In this month of general crypto bull run, in the specific category of memecoins, it seems that FLOKI’s performance stands out compared to Dogecoin, Pepe, Shiba Inu, and Bonk. In fact, FLOKI’s price has increased by +360% in the last 30 days.
Summary
FLOKI: its performance surpasses Dogecoin and other memecoins in this crypto bull run
FLOKI, the memecoin developed on Ethereum and also supported by Binance Smart Chain (BSC), seems to be registering the best price performance compared to Dogecoin and others in its category.
And indeed, in the last 30 days of the crypto bull run, the price of FLOKI is up +360%, which includes the retracement that is occurring in the last week.
Basically, at the time of writing FLOKI is worth $0.0002271, but this month it reached its maximum price of $0.000303 on March 14 and the minimum price of $0.0000429 on February 28.
Her colleagues memecoins, on the other hand, seem to have ridden the wave of the general crypto bull run in a different way.
Dogecoin (DOGE), the ultimate memecoin, with its total market cap of 28.91 billion dollars, has recorded a price pump of +111% in the last month. Following, the price of Shiba Inu (SHIB) up by +186%, PEPE by +190%, and BONK by +91%.
The only memecoin to be at the same level as FLOKI seems to be dogwifhat (WIF) which, at the time of writing, is up +370% in price compared to a month ago.
FLOKI: the top memecoin that surpasses Dogecoin and the others in this crypto bull run
Since the bull run period seems to not be over yet, there are analysts who, studying the specific category of memecoins, seem to look at FLOKI as the best.
“According to several cryptocurrency analysts, $FLOKI will be the best #memecoin of this bull cycle. #$Floki has outperformed $DOGE, $PEPE, $SHIB, $WIF, and $BONK during the last memecoin run of this cycle.”
Actually, as already mentioned before, it seems that at the moment WIF is also dominating the memecoin scene.
The ranking of the main memecoins sees DOGE in first place, followed by SHIB and PEPE remaining on the podium. Immediately after it’s time for WIF, then FLOKI and finally BONK.
The boom on Binance
To support the current top performance of FLOKI, it could have been its listing on the Binance crypto-exchange.
An entrance door that allowed FLOKI to see its trading volumes grow, especially for the FLOKI/USDT and FLOKI/TRY pairs.
And indeed, at the beginning of March 2024, it was shown how 50% of FLOKI’s trading volumes were taking place on Binance.
It should be noted that the memecoin FLOKI is not as widespread as its other colleagues. In fact, on Kraken and Coinbase, FLOKI has not yet been listed.
