FLOKI featured on China’s CCTV-5, 400% volume rise predicted, potential to surpass Pepe
The Floki price has surged this weekend after the meme token was featured on a billboard for the World Table Tennis Championships in China, with the message ‘powered by Floki.com’. Sun Yingsha won the championship on Sunday, May 28th. The official @RealFlokiInu Twitter account has said that the TV feature could have introduced the meme token to over 100 million people in China, just in time for Hong Kong’s legalization of crypto in a few days. The trading volume for FLOKI has increased nearly 400% in the past 24 hours, and it has now rebranded itself from its former name Floki Inu in order to differentiate itself from Shiba Inu, which is now one of the top meme coins. FLOKI is now the 4th largest meme coin, behind DOGE, SHIB, and PEPE. The FLOKI price has risen almost 25% between May 24th and now, before experiencing a pullback. Crypto Tony tweeted that FLOKI and PEPE could start moving up from support if the bulls step in, with both currently in a descending triangle pattern. Another upcoming meme coin is Wall Street Memes (WSM), which is set to be listed on exchanges in Q3 2023. Its $WSM token presale has raised over $800,000 since going live on May 26th.