1 month ago
30
The crypto market traded in the green on Monday while bracing for this week’s market-moving events.
While enthusiasts anticipate short-term rallies, Floki appears ready to lead meme token recoveries.
The dog-themed project is making waves in the Web3 innovation with its recent strides in the artificial intelligence sector.
It saw over 800 FLOKI minibots minted on the day of launch, raising about 1,000 BNB.
The explosive debut demonstrates the Floki community’s (Vikings) strength and has sparked debates about the altcoin’s potential short-term price performance.
The meme token trades at $0.00009940 after an over 3.80% jump in the past 24 hours.
The prevailing momentum could drive FLOKI past the $0.00012359 high.
That would open the path towards the target at $0.00014577, a 47% surge from current prices.
Floki’s transformation into a utility powerhouse
Floki Minibots merges real-world robotics with crypto technology. They are physical, blockchain-powered robots within the FLOKI ecosystem.
The integration represents a key step towards enhancing the meme coin’s use cases, cementing Floki’s status in the Web3 robotics revolution.
Meanwhile, the over 800 minibots minting 24 hours after debut demonstrates substantial demand, potentially as AI and crypto convergence intensifies.
The Floki team works to change the project’s narrative from meme to a top competitor in the utility and DeFi sectors.
Furthermore, the massive minibot minting underscores the community’s readiness and engagement to back Floki’s innovation.
With meme cryptocurrencies like Dogecoin and Shiba Inu struggling amid unclear use cases, FLOKI is emerging as a top contender in the sector.
Floki has launched multiple utility-centered products, including a DeFi platform, FlokiFi, and the much-awaited Valhalla metaverse.
Now, it has introduced tangible robots, which will potentially appeal to wider markets.
FLOKI price outlook
The altcoin trades at $0.00009940, with a 3.88% 24-hour increase extending its weekly and monthly gains to 5% and 25%, respectively.
Chart by CoinMarketCapThe charts show FLOK hovering above a key support barrier that previously acted as resistance.
The alt encountered a minor retracement at the $0.00009474 mark. The level triggered a brief rally after a post-breakout retest.
The prevailing momentum could catalyze a higher high beyond the $0.00009474 foothold to shift FLOKI’s short-term bias to bullish.
Magnified bullishness amid broad-based optimism could propel the meme coin above the previous peak of $0.00012359.
A daily candlestick closing above this mark will likely trigger rallies to the target at $0.00014577 – a 47% uptick from Floki’s current price.
However, losing the support zone at $0.00009474 will invalidate the bullish case (in the near term).
Analyst Solberg Invest anticipates FLOKI surges to a previous all-time high of $0.00035.
$FLOKI MACRO SUPPORT HELD! 🚀 Aiming for old ATH—5X rally to $0.00034! 📈 Bullish plan! 👀FLOKI #CryptoRally #Trading
Hitting that target will mean an approximately 250% gain from the current market price.
A Bitcoin closing above $110K and a rally to new ATHs would be essential to fuel FLOKI’s anticipated recovery.
The post FLOKI eyes 45% jump as Floki’s robotic revolution sparks bullish momentum appeared first on Invezz
English (US) ·