The popular meme coin and soon-to-be trading bot inspired by Elon Musk’s pet Shiba Inu of the same name, Floki ($FLOKI) appears to be trading against the grain of the market leader today.
In the last 24 hours, Floki added 0.6% to its value to trade at $0.0001491.
This contrasts with Bitcoin ($BTC), the number cryptocurrency and the one that most of the market tends to follow. Bitcoin actually fell 0.5% and currently changes hands at $58,280.
However, when we analyze their seven-day performances we see their performances inverted. Floki lost 2.4% over the week while Bitcoin grew about 1%.
Floki’s performance is in line with the meme coin market leader, Dogecoin ($DOGE).
Dogecoin actually grew 0.4% overnight but fell about 2% over the week down to its current price of $0.1092.
Holders of two particular Shiba Inu meme coins are notably in profit since last week. Dogecoin’s number one rival, the Ethereum-based Shiba Inu coin ($SHIB), added 8.2% to trade at $0.00001657, while holders of Solana’s BONK ($BONK) coin saw their bags swell 15.7% to a new price of $0.00002587.
Floki Price Analysis
Floki’s price chart shows a token trading at about its current support level, which appears to be between $0.00012 and $0.00014.
Since early June, the token has shed 57% as it spiraled down from an all-time high of $0.0003449, posted on June 5.
Recapturing lost ground may prove difficult in the short term, as new resistance has appeared at $0.00018.
Is WienerAI A Better Meme Coin/Trading Bot Than Floki?
Meme coins often bring their holders price rises, but these are contingent on whether the rest of the market is doing well and are not indications of the tokens’ underlying values.
Now, doge-themed meme coins are having to provide better fundamentals to stay in the market. Recent reports suggest the Shiba Inu team are adding privacy features, while Floki is branching out as a Telegram-based trading bot, which is currently being beta tested.
However, one doge meme coin/trading bot that is likely to go far is still only in presale: WienerAI ($WAI), a coin that is likely to blast Floki’s offering out of the water when it drops. $WAI merges AI utility with viral appeal to unlock some potentially mouth-watering gains.
WienerAI is more than just another dog-themed coin. He’s a next-generation crypto project that offers crypto fans the most advanced, beginner-friendly AI trading bot in crypto.
Owners benefit from user-friendly AI-enhanced trading advice, seamless swap functionality and zero fees.
His presale is approaching its fourth month, and has so far taken over $7.3 million in investments.
Moreover, Blockchain security platform Coinsult audited WienerAI’s smart contract.
WienerAI’s website offers buyers the ability to stake during the presale in order to take advantage of the mouth-watering yield, which is currently 154% APY.
This makes $WAI a far better proposition than Floki.
Don't miss out!
WienerAI presale ends on July 31st. Secure your tokens now and join the trading revolution!
pic.twitter.com/PyYEPwDtl2
— WienerAI (@WienerDogAI) July 10, 2024
The token currently sells at a fixed presale price of $0.00073 on the website.
Interested investors have just twenty days to buy in before the presale ends. After that, the sky’s the limit on potential appreciation.
Keep on top of WienerAI news over on X and Telegram.
Join WienerAI Here
The post With Floki in the Green, Here’s the Next Meme Coin You Should Watch appeared first on Cryptonews.
