Last week, FLOKI, a known player in crypto, saw a 22% price increase, hinting at a MEME coin supercycle. This spike could be a turning point in the Memecoin market after investor interest waned recently.
Around 72% of FLOKI supply is with ‘whales’, affecting prices. The FLOKI community is watchful, hoping for a 50% price increase soon, although the market’s volatility presents ongoing challenges.