Best and Worst Performing Altcoins for the Second Week of June 2024
This past week, the cryptocurrency market has experienced mixed sentiments. While some assets have soared to new highs, others have plummeted to new lows.
Keep up with what's happening in the crypto world in real-time.
This past week, the cryptocurrency market has experienced mixed sentiments. While some assets have soared to new highs, others have plummeted to new lows.
The crypto market is currently facing selling pressure, and cryptocurrencies Shiba Inu (SHIB), Dogwifhat (WIF), FLOKI and PEPE are not exempt from the bearish action, posting significant losses over the past day.
If the bulls re-emerge and regain market control, they can drive FLOKI's price up above the current support level.
Cryptocurrencies and stocks rebounded on Wednesday after the weak US inflation data and as investors bought the recent dip.
The meme coin economy is thriving on Wednesday, ahead of the U.S. Federal Reserve meeting, as the sector saw nearly $4 billion injected over the last 12 hours. Several meme tokens experienced substantial gains, with BENJI rising 36.9%, MAGA increasing 23.2%, and the runes-based DOG gaining 22.1%. Crypto Market Rises 3.
Floki, originally inspired by Elon Musk's dog and dubbed the “people's currency,” has grown beyond its meme roots. As a major player in the web3 space, and the recent price jump, many bullish FLOKI price predictions are circulating in the crypto market.
As the cryptocurrency correction accelerates, meme coins are among the worst sufferers yet again thanks to being highly volatile. Traders of meme coins faced an eight-digit liquidation wave in the last 24 hours.
The broader market slump hit Floki (CRYPTO: FLOKI), causing the dog-themed memecoin to become one of the biggest losers in the last 24 hours. What Happened: Floki endured losses of more than 9%, surpassing the declines seen in blue-chip currencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and the broader memecoin sector.
Floki Name Service, a decentralized domain name service by the popular meme coin, is now live exclusively on the BNB Chain mainnet. This service allows users to create a unique .floki domain name, which can be used as an on-chain identity and for other purposes such as launching a decentralized website, blog, or résumé.
FLOKI's Web3 name service is proudly unveiled in spite of the unceasing bearish market sentiment.
Floki Inu is in a downtrend where its price has continuously declined for days. It is not the most disappointing part, as more disappointment comes from the fact that it just recently surged to its maximum, creating an all-time high record of $0.0003462 just six days ago.
Floki Inu (CRYPTO: FLOKI) announced the launch of its new name service enhancing utility and fundamentals of the ecosystem, prompting renewed bullish price predictions from analysts. What Happened: Floki announced that its "Floki Name Service" is now available exclusively on BNB Chain mainnet.
BEER is one of the very few meme coins witnessing some gains today (June 11).
Here are three cryptos to avoid, for long-term investors concerned about potential downside during the next crypto market downturn.
Memecoin sensation Floki has announced that its Name Service is now live on the BNB Chain mainnet. FLOKI Expanding its Utility The Floki Name Service feature is a decentralized domain offering that allows anyone to create a decentralized .floki domain name.
Renowned market expert Michael Van de Poppe has recently shared his insights on the current state of the cryptocurrency market, highlighting potential breakout opportunities for altcoins. As the largest cryptocurrency on the market, Bitcoin (BTC), consolidates in a price range between $67,000 and $70,000, Van de Poppe's latest market update suggests that this may be the ” final time” to invest in altcoins before a potential breakout.
Floki Name Service, launched exclusively on the BNB Chain mainnet, enables users to create decentralized .floki domain names.
As the cryptocurrency segment demonstrates pale performance, meme coins are underperforming. One of the largest meme cryptocurrencies, Floki Inu (FLOKI), is dangerously close to leaving the top 50 digital assets by market capitalization.
The cryptocurrency market has experienced a significant correction in its valuation over the past weekend, with top tokens recording a notable correction in their respective portfolios. Following the trend, the memecoin category displayed a similar trend and broke down their important support levels.
The markets witnessed a sluggish trend throughout the past weekend, due to which the prices of the majority of the tokens traded within a very narrow range. Besides, some of the memecoins are displaying some strength and hence the rest of them are expected to follow the trend.
A closely followed analyst says one altcoin flying under the radar may be trading well below its fair value. Pseudonymous analyst Inmortal tells his 214,300 followers on the social media platform X that he's long-term bullish on Mythos (MYTH). Mythos is a multi-chain ecosystem that aims to democratize gaming for creators and players.
Memecoin project FLOKI has hit a historic milestone in its user count, proof of its fast-growing global ecosystem. The FLOKI Milestone and Reward Scheme In celebration of achieving 417,400 holders on the BNB Chain, FLOKI said it is now offering holders the opportunity to claim FLOKI interest rewards shares.
Floki Inu outpaces Dogwifhat in market cap, reflecting stronger appeal in the cryptocurrency market.
Floki, the rival to Dogecoin, is making waves in the crypto world as DWF Labs, a crypto investment firm, announces a significant investment in the meme-based cryptocurrency.