Recently, there has been frequent volatility in the meme coin ecosystem. According to on-chain data, FLOKI's large whale transactions over the past week have surged 950%, with transaction volumes breaking through $100,000, while PEPE's gains are equally remarkable, skyrocketing 620% in the short term. Large transfers of these two projects are clearly leading other coins, indicating increased participation from institutions and major holders.
FLOKI's annual performance has been solid, with gains reaching 60% to date. From a technical perspective, the coin has successfully broken out of a descending wedge pattern from six months ago, with its price currently hovering around $0.000062. Competition for support at $0.000053 below will directly impact subsequent upside potential.
Recently, there has been frequent volatility in the meme coin ecosystem. According to on-chain data, FLOKI's large whale transactions over the past week have surged 950%, with transaction volumes breaking through $100,000, while PEPE's gains are equally remarkable, skyrocketing 620% in the short term. Large transfers of these two projects are clearly leading other coins, indicating increased participation from institutions and major holders.
FLOKI's annual performance has been solid, with gains reaching 60% to date. From a technical perspective, the coin has successfully broken out of a descending wedge pattern from six months ago, with its price currently hovering around $0.000062. Competition for support at $0.000053 below will directly impact subsequent upside potential.