Could $0.002 Be Incoming This July and What About PlayDoge?

FLOKI, one of the world’s largest meme coins, has seen a huge surge recently.

As we enter July, speculation is mounting as to whether FLOKI will be able to break the $0.002 barrier this month — or whether the token will continue to trade sideways.

FLOKI Coin Is Paused, But It’s Still the Most Traded Meme Coin

Let’s take a closer look at FLOKI’s position now.

The code is currently Camped at $0.000173taking a breather after volatile price movements in May and June.

Since mid-June, FLOKI has been trading sideways while other meme coins have been rising.

Indeed, the token is down 50% from its all-time high on June 5.

But if we step back a little, we find that growth is still up 97% since the beginning of 2024.

Not bad for a coin that attracts far less headlines than the likes of PEPE and WIF.

On the technical front, FLOKI stock is struggling with the major moving averages.

It broke the 200-day exponential moving average (EMA) for support but seems unable to break the 50-day EMA resistance.

This is classic limited-range behavior.

But here’s where it gets interesting: Spot trading volumes rose 32% to $297 million, making FLOKI the fifth most traded meme coin.

With open interest Crawling to $20 millionTraders appear to be preparing for a potential breakout.

Can FLOKI reach $0.002 this month?

So, is it possible for FLOKI price to reach $0.002 this month?

Okay, let’s break it down.

This would require a 16% increase in the price of FLOKI.

For most altcoins, this would be a sharp spike – but FLOKI has made this jump countless times in its lifetime.

In fact, the cryptocurrency managed to achieve such a high in a single day last May.

Recently, the FLOKI team has started to stir up controversy.

they caused a “leak” From their upcoming Play-to-Earn (P2E) game, which will be released later this year.

Not to mention, they’re just AMA hosted One of the key advisors stressed their commitment to long-term development.

It seems that the FLOKI team is determined to maintain this momentum.

However, the meme coin market has been largely unpredictable in recent weeks.

However, FLOKI has remained one of the most traded coins despite its wild price movement.

If the token is able to stay above the 200-day EMA, using it as dynamic support, a move to $0.002 is not only possible — it may be inevitable.

What other currencies could rise in July?

While FLOKI’s potential rise is attracting attention, it’s not the only meme coin looking bullish.

Let’s check Play Doga new product gaining momentum in pre-sales.

Nostalgia Meets Crypto with PlayDoge – The New P2E Meme Coin

PlayDoge has had an amazing start to its life cycle.

But it’s not just another useless coin.

Picture this: Remember those Tamagotchi pets from the 90s?

Now imagine there is one Doge, and instead of just keeping it alive, you are also earning cryptocurrency.

This is PlayDoge in a nutshell.

You feed it, play mini games with it, and in return, you earn PLAY – PlayDoge’s native BEP-20 token.

It’s a mix of childhood nostalgia and crypto rewards.

However, there is much more to PlayDoge than just a P2E game.

The PlayDoge ecosystem also includes: Betting ProtocolWith annual returns estimated at 111%.

Over 169 million PLAY tokens have already been locked in this staking protocol – ahead of the project’s official launch.

With 12% of the total token supply allocated to participation rewards, the developers are clearly focused on passive income.

Currently, PlayDoge’s presale has raised over $5.3 million in early funding.

The price of PLAY tokens was set at $0.00515 each in the presale, but this price will increase every few days, encouraging investors to invest early.

Members in PlayDoge Telegram Channel They talk about this reduced admission price.

If the project can continue on its current trajectory, there is a strong chance that it will also see a bullish July, similar to FLOKI.

Visit PlayDoge Presale

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