The Floki worth surged over 13% within the final 24 hours to commerce at $0.000127 as of seven:20 a.m. EST as buyers rush to purchase the meme coin.
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The Floki price surged over 13% in the last 24 hours to trade at $0.000127 as of 7:20 a.m. EST as traders rush to buy the meme coin.
This uptick in the FLOKI price comes after the project scored major deals with English Premier League football teams.
As part of an effort to boost the token’s visibility, the project has entered into a one-year agreement that will see FLOKI and its Valhalla game feature on various English Premier League properties.
#SAFC ? @RealFlokiInu
We’re delighted to announce Valhalla as the Club’s new back-of-shirt partner for the 2024-25 season.
— Sunderland AFC (@SunderlandAFC) August 9, 2024
FLOKI tokens will be the crypto partner for Nottingham Forest. The project’s upcoming Valhalla game will also feature on the back of the Sunderland AFC Jersey, while on-screen advertisements for the project will be displayed throughout all league matches as well.
The Floki Price Attempting To Break A Major Resistance
4-hour chart for FLOKI/USD (Source: GeckoTerminal)
The Floki price is attempting to overcome the resistance level at $0.0001335. Should it successfully break above this barrier, the meme coin could have the technical footing needed to continue climbing in the next 24 hours. Traders may subsequently attempt to push FLOKI as high as $0.0001460.
However, the crypto getting rejected by the $0.0001335 resistance level could invalidate the bullish thesis.
In this alternative scenario, the meme coin may be vulnerable to falling to the immediate support level at $0.0001227.
Continued selling pressure ought to the Floki price fall to this technical safety net might then expose FLOKI to the possibility of dropping to as low as $0.0001111.
Technicals Suggest The Floki Price Could Keep Climbing
From a technical perspective, indicators on FLOKI’s 4-hour chart show that buyers currently have the upper hand over sellers.
More specifically, the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators suggest the Floki price may continue to rise in the next 24 hours.
Throughout the last day of trading, the MACD line has broken away above the MACD Signal line. Traders typically view the MACD positioned above the MACD Signal line as an indication that a crypto is in a short-term bullish trend.
Moreover, the widening gap between the two lines suggests FLOKI’s bullish momentum is picking up steam.
RSI readings on the 4-hour chart have also risen consistently throughout the last trading session, which indicates bullish strength. The positive slope of the RSI line may be a sign of buyers growing stronger over sellers as well.
While the Floki price attempts to turn the $0.0001335 resistance level into support, traders continue to flock to The Meme Games (MGMES) presale for potential 100X gains.
Bringing The Olympic Spirit To The Vibrant Meme Coin Space
The Meme Games (MGMES) is a new meme coin that aims to bring the competitive Olympic spirit to the burgeoning meme coin sector. Although the Olympics have passed, traders can still participate in a meme coin dash.
With each presale purchase, traders are prompted to choose between Dogecoin, Pepe, Dogwifhat, Brett, and Turbo to participate in a virtual race on their behalf.
With 5 characters to choose from, traders have a 20% chance of picking the winner.
If their meme character is victorious, traders will earn a 25% bonus on their purchase. Moreover, traders stand to unlock the bonus with each purchase.
There’s also no limit as to how many sprints a person can participate in. All traders need to do is make additional purchases to increase their chances of winning.
Many analysts and influencers are bullish on The Meme Games, including Austin Hilton, who analyzed the project’s potential to generate substantial returns for his 272,000 YouTube subscribers.
Sprinting Towards The $1 Million Mark
The Meme Games has raised over $375K through its presale so far. This positive momentum is likely to continue given the 538% annual yield on offer to traders who buy and stake MGMES at this early stage.
To get in on these rewards and potentially earn the 25% bonus, traders can buy the token using the simple purchase widget embedded on the project’s website.
Selling for $0.0093, the meme coin can be purchased using
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