Floki Rockets 13% as Memecoin Market Sees $33B Revival
The crypto market has seen a sharp recovery in memecoins, with the market cap reaching $33 billion and trading volume surging 194% to $8.4 billion.
Floki ($FLOKI) was among the beneficiaries of this revival, experiencing a 13% rally as its price rose above $0.000003.
Despite retracing slightly to trade near $0.0000029 at press time, the token's trading volume jumped 196%, indicating increased market activity.
The sudden increase in turnover from $5 million to $17.3 million suggests that participation has returned with the price, and Buy Sell Volume data shows that buyers have played a central role in the move.