With Bitcoin (BTC) reclaiming the $63k level, the cryptocurrency market has entered a frenzy. BTC’s stellar performance has trickled into other altcoins, triggering a market-wide positive sentiment. Memecoins, in particular, are seeing a surge in price. Floki Inu (FLOKI) is currently the third-best-performing cryptocurrency among the top 100 projects, behind only Pepe (PEPE) and dogwifhat (WIF). In fact, the six best-performing cryptocurrencies over the last week are all memecoins.
Floki Inu (FLOKI) has surged by 20.3% in the daily charts, 325.2% in the weekly charts, 356.5% in the 14-day charts, and nearly 457% over the previous month. Moreover, the asset’s price has increased by 279.5% since March 2023.
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Can Floki Inu (FLOKI) hit $0.0003 next?
According to CoinCodex, FLOKI could hit a high of $0.000171 in March 2024, a rise of nearly 10% from current levels.
Also Read: Shiba Inu: $1000 Investment in 2020 Turns Into $11 Million in 2024
Changelly, on the other hand, anticipates FLOKI to hit a maximum price of $0.000117 in March 2024. As for the rest of the year, the platform predicts the asset to reach a maximum of $0.000171, which it may attain in December this year.
Telegaon is more bullish on Floki Inu (FLOKI), predicting a maximum price of $0.000248 this year. Reaching $0.000248 from current levels would translate to a growth of about 59.4%. However, Telegaon does not clarify when FLOKI may hit the $0.000248 level.
Also Read: Dogecoin Rockets to New Highs: Up 83% in One Week.
Floki Inu (FLOKI) is currently down by 53.6% from its all-time high of $0.0003365, which it attained in November 2021. If BTC continues its bullish trajectory and reclaims its all-time high of $69,044, FLOKI may follow suit and reclaim its 2021 peak.