Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
As the Floki (FLOKI) price struggles to recover from its recent sell-off, holders are flocking to an exciting new unlisted ICO that they hope can deliver near-term gains.
FLOKI was last trading around $0.0001280, up an impressive 30% from its Monday lows.
Global financial markets, including cryptos, suffered a major rout on Monday.
But that impressive recovery still leaves FLOKI down over 20% on the month, and more than 60% down from yearly highs above $0.00030.
With Floki seemingly trending lower, a retest of 2023 highs in the $0.00007 area is possible.
Amid the prospect of 45% drop from current levels, its no surprise that Floki holders are hunting for alternatives that might perform better.
One such alternative that is gaining a lot of attention is a new unlisted ICO called The Meme Games (MGMES).
The exciting new Olympic-themed meme coin, which features a fun play-to-earn (P2E) component, has garned glowing reviews from dozens of crypto influencers, including the likes of Jacob Crypto Bury, Conor Kenny and Clay Bro.
And analysts at Cryptonews.com rank it as one of there top presales to invest in right now.
Watch Cryptonews.com’s in-house presale analyst Crypto Arjay explain why the token could be a big success.
So, why is there so much hype surrounding new unlisted ICO The Meme Games? What are the above-mentioned influencers seeing in the project?
Let’s go over everything you need to know.
The Olympic Games kicked off just two weeks ago. But the event hasn’t issued an official token, leaving a gap for crypto market
Read more on cryptonews.com