Floki and DogWifHat are at the forefront of a surprise meme coin market surge.
As investors rush to gain exposure, these dog-themed tokens are showing that there’s still massive liquidity in the meme coin space.
Meanwhile, the buzz around newcomer PlayDoge is getting louder – and one industry expert has predicted it could be the next coin to take off.
Floki Surges 20% After Soccer Partnerships & New Token Airdrop Are Announced
Floki (FLOKI) has had an impressive 24-hour period, with its price jumping over 20%.
This price spike has caught traders’ attention, given its similarity to mid-July’s rally.
However, this time, FLOKI’s performance isn’t random.
It’s supported by recent developments that are boosting investor confidence.
A key factor driving the rally is Floki’s partnership with some major soccer teams, giving the token huge visibility among millions of fans.
Many believe this exposure will massively boost interest – and trading volumes.
Additionally, a large token airdrop has prompted excitement among FLOKI holders.
This airdrop, for Simon’s Cat (CAT) tokens, is like a surprise bonus for the FLOKI faithful.
Those who hold over 400,000 FLOKI are eligible for the airdrop.
The combination of these two factors has led to increased demand for the token this week, boosting its price.
Time will tell if the rally can be sustained, but for now, it’s a hot topic.
DogWifHat Jumps 10% as Whale Activity Prompts Investor Interest
DogWifHat (WIF) is following closely behind FLOKI with a price jump that’s caught traders’ attention.
WIF has surged to $1.62, a 10% increase from yesterday’s low.
The token has also rejected the 50-period EMA on the 4-hour chart as support – a signal that further gains could be on the horizon.
Investors are also taking note that WIF formed a higher low on the same timeframe.
That’s a classic indicator that a new uptrend could be underway.
Adding to the bullishness, crypto analyst @trader_marky posted about some significant whale activity involving WIF.
A large investor reportedly deposited $35 million worth of WIF on Kamino Finance – and then used a $2.8 million loan to buy even more.
This sort of move indicates that whales might be getting ready for further price increases.
With spot volumes also up 21% since yesterday, WIF’s rally is gaining momentum.
And some believe that the highs of early August could be within reach once again.
PlayDoge Presale Enters Final Few Days & Expert Hints At Potential Post-Launch Pump
PlayDoge (PLAY) is also generating traction this week.
Now in the final four days of its presale, PlayDoge is gearing up for its official market launch.
But why all the hype?
Its P2E model is drawing recognition thanks to its mix of retro vibes and crypto rewards.
Beyond that, PlayDoge’s team has also launched a staking protocol for the PLAY token, offering yields that are attracting investors looking for passive income.
Adding to its credibility, PlayDoge’s entire ecosystem has even been audited by SolidProof.
This audit has boosted the excitement – with many viewing it as a sign of PlayDoge’s long-term potential.
Crypto expert Cilinix Crypto thinks so.
He reviewed PlayDoge in a YouTube video that’s got investors talking.
Cilinix Crypto noted that while it’s still early days, the project has raised millions and has over half of its presale tokens already staked.
That highlights the scale of the early adoption.
While he offered the usual caution about the risks of presales, Cilinix Crypto is hopeful about PlayDoge’s future, especially with its mobile app now in development.
This sort of endorsement can be huge for a new meme coin project.
So, with FLOKI and WIF back in the green, PlayDoge could be about to follow in their footsteps.
