Floki Inu Price Prediction - 400% Volume Spike as FLOKI Seen On China's CCTV-5 Channel, Can It Flip Pepe?
The Floki price spiked double digits this weekend following the meme token appearing on Chinese television, on a 'powered by Floki.com' billboard for the World Table Tennis Championships. Could it overtake Pepe?
Sun Yingsha defeated Olympic champion Chen Meng 4-2 on Sunday, May 28th.
The official @RealFlokiInu Twitter account tweeted that $FLOKI being featured on the main TV sports channel could have introduced the meme token to '100 million+ people in China, just in time for Hong Kong legalizing crypto in a few days time'.
FLOKI trading volume in the past 24 hours is up almost 400%, according to CoinMarketCap, where it has rebranded from its former name Floki Inu - to differentiate itself from Shiba Inu, now one of the top meme coins in its own right.
Following its Binance listing on May 5th, FLOKI broke into the top 100 cryptocurrencies by market cap, now #101. The FLOKI market cap is now over $330 million, making it the #4 largest meme coin.
Trader @Phoenix_Ash3s is optimistic that the China pump could see continuation. His meme reference to the Xi Jinping pump refers to a historic rally for the Bitcoin price back in 2019 that veteran traders may remember.
Between May 24th and today, the FLOKI price has rallied almost 25% before a pullback, helping it to recover some of the post Binance listing selloff.
Crypto Tony is optimistic FLOKI and PEPE can start to push up from support, both currently in a descending triangle pattern.
He tweeted to his over 300,000 followers that no meme coins come close to the power those two 'legends' have.
Pepe was listed on Binance the same day as FLOKI, May 5th, and had a deeper dump following that than FLOKI.
If the FLOKI price can rally 60% from its current point, it would flip Pepe in market
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