Floki, the people’s cryptocurrency and the utility token of the Floki ecosystem, recently saw a strong price surge that allowed the token’s price to skyrocket by 17% in the last 24 hours.
On a weekly basis, FLOKI surged by more than 21%, reaching a weekly high at $0.00014. The surge comes as part of a wider crypto market rally, but it brought a major change to the project’s price, which spent the majority of the last seven days struggling to breach a resistance at $0.000118.
The token remained flat just below this level between August 15 and August 20, only for its price to skyrocket in the last two days.
With the recent news of the ByBit adding a FLOKI/USDC trading pair in response to strong demand, the token’s liquidity was boosted to over 40 million users.
https://x.com/RealFlokiInu/status/1826574715219026327
It is also worth noting that the Crypto.com exchange has been running the FLOKI App Campaign for some time now, recently announcing that it will end in one week and that those who join get to win rewards from a Bitcoin pool worth around $20,000 by building their FLOKI stack.
https://x.com/cryptocom/status/1826559948731429191
But, with FLOKI’s price soaring so high so sharply, it is quite possible that it is too late to get into Floki now and see sizable profits. In fact, chances are that joining Floki at this point would be a high-risk move, as a correction might soon follow. The recent rally is only the latest development in the market, which has been extremely volatile over the past few weeks.
This is why investors might want to look for alternative opportunities, such as meme coins that are still in presale and have yet to see their big surge. One such project is PlayDoge (PLAY), whose ICO is rapidly approaching its end.
JOIN THE PLAY PRESALE AND BUY ITS TOKENS AT LOW PRICE
What is PlayDoge about?
PlayDoge is a new dog-based meme coin that doubles as a P2E project. It is working on a game that was inspired by Tamagotchi, a popular toy from the 90s that allowed the user to interact with their own digital pet.
PlayDoge decided to bring the game into the Web3 space, in the form of an upcoming app, and allow users to play with their 2D Doge pet, feed it, train it, and even complete mini-games together, and in return for doing it, they receive PLAY tokens as a reward.
The game is expected to launch soon after the ICO ends, and the ICO itself is scheduled to end next Monday, August 26. That leaves very little time for interested investors to join and buy PLAY at its low price of $0.00531, before it skyrockets post-launch, as many expect it to.
LAST CHANCE TO BUY PLAY BEFORE THE ICO ENDS
So far, its presale raised over $6.15 million, showing that there is massive demand, and becoming one of the most successful presales of the year. After going live, the demand is expected to launch its value sky-high, and that is where the biggest investment opportunity in the remaining days of August lies.
