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As we enter July, speculation is ramping up about whether FLOKI could break the $0.002 barrier this month – or whether the token will continue to trade sideways.Let’s take a closer look at where FLOKI stands right now.Since mid-June, FLOKI’s been trading sideways while other meme coins have rallied.But zoom out a bit, and you’ll see it’s still up 97% since the beginning of 2024.On the technical front, FLOKI’s been struggling with key moving averages.
It’s tapped the 200-day exponential moving average for support but can’t seem to break through the 50-day EMA resistance.But here’s where it gets interesting: spot volumes have surged 32% to $297 million, making FLOKI the 5th most traded meme coin.Can FLOKI Hit $0.002 This Month?That would require a 16% jump in FLOKI’s price.
For most altcoins, that would be a sharp rally – but FLOKI has made that leap countless times in its lifespan.Recently, FLOKI’s team has been stirring the pot.Not to mention, they justIt seems the FLOKI team is intent on keeping the momentum going.Yet FLOKI has remained one of the most traded meme coins despite its wild price action.
If the token can remain above the 200-day EMA, using it as dynamic support, then $0.002 isn’t just possible – it might be inevitable.While FLOKI’s potential surge captures attention, it’s not the only meme coin looking bullish.Nostalgia Meets Crypto With PlayDoge – The New P2E Meme CoinBut it’s not just another no-utility meme coin.Now imagine one that’s a Doge, and instead of just keeping it alive, you’re also earning crypto.
And with 12% of the total token supply set aside for staking rewards, the developers are clearly focused on passive income.PLAY tokens are priced at $0.00515 each in the presale, but this price will increase every few days, encouraging investors to get in early.If the project can continue on its current trajectory, then there’s a solid chance it could also experience a bullish July, similar to FLOKI.: The above article is sponsored content; it’s written by a third party.
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