Play-to-Earn (P2E) meme coin Floki is making strides with a 3.3% increase today. Meanwhile, another new P2E meme coin, Shiba Shootout, has just raised $1 million at presale.
## Floki Price Pumps, But Traders Say More to Come
Floki’s rise might just be beginning, with analysts predicting substantial gains ahead. It’s currently trading at $0.0001283, up 3.3% today and 3.9% this week.
The Shiba Inu-themed meme coin, which is also the most valuable P2E cryptocurrency, is gaining considerable attention on social media. Floki keeps its community engaged with constant updates and features, most recently partnering with BSC-based meme coin Simon’s Cat, which has recently gone viral. Floki has an in-house trading bot and launched a promotion with Simon’s Cat to refund CAT trading fees plus a 5% bonus. Additionally, Floki holders were recently airdropped CAT tokens, further exciting the community.
OKX Will Support Simon’s Cat ($CAT) Airdrop to $FLOKI Holders
– Snapshot (already recorded): Aug 29, 2024, 23:59:59 UTC
– Users who held 400,000+ $FLOKI on OKX on the snapshot date qualify
– Proportional distribution based on $FLOKI holdings
Read the full details here … https://t.co/TlqyO8NN2k pic.twitter.com/5orAMU2iD2
— FLOKI (@RealFlokiInu) September 9, 2024
This announcement comes a few weeks after Floki revealed it would sponsor Premier League and eSports teams to promote its new P2E game, Valhalla. Analysts note Floki’s strong fundamentals and technical potential. Chimp of the North anticipates a 150% gain from its current price, highlighting that Floki is holding well at a key support level and predicting a bullish rally.
That range high will be touched again at some point. $FLOKI https://t.co/M0ZxuD0nMV pic.twitter.com/q1N3eMVMRN
— Chimp of the North (@cryptochimpanz) September 9, 2024
Looking further ahead, Crypto-Rod speculates that Floki could rise to $0.0007, representing a 483% increase from its current price. The analyst points out that Floki is forming a chart pattern similar to one seen before its last major breakout.
$FLOKI Macro view https://t.co/AQ9mXt7B5m pic.twitter.com/AQ9mXt7B5m
— Crypto-ROD (@RodMaartin) September 6, 2024
Shiba Shootout also stands out as a new P2E meme coin with significant potential due to its innovative features and strong presale performance.
## Is This the Next Floki? P2E Meme Coin Shiba Shootout Raises $1M, Offers 858% Staking APY
The Shiba Shootout presale has exceeded $1 million as investors look for the next big utility-centered