Strategic move from the popular memecoin FLOKİ: While Floki Inu rises 60 percent, the rival meme coin is causing excitement!

Popular meme coin Floki Inu (FLOKI) saw a 40 percent rise in price after launching a dramatic campaign in Times Square. The price of the meme coin, which rose in the early trading hours of the last trading day of the week, witnessed a significant jump following the striking campaign launched in New York Square and the new partnership with Uphold, a globally renowned digital trading platform.

FLOKİ price analysis

FLOKİ, which made significant breakthroughs at the beginning of March despite remaining stagnant for a while, tested the highest level of the last two years. Meme coin, which experienced a movement in its price at the end of February, has lost another zero in its price with an increase of 528 percent since the beginning of March. Floki Inu, which reached 0.000179 from the $ 0.000060 support zone, is trading at $ 0.0001801 at the time of writing.

Floki 1-week price chartIn addition, it reached the highest Total Value Locked (TVL) of all time. The price of the meme money Floki, which shows signs of a permanent rise with its TVL value of 526 million dollars, the highest value of all time, is also supported by token burning. Floki Inu DAO aims to remove 190.9 billion tokens from the market by approving the token burn.

Floki Inu is getting stronger with its marketing strategy!

The Floki meme, which has gained significant upward momentum in a short time, announced that it will start advertising campaigns in New York's popular Times Square. The marketing campaign, which will start on March 15, is planned to last 3 months, and Floki Inu will be shown in a worldwide popular advertising center during this 3-month period.

The Meme coin will be featured on the digital billboard Times Square Plaza in Time Square. It will carry out a marketing campaign on a double-sided HD LED screen. Floki, which will be exhibited to a significant crowd with this monumental billboard, aims to strengthen and increase its visibility in the ever-expanding meme coin market. This long-term marketing effort of the Meme coin paves the way for optimistic targets for the price of the asset.

How will the marketing campaign affect the price?

Analysts and investors think that this strategic move by Floki Inu will increase investor confidence. The meme coin, which gains more prevalence and adoption, is expected to stand out from its competitors and move towards its all-time high. Additionally, with investor confidence, there may be a concrete improvement in market performance.

Thanks to the Floki Staking Program, analysts and market experts think that FLOKI coin will break the previous all-time high of $0.000343. A move towards this level could reveal bullish momentum on the price. According to CoinMarketCap data, the asset, which is the 58th largest meme coin by market value, may rise after this move and be positioned between $0.000252 and 0.000275 support levels.

Looking at the technical graphics of the Meme coin, the 50 and 200-day moving averages support the upward trend and show that caution should be exercised before taking a position. However, the Relative Strength Index (RSI) used in price prediction indicates an overbought situation. These data also create predictions that the asset may experience a retreat before the next rise.

In conclusion, Floki Inu is one of the meme coins that has the potential to grow in the upcoming bull run, both with strategic marketing moves and with the increase in burn rate and confidence in the asset. However, investors should take into consideration that the cryptocurrency market has uncertain conditions before investing in any asset.

Also Read: “Grok AI's altcoin selection: 4 cryptocurrencies with high potential in the bull market”

In addition to Floki Inu, new assets are also being followed. Smog token, which is among the newly released meme coins, is a particularly preferred meme coin with its pronoun launch concept. Smog token rose rapidly after being listed on Solana's local exchange, Jupiter, and took its place among the meme coins.

Smog token moves towards $1

Smog token, which has grown by 22 percent in the last 24 hours according to CoinMarketCap data, is separated from pre-sales with a fair distribution approach. The asset, which makes a fair distribution by giving every user an equal chance of participation, also stands out with the largest airdrop campaign ever on the Solana base.

Smog token 1-day price chartThere is an 11 percent decrease in the transaction volume of the token, whose current price is $ 0.3444. After the Smog token, which can be purchased with Ethereum and card, is listed on different exchanges, its price is expected to increase as its adoption increases.

Buy SMOG Token

When we look at the details of the Smog token project, we see that the project is a play-win game. Introduced as an entity that will rule all meme coins, the project is based on the theme of fighting against dragon hunters, and players have the chance to earn airdrop points in this way. At the same time, players who can earn points by performing in-game tasks can also earn passive income with a 45 percent AYP reward.