Floki Price increases by 24%, but traders rush to buy this crypto rival

The Floki price has jumped 24% in the last 24 hours to negotiate $ 0.0000,9638 to 1 hour hne over a 6% drop in the negotiation volume to $ 369 million.

Floki Price signals an upcoming rebound

The Floki price has undergone intense sales pressure after reaching an intra -day summit of $ 0,00010589 before slipping at a minimum of $ 0.0000,9557. This movement has raised concerns about potential ventilation below the main technical levels.

The last decline occurs in the middle of a prolonged downward trend that started after the parabolic rally of Floki in November, where prices increased before recovering in a downward channel. Several sales signals appeared on the graphic of the same corner, strengthening the lowering feeling. However, Floki is now testing a major support area between 0.00009,500 and $ 0,000,10000, a level that previously triggered a strong purchase interest.

Flokiusd Source analysis: tradingView

Will the Floki Price come close to surveillance levels – will buyers arouse a rebound?

According to the technical indicators, Floki can approach surveillance conditions, with the relative resistance index (RSI) at 30.74, just above the current threshold of current support. A successful rebound could see the resistance to the retestation of the Floki price at 0.00011815, with another upward potential towards $ 0.00015,000 if the bullish momentum is strengthened.

On the other hand, if Floki does not hold above $ 0.00009,500, it could trigger a deeper drop, with the next major support almost $ 0.00008,000. Given the sustained downward trend, traders remain cautious, monitoring signs of a trend reversal or more pressure.

The next trading sessions will be crucial, because Floki’s reaction in the support area will determine whether a rescue gathering or a new leg down will be the next one. Investors are advised to closely monitor the purchase volume and prices before making their next move.

Traders flock to Catslap (Slap)

While the Floki Prize is struggling to bounce back, more and more traders are turning to the new memes piece, Catslap (SLAP), the token behind a viral web game where players win crypto by slapping cultural icons.

The Catslap team recently burned a million dollars of tokens, effectively reducing the total supply and potentially stimulated a positive moment for the popular cryptocurrency of slap. To date, a total of 1.2 billion SLAP tokens, estimated at more than $ 1.5 million, have been burned, strengthening the project deflationary model.

In addition, the Slapdrop competition successfully distributed a $ 100,000 pool pool, further supplying the commitment within the community.

It’s done. We just burned $ 1,000,000 in $ Slap pic.twitter.com/img1hkf0ri

– Catslap (@catslaptoken) January 31, 2025

A successful token burn also marked the end of the Slapdrop competition, investors stimulating more than 500 million slap tokens. While the principal marked remains secure, all unmarried clearing awards should be burned on February 14, adding to the deflationary mechanics of the token.

Megaburn could raise the price of slap

After an impressive 969% increase in its presale price, SLAP quickly gained ground, fueled by growing interests of investors and potential pro-Crypto policies in the United States. As it grows, Catslap is positioned as a leader in the parts sector even, with the potential to overcome rivals like Meow and Mog.

With the next “Megaburn” event planned in the next 9 days, investors have impatiently anticipate a huge wave of price. Even the influencer of Crypto Jacob Crypto Bury, which has more than 45,000 subscribers on Youtube, predicted that Slap could become the next 100x piece to dominate the market.

In addition, Catslap’s partnership with Best Wallet (BEST), one of the fastest and most innovative cryptocurrency portfolios, also gives it exposure to more than 105,000 users.

The current price of the slap is 0.00117593 $, and it can be purchased directly on the project website using ETH, USDT or a bank card. Alternatively, investors can also buy the room even via centralized exchange Mexc.

Buy a slap here before the “Megaburn” event of the project in 9 days.

Related items:

Catslap (Slap) – New Cat Same Coin on Ethereum

• Registered on Mexc
• Featured on Cointelegraph
• Trend on Coingecko, Dextools
• Over 10,000 holders
• Slap to win a utility
• Token burns