The altcoin known as FLOKI achieved a massive milestone this week, seeing a massive rally in the crypto markets where it entered the Top 60 cryptocurrencies list in terms of market cap. Moreover, the crypto industry also saw its massive 200 percent growth over the past seven days, and this achievement marked its highest price yet since November 2021.
In this massive performance by FLOKI, it went ahead with its more renowned rivals like Dogecoin, Pepe Coin, Shiba Inu coin, and more altcoins in the market.
FLOKI Crypto Enters Top 60 Cryptocurrencies This Week
A post by CoinQuest on Binance celebrates a massive performance by FLOKI, the altcoin based on a dog that rivals Dogecoin, and more, claiming that it closed out last week with a 50 percent surge. This took place amidst the rally of various meme coins in the market, now valued at a local high of $0.00027, its highest price since almost three years ago.
This also marks the surge, multiplying as much as nine times amidst this market improvements. In the past month, FLOKI saw a surge in its Total Value Locked over $693 million and also saw it exceeding its aggregated trading volume of about $2.7 billion in the past 24 hours.
200% Rise in 7 Days, Massive Bullish Rally
According to CryptoPotato, FLOKI saw a 200 percent rise over the past seven days when it ended its recent week, also boasting of its 600 percent rise in price gains in the past 30 days. Amidst the massive highs in the crypto market now, FLOKI is seeing a significant performance thanks to spot exchanges.
This surge saw its trading volume grow, alongside its market price, setting it up as the top gainers among altcoins.
FLOKI and Other Altcoins in Crypto
The fame of altcoins started in 2021, also having its subsequent type known as "meme coins" which bring new and minted names that offer ownership at a low level, expected to rise exponentially in years. During this time, massive coins popped out and rode the massive wave of Bitcoin's rally, including the likes of Dogecoin, SHIBA Inu, Dogelon Mars, and FLOKI, among many others.
Last year, another altcoin showed up and saw a significant rise to the top in the markets, with Pepecoin best known as a meme coin that takes on the face of the international meme frog, Pepe, who saw a $1 billion valuation rally in 2023.
FLOKI is among the dog-based altcoins that grew in popularity amidst Dogecoin and Bitcoin's rally, with the crypto now making a name for itself towards its massive rally.
In this latest development in the crypto market, Bitcoin remains at the top and continues growing in the industry, with altcoins enjoying astronomical performance. FLOKI makes a historical move to rise against other altcoins in the market, enjoying an all-time high in its market cap and rallying to the Top 60 Cryptocurrencies list, looking to grow more in the future.
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