FLOKI Price Prediction: FLOKI surges 47%. With the rise of Solana meme coin Smog, the largest airdrop in history is coming!

FLOKI price has increased by 47% in the past day, reaching $0.0001204 per share as of 2:30 am.
FLOKI’s rally comes after a recent proposal to burn the token’s supply, 2%, was approved. The burn is expected to take place within the next week.
It’s official: FLOKI DAO voted to burn 1909,1858,5431.84 FLOKI tokens.
Floki DAO has voted to burn 1909,1858,5431.84 FLOKI tokens worth over $24 million, which is equivalent to $24 million based on current market value.
At the discretion of Floki DAO, these tokens will…
FLOKI Price Prediction: A correction is coming before a massive rally
Looking at the highs and lows of FLOKI’s price action, FLOKI has seen a massive surge over the past few days. However, FLOKI’s price has recently seen a sharp decline, indicating strong selling pressure or a possible trend reversal.
FLOKI price has been trading above the long-term 20-day simple moving average (SMA), confirming the previous bullish trend. However, the price has crossed the short-term 20-day SMA downward, confirming a short-term bearish signal. Moreover, FLOKI price recently broke above the upper band, indicating that the asset is overbought.
The Relative Strength Index (RSI) is around 64.3, declining from overbought conditions. The declining RSI value reflects the bearish sentiment that has accumulated in the market. On the other hand, the recent few candles before the price decline formed a consolidation pattern with the price moving sideways, indicating indecision in the market.
While the short-term trajectory of FLOKI’s price suggests a possible correction, the surge in FLOKI’s total locked value (TVL) could signal long-term bullishness. On February 27, FLOKI’s TVL reached an all-time high of $105 million, equivalent to 25% of the total supply.
While the short-term trajectory of FLOKI’s price suggests a possible correction, new memecoin SMOG has also seen gains of 50% in the past 24 hours and looks like a great option for investors as the team says it will be conducting its largest airdrop ever.
An alternative worth considering
When SMOG first appeared in early February, it immediately gained more than 30,00% and now has 40,000 holders.
The Smog team has set aside 1.4 billion tokens, or 35% of the total supply, for an upcoming airdrop that is being called the “largest ever.”
The easiest way to participate is to earn and hold SMOG tokens. Investors can also sign up for Zealy’s social groups on Smog and earn points by completing tasks to qualify for additional airdrop tokens. 800,000 tasks have been completed so far.
Meanwhile, some lucky BONK, WIF, MYRO, and SAMO holders are receiving $1,500 worth of SMOG token airdrops every day.
Join the SMOG community and increase your SMOG airdrop points.
Complete missions to earn extra points!
Stay tuned for upcoming announcements.
By exchanging ETH or USDT, you can enjoy a discount of 10% when purchasing Smog on the official website.
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