Memes continue to dominate as FLOKI, BOME, and DOGE dominate markets

  • Recent data on meme coins like FLOKI, Book of Meme, and DOGE shows significant price and trading swings.

Over the past day, FLOKI’s price and trading volume have significantly increased. The token now costs $0.0002047, an increase of 10.54%. 

Its market value has increased by 10.05% to $1.95 billion as a result of this gain, placing it 51st in the cryptocurrency market. Furthermore, its trade volume has increased to $573.05 million, a remarkable 225% increase.

Crypto expert Captain Faibik pointed out a positive trend for FLOKI in a recent X analysis. His findings indicate that FLOKI is now emerging from a bullish pennant pattern on the daily timeframe chart, pointing to a very positive midterm outlook. The analyst projects a bullish move for FLOKI of between 180% and 200%.

Another meme coin, Book of Meme (BOME), saw a 4.60% increase in value to $0.01137. With a 4.54% gain in market capitalization to roughly $784.44 million, it now ranks 96th in the market rankings. CoinMarketCap reports that BOME’s trading volume climbed by 122.35% to $620.69 million.

A user on the Solana network going by the username shatter.sol had mixed luck with BOME cryptocurrency. On March 13, the user paid 50 Solana (SOL), or $8,500, for 170.25 million BOME tokens.

The tokens were auctioned for 767 SOL, or about $130,000, the next day. But the next day, the value of the token surged, and the Solana user lost out on a possible $950,000 profit.

The price of DOGE, popularly referred to as the “original meme coin,” has increased by 3.8% and is currently $0.1532. It now has a market valuation of $22.11 billion, up 4.33% over the previous year, placing it tenth among cryptocurrencies. The trading volume for DOGE has increased by 103.73% to $2.11 billion, as reported by CoinMarketCap.

Recently, cryptocurrency trader AutoMcNatic tweeted about DOGE and hinted at a possible rise in the token’s value. As to the essay, DOGE’s price may increase to $0.22 if it surpasses $0.15, highlighting the significance of macroeconomic issues.

Earlier today, Pepe (PEPE) has increased 21% in the past day and is currently trading at $0.0000102. Whale transactions for the meme coin with a frog theme rose by 416%, indicating a noteworthy surge in exchange activity. The asset may see significant price volatility because its Relative Strength Index indicates that it is currently overpriced.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Puskar Pande

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