To The Moon

FLOKI

Meme Games

Shiba Inu

Coin

The Floki price dropped 8% in the last 24 hours <a href="https://www.geckoterminal.com/eth/pools/0xca7c2771d248dcbe09eabe0ce57a62e18da178c0">to trade at $0.0001180</a> as of 00:43 a.m. EST, on trading volume that rose 28% to $188 million. 
This comes as <a href="https://insidebitcoins.com/news/next-cryptocurrency-to-explode-wednesday-august-7-floki-gravity-dogwifhat-cats-in-a-dogs-world">Floki</a> continues to register a negative in the last month, having tumbled 16%. The <a href="https://www.coingecko.com/en/categories/meme-token">meme coin space</a> has also dropped 5% to a $40 billion market capitalization. 
<h1 id="floki-price-could-break-out">Floki Price Could Break Out</h1> 
After dropping at the beginning of August to the $0.000102 support, the Floki price bulls were able to stage a trend reversal, pushing FLOKI to the $0.0001294 resistance, according to data from <a href="https://www.geckoterminal.com/eth/pools/0xca7c2771d248dcbe09eabe0ce57a62e18da178c0">GeckoTerminal</a>. 
<a href="https://insidebitcoins.com/news/is-it-too-late-to-buy-floki-floki-price-surges-13-as-meme-coin-traders-flock-to-this-new-shib-upgrade-for-100x-potential">FLOKI</a> has now been trading below this resistance but above the $0.0001156 support zone, in a sideways pattern. 
Current technical indicators show that FLOKI is currently on a bearish trend but with signs of rebounding. 
The price of Floki trades below both the 50-day and 200-day Simple Moving Averages (SMAs), supporting the bearish sentiment. 
Moreover, the Relative Strength Index (RSI) is dropping below the 50-midline level as it closes in on the 30-oversold level, currently at 37. This is an indication that there is some selling pressure as the asset now becomes undervalued. 
<figure id="attachment_563560" aria-describedby="caption-attachment-563560" style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" class="wp-image-563560 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V2-_GeckoTerminal.com_FLOKI_2024-08-12_07-43-46-1.png" alt=" FLOKI Price Chart Analysis Source: GeckoTerminal.com" width="1255" height="473" srcset="https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V2-_GeckoTerminal.com_FLOKI_2024-08-12_07-43-46-1.png 1255w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V2-_GeckoTerminal.com_FLOKI_2024-08-12_07-43-46-1-300x113.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V2-_GeckoTerminal.com_FLOKI_2024-08-12_07-43-46-1-1024x386.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/08/Uniswap-V2-_GeckoTerminal.com_FLOKI_2024-08-12_07-43-46-1-768x289.png 768w" sizes="(max-width: 1255px) 100vw, 1255px">
 <figcaption id="caption-attachment-563560" class="wp-caption-text">
 FLOKI Price Chart Analysis Source: GeckoTerminal.com
 </figcaption>
</figure> 
With the token becoming undervalued, this may also be a sign of a buying signal. If the buying persists, FLOKI could surge to breach the upper boundary of the sideways pattern, as the bulls target the $0.00018 resistance zone. 
However, the 50-day SMA still trades below the 200-day SMA, forming a death cross at $0.0001663. A death cross could still prompt the bears to exert more pressure on the token. In such a scenario, FLOKI could plunge back to the $0.0001089 major support level. 
As the Floki price bulls search for buying opportunities, investors are betting big on the Olympic-themed token, <a href="https://insidebitcoins.com/visit/thememegames" rel="nofollow">The Meme Games (MGMES)</a>, which has already garnered over $357K in its ongoing presale. 
<h2 id="olympic-themed-the-meme-games-the-best-meme-coin-to-buy-now">Olympic-Themed The Meme Games – The Best Meme Coin To Buy Now?</h2> 
Blending the excitement of the Olympics with the crypto world, The Meme Games allows users to bet on meme characters in fun, competitive events.&nbsp; 
The Meme Games introduces a gamified experience where users can bet on meme characters like Dogecoin ($DOGE), Pepe ($PEPE), DogWifHat ($WIF), Brett ($BRETT) and Turbo ($TURBO), competing in Olympic-style events. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 This is what happens when <a href="https://twitter.com/search?q=%24TURBO&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TURBO</a> has one too many espresso's. ☕️ <a href="https://twitter.com/hashtag/Paris2024?src=hash&amp;ref_src=twsrc%5Etfw">#Paris2024</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw">#Crypto</a> <a href="https://twitter.com/hashtag/DOGE?src=hash&amp;ref_src=twsrc%5Etfw">#DOGE</a> <a href="https://twitter.com/hashtag/BRETT?src=hash&amp;ref_src=twsrc%5Etfw">#BRETT</a> <a href="https://t.co/TngVhXoMvE">pic.twitter.com/TngVhXoMvE</a> 
 — The Meme Games (@MemeGames2024) <a href="https://twitter.com/MemeGames2024/status/1821471455009292450?ref_src=twsrc%5Etfw">August 8, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
The project offers an impressive 582% annual percentage yield (APY) for those who <a href="https://insidebitcoins.com/visit/thememegames" rel="nofollow">buy and stake $MGMES tokens</a>, further enhancing its appeal. 
According to crypto analyst and YouTuber Austin Hilton, $MGMES will be huge.&nbsp; 
<iframe title="OLYMPIC GAMES MEME COIN! THIS WILL BE HUGE!" width="640" height="360" src="https://www.youtube.com/embed/k6Cl4-niYwo?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
You can buy $MGMES tokens for $0.0092 each. But buy soon to lock in the best deal, as a price hike will come in a day. 
To join the presale, buy $MGMES from the official website here using ETH, BNB, USDT, or a bank card. Buy now to win a 25% bonus on your investment. 
<a href="https://insidebitcoins.com/visit/thememegames" rel="nofollow">Purchase $MGMES on its official website here.</a> 
<h2 id="related-news">Related News</h2> 
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The FLOKI Price Plunges 16% In A Month As Experts Say Consider This New Meme Coin For Parabolic Gains

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