Floki is up 7% on a weekly chart as of December 10, once again attracting the investors’ attention to the meme coin sector, and specifically to dog coins, as they look for the next 1000x meme coin.
The project saw interesting performance over the past seven days. During the last week, it was seeing a steady and careful overall increase, even though it had small fluctuations pretty much constantly.
Crypto Market Remains Volatile
Floki’s resistance at $0.00024 proved to be a strong barrier, however — one that the project did not manage to overcome until the weekend when it surged past it in an attempt to reach $0.00028.
However, it didn’t manage to get that high up, spending the weekend and most of Monday of this week fluctuating between $0.00025 and $0.00027.
The project’s surge on December 7 likely came after Elon Musk’s tweet, which depicted a sandstorm with Doge’s face in it spreading through the town.
https://www.twitter.com/elonmusk/status/1865285753569177656
Like many times in previous years, Musk’s tweets involving cryptocurrencies, and particularly dogs, once again sparked a price surge among dog coins, which likely pushed Floki up — first beyond the resistance at $0.00024, and then later to $0.00028 on late Monday.
Unfortunately, the resistance at $0.00028 rejected the coin within a few hours, sending it into a downward spiral to $0.00023, from where it once again climbed to $0.00024, thus marking a 7% increase compared to where it was a week ago.
However, the crypto industry is currently still in the middle of a bearish wave, and technical indicators suggest that FLOKI is likely to see another correction in the hours to come, effectively trapping its price between $0.00023 and $0.000024 for the time being.
However, while FLOKI is relatively close to its ATH, it is not the coin that many in the market are currently excited about. Instead, those looking for the next 1000x meme coin have recently doubled down on Crypto All-Stars (STARS).
BUY STARS AND START STAKING EARLY
What Makes STARS The Next 1000x Meme Coin?
Crypto All-Stars is a meme coin project created to revolutionize staking in the meme coin sector, specifically. The project introduced MemeVault — a unique staking smart contract that is currently the only staking platform that lets you stake more than one cryptocurrency.
As the industry’s first multi-coin smart contract for staking, MemeVault could allow Crypto All-Stars to become the center of meme coin staking.
After 2024 established itself as the year of the meme coins, most investors have at least one meme coin as part of their portfolio, with many having two, three, ten, or more.
Those who intend to hold their coins for the long term are typically very likely to stake them, as well, but staking each coin would require using a separate smart contract.
MemeVault lets you stake them all in the same place, which is where its main benefits lie.
For now, while Crypto All-Stars is still in ICO, only its STARS token can be staked. However, the ICO will end in 10 days.
After that, MemeVault will add support for 11 more meme coins, including Dogecoin, Bnk, Pepe, Coq Inu, Shiba Inu, Toshi The Cat, Floki, Turbo, Brett, Milady, and Mog Coin.
JOIN THE STARS ICO WHILE THE TOKEN’S PRICE IS LOW
In time, the project intends to expand this list even further, and this gives it the potential to truly become the next 1000x meme coin. For the time being, its token is still in presale, although only for 10 more days, as mentioned.
Right now, it sells for $0.0016782, but many assume that its price will skyrocket after launch. The ICO itself attracted quite a few investors and a massive amount of capital, raising over $11.48 million as of December 10, and will likely add a few more by its conclusion.
So, if you wish to join one of the cryptos with the highest potential and what could be the next 1000x meme coin, don’t wait too long — get STARS tokens today and start staking, both STARS and your other meme coins once the project’s ICO ends.
