Floki, the popular canine meme coin inspired by Elon Musk’s Shiba Inu, is facing a significant downturn, with a staggering 31% drop in price in the past week, bringing it to $0.000217 at the time of writing. This decline surpasses that of other Doge-themed meme coins, such as Dogecoin and Shiba Inu, which saw losses of 12% and 16%, respectively.
Additionally, leading doge meme coins on Solana, like DogWifHat and Bonk, experienced drops of 24% and 18%, while newcomer DOG-GO-TO-THE-MOON fell by 20%. These losses reflect a broader decline across the crypto market this week, with Bitcoin only decreasing by 4.4% to $67,727.
Floki has struggled to surpass the $0.0003 resistance level throughout the year, despite a brief rally last week that saw it reach a new all-time high of $0.0003449. However, a subsequent correction of about 37% has disrupted its upward momentum.
As Floki faces challenges, crypto enthusiasts are turning towards AI trading bot meme coin WienerAI, which integrates artificial intelligence to provide users with advanced trading capabilities. WienerAI, not just another dog-themed meme coin, offers a digital companion that provides AI-enhanced trading advice, seamless swap functionality, and zero fees. With a successful presale already raising $5.6 million, WienerAI is positioning itself as a next-generation crypto project with significant utility and potential.
With a focus on user-friendly features and security, WienerAI aims to revolutionize the meme coin sector by offering a high-value proposition to crypto fans. Offering staking opportunities with a 200% APY during the presale, WienerAI is attracting attention from investors looking for innovative and promising projects in the crypto space. Check out the latest news on WienerAI on their website and join the presale to be part of this exciting venture.