Meme coin markets are in overdrive, and Floki Inu is on the climb, with FLOKI bulls now targeting a new all-time high after an aggressive upside move triggered by Revolut.
It’s no secret that dog-coins are here to stay. In fact, the unique staying power of Dog-themed cryptocurrencies is deserving of a focused study by academics.
As an icon in the meme coin market since 2021, Floki Inu is once again leading the charge.
#FLOKI IS NOW LIVE ON REVOLUT BUSINESS!
Revolut is the biggest neobank and retail trading app in Europe, with 40 million+ users in 150+ countries.
The Revolut Business listing makes it easy for businesses across Europe to buy $FLOKI and will accelerate Floki's vision of… pic.twitter.com/FD9tcO6WFi
— FLOKI (@RealFlokiInu) May 15, 2024
The latest upside move appears to have been fuelled by a bullish listing for Floki Inu on Revolut Business, enabling European commercial accounts to invest in the FLOKI asset.
As price actions hold strong in bullish form, Floki Inu is currently trading at a market price of $0.00022 (Representing a 24-hour change of +17%).
The upside move, which was fuelled by a positive fundamental shift in the winds from Revolut, provided FLOKI with the perfect bullish third bounce off lower trendline support earlier this week.
With a triple re-test of support for the bullish trading channel, it seems probable that there is now sufficient confidence in FLOKI’s technical structure to mount a higher push.
This is contingent on FLOKI smashing up through a local layer of upside resistance around $0.00025.
However, if bulls can fuel a price move above these levels, then FLOKI is left targeting a move up that will see price action attempt a new all-time high (with $0.00035 forming a strategic goal).
Meanwhile,
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