Memecoins FLOKI, PEPE Register Explosive Runs as BTC, ETH Climb
Release: 2024/03/09 19:29 Reading: 376
- FLOKI broke into the top 50 and PEPE’s price climbed by 15.32% in the last 24 hours.
- Indicators including the AO and RSI suggested a bullish momentum for FLOKI.
- PEPE maintained its bullish outlook, indicating a rise to $0.000010.
The prices of Bitcoin (BTC) and Ethereum (ETH) recorded mild jumps in the last 24 hours. But for memecoin Floki (FLOKI) and Pepe (PEPE), that was enough to trigger double-digit increases within the same period.
For a while, memecoin has been in the spotlight. However, its parabolic growth slowed down during the week. But Friday, March 8 was another day for the prices of FLOKI and PEPE to make notable gains.
According to CoinMarketCap, FLOKI’s price increased by 53.10% as the market cap climbed to the 50th position. PEPE, which was built on the Ethereum blockchain hit a market cap of $3.86 billion as the value increased by 15.32%.
FLOKI Price Prediction
On the 4-hour timeframe, FLOKI’s price continued to take shots at a higher level. As of this writing, the Relative Strength Index (RSI) showed that the token was overbought. Typically, this was supposed to trigger a reversal from the uptrend.
But, in the context of t…
The post Memecoins FLOKI, PEPE Register Explosive Runs as BTC, ETH Climb appeared first on Coin Edition.
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