FLOKI Surges 17% Ahead of Update

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FLOKI recently hinted at a big announcement scheduled for October 27, 2023, through their official X page. In response, the cryptocurrency community expressed excitement, leading to FLOKI’s price surging more than 17% within 24 hours. During this time, FLOKI also secured its position as the second-best performing meme coin.

FLOKI’s Remarkable 24-Hour Performance

Over the past 24 hours, FLOKI, the altcoin, saw an impressive price increase of 17.22%, reaching a value of $0.00002501. This significant gain also contributed to a positive weekly performance of +35.71%.

It wasn’t just the price that surged; FLOKI’s trading volume also experienced substantial growth. In the same 24-hour period, the trading volume increased by over 260%, reaching a total volume estimated at more than $170.28 million.

FLOKI / Tether US 1D (Source: TradingView)

FLOKI’s Recent Performance

In the past 24 hours, FLOKI reached a high of $0.00002642, and although it retraced slightly, it remained closer to this peak than its daily low of $0.00002087.

FLOKI’s positive trend was part of a broader movement in the meme coin sector over the past day. The overall market capitalization of meme coins increased by 2.17%, reaching a total value of $14,309,290,565. Additionally, the trading volume for meme coins increased by over 45%.

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Notably, FLOKI was the best-performing meme coin during this 24-hour period. Only ArbDoge AI (AIDOGE) outperformed FLOKI, with a 24-hour price increase of 18.54%. However, FLOKI had a stronger performance over the past week, with a weekly gain of +35.71%, while AIDOGE’s weekly performance was +19.17%.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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