality, and zero commissions.

The WienerAI smart contract was controlled by Coinsulta blockchain security platform that performs security checks on various crypto and blockchain platforms.

Approximately 20% of $WAI’s supply is earmarked for staking.

The WienerAI website offers buyers the opportunity to place bets during the pre-sale in order to take advantage of the lucrative yield, which is currently 543% AP.

Stay updated on WienerAI news X AND Telegram.

Participate in the presale now on the WienerAI website.

Disclaimer: Cryptocurrencies are a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all your capital.

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