Floki (FLOKI) has had an impressive run this past month, surging over 20% and gaining momentum by the day.
Now, investors are wondering if this trend has the legs to continue.
At the same time, a new coin called Crypto All-Stars (STARS) is gaining traction – with some speculating it could follow in FLOKI’s footsteps.
FLOKI Bounces Back as Community Buzz Intensifies
Floki, the coin inspired by Elon Musk’s Shiba Inu, has been making headlines this week.
And its community of “Floki Vikings” is buzzed about the bullishness.
Currently trading at $0.000149, FLOKI has climbed 19% from last Thursday’s low and is pushing towards September’s local high.
If that level is broken, it could pave the way for further gains.
But there’s more to the hype than just FLOKI’s positive price action.
Unlike most other meme coins, FLOKI is working to bring real utility.
It looks like #Floki‘s relentless building is finally being priced in, as it’s up 8% on the day and significantly outperforming other top #memecoins, including $DOGE, $SHIB, and others.$FLOKI is still on track to become THE main #memecoin of this bull run. Don’t say I didn’t…
— Sir Dickson (@Wizarab10) October 14, 2024
The coin’s ecosystem features an NFT gaming metaverse called Valhalla, a suite of DeFi products under the FlokiFi banner, and even philanthropic initiatives.
This mix of meme culture and actual use cases has helped FLOKI stand out.
With a market cap of $1.4 billion, it’s now the sixth-largest meme coin in the world.
That said, FLOKI has proven notoriously volatile, as evidenced by the 29% drop just two weeks ago.
Is There More Upside Ahead for FLOKI Investors?
FLOKI’s rally has left some investors wondering if they’ve missed the boat.
However, a closer look at the charts suggests this dog coin could just be getting started.
Yesterday, FLOKI hit a significant milestone by closing above the 200-day EMA.
This is a key technical indicator, often seen as a proxy for the long-term trend.
Adding to the bullish case, the daily chart shows a consistent pattern of higher highs and higher lows – a classic sign of a bull market.
Meanwhile, the daily RSI sits at 56, well below the overbought threshold.
That suggests there’s room for even more gains.
Looking at the bigger picture, FLOKI is still 56% below its all-time high from June.
And in contrast, other meme coins, like NEIRO and SPX6900, have already surged to new heights.
Again, this leaves FLOKI with significant upside potential, especially if the current market conditions continue.
So, for those who missed out on FLOKI’s recent gains, it might not be too late to get involved.
Can Crypto All-Stars Be the Next Big Meme Coin After Raising $2.3M in Presale?
While FLOKI rises, some investors are already searching for the next big winner.
Crypto All-Stars is grabbing a lot of attention in this regard.
It’s not just following the meme coin trend – it’s looking to disrupt it entirely.
The main reason for all the hype around Crypto All-Stars is its MemeVault feature.
It’s an ecosystem where users can stake popular meme coins, like FLOKI, to earn regular rewards.
These rewards are paid out in STARS, Crypto All-Stars’ native token.
By offering a single place to stake meme coins, the developers aim to make MemeVault a “hub” for all things degen.
And people are noticing.
Crypto Twitter is buzzing about how MemeVault could turn risky tokens into steady income generators.
Plus, like FLOKI, Crypto All-Stars has a hilarious meme vibe that’s resonating with the masses.
STARS’ tokenomics are also attractive.
A significant portion of the total supply has been allocated for staking rewards, ecosystem growth, and exchange liquidity.
SolidProof and Coinsult, two top-tier blockchain security firms, have also audited the STARS token.
All of these factors have helped Crypto All-Stars raise $2.3 million in presale already.
Early backers are now looking ahead to the planned DEX listing.
If MemeVault delivers on its potential, STARS could be the next meme coin to pump after FLOKI.
Visit Crypto All-Stars Presale
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