Is It Too Late to Invest in Floki? FLOKI Reaches Record High, Analysts Recommend This AI Meme Coin Next
Floki ($FLOKI), a well-known meme coin inspired by Elon Musk’s beloved Shiba Inu, achieved a new all-time high (ATH) of $0.0003449 yesterday at noon UTC.
The surge in Floki’s value was largely fueled by reminders circulating on crypto social media and blogs highlighting its status as the leading meme coin on Binance Smart Chain ($BNB).
Despite a 9.3% drop from its ATH and a 4.2% decrease from its price 24 hours ago, Floki is currently trading at $0.0003128.
Investor enthusiasm for Floki has recently been driven by the announcement of its Telegram-based trading bot, currently in closed beta testing. The bot uses $FLOKI as its native utility token and charges a 1% fee per trade, with half of the revenue used to repurchase and burn $FLOKI tokens and the other half going into the treasury.
The public launch of the Floki bot is expected in the coming weeks, bringing this new tool to Floki’s 480,000 holders.
Launched in 2021 and named after Elon Musk’s pet Shiba Inu, Floki is compatible with both Ethereum ($ETH) and Binance Smart Chain.
Analyzing Floki’s trading chart over the past three months reveals a growing support level from $0.0001 to $0.0002, indicated by a diagonal green line. The token has surpassed previous resistance levels of $0.00023 and seems to be maintaining its recent highs.
With Floki trading in line with its 30-day moving average and a healthy relative strength index of 53, it is unlikely to experience a significant correction in the short term, potentially maintaining its recent gains and reaching new highs.
As Floki gains momentum, crypto enthusiasts are flocking to AI trading bot meme coin WienerAI.
While Floki prepares its trading bot, newer coins like ScottytheAI and WienerAI have already entered the market. These coins combine meme appeal with the utility of artificial intelligence, attracting a large following.
WienerAI, in particular, offers a unique value proposition with its advanced beginner-friendly AI trading bot. With a presale just a month old and $4.7 million in investments, WienerAI aims to revolutionize AI trading in the crypto space.
Audited by blockchain security platform Coinsult, WienerAI offers staking options for around 20% of its supply, with a current APY of 232%.
For the latest news on WienerAI, follow them on X and Telegram, and join the presale on their website.
Disclaimer: Cryptocurrency is a high-risk asset class. This article is for informational purposes only and should not be considered investment advice. All capital is at risk in cryptocurrency investments.