The meme coin FLOKI, named after Elon Musk's dog, has continued its bullish momentum since late February. Over the past 24 hours, it skyrocketed by 75%, securing its position as the 50th-largest cryptocurrency by market capitalization. Other popular meme coins also recorded double-digit gains during this period.
FLOKI's Meteoric Rise: Key Highlights
75% Price Spike Propels FLOKI Into Elite Ranking
FLOKI's price surged from $0.00013348 to an intraday high of $0.00028118—an increase exceeding 110%. This brings it closer to its all-time high of $0.0003365 set in November 2021. At press time, FLOKI trades at $0.0002734, marking a 75% gain in 24 hours.
Dominating Memecoin TVL With $658 Million
FLOKI's ecosystem recently achieved a record-breaking $658 million in Total Value Locked (TVL), surpassing the combined TVL of major competitors like SHIB, DOGE, PEPE, BONK, and WIF. This milestone solidifies its leadership in the memecoin sector.
Market Performance and Recognition
- 673.2% price increase since late February
- Ranked #4 among meme coins by market cap ($2.53B)
- Officially listed among CoinMarketCap's top 50 cryptocurrencies
Broader Memecoin Rally
Bitcoin's historic break above $70,000 has fueled a memecoin surge, with notable performers including:
- PEPE: +30.8% (24h)
- SHIB: +9.5% (24h)
- BONK: +13.3% (24h)
- DOGE: +3.2% (24h), +100.4% (14-day)
👉 Discover how FLOKI's ecosystem outperforms rivals
FAQ: Understanding FLOKI's Surge
Q1: What’s driving FLOKI’s price surge?
A: Factors include Bitcoin’s bullish momentum, increased ecosystem adoption (e.g., TVL growth), and broader memecoin market enthusiasm.
Q2: How does FLOKI’s TVL compare to other meme coins?
A: At $658M, FLOKI’s TVL exceeds SHIB, DOGE, PEPE, BONK, and WIF combined, reflecting strong utility beyond speculation.
Q3: Is FLOKI a good investment now?
A: While past performance is impressive, cryptocurrencies—especially meme coins—are highly volatile. Always conduct independent research.