Floki Inu achieved over 100,000 Fira coins minted on the Metaverse platform since its launch on June 30.
Valhalla has announced a $10,000 reward for top players.
The weekly chart for $FLOKI
to a massive rise after prolonged declines.
Meme coins are stealing the spotlight as Bitcoin tests the $109,000 level, trading at $108,955.
At the same time, $FLOKI seems poised to lead a potential bullish wave, as the Valhalla game on the Metaverse platform experiences tremendous growth after its mainnet launch.
The game has seen over 100,000 Fira coins minted since its launch on the mainnet on June 30, representing a massive entry into the online gaming sector.
Moreover, the team announced a $10,000 reward to celebrate this achievement.
Top players who complete the tutorials qualify to win the prize.
The official announcement stated:
Valhalla launched strongly on the op, BNB mainnet on June 30, surpassing the 100,000 Fira coin threshold. To celebrate, we are offering $10,000 in rewards to the top players.
These steps are essential for attracting and retaining participants.
Meanwhile, analysts are monitoring Floki price charts amidst a backdrop of optimism.
A potential bullish reversal pattern is appearing on the weekly timeframe after extended bearish trends.
Confirmation could lead to strong moves and push the meme token price to the key resistance level at $0.00019082.
This means an increase of nearly 124% from the current market price of Floki Inu, which is $0.00008452.
Let's check how Floki achieved this remarkable rise amidst the Valhalla hype.
Floki Inu enters the service world with Valhalla.
Valhalla has been among the most anticipated upgrades by the meme token community.
It goes beyond being a game; it represents a cornerstone of Floki Inu's long-term mission to transform into a service-based project.
This aligns with the general trend, as market participants choose cryptocurrencies with practical service applications in the real world.
Valhalla players gather and compete with Firas, upgrade game assets, and finally interact with other players.
It leverages op, BNB to ensure smooth gameplay and lower fees.
This reduces barriers to entry for new participants, which are often deterred by high gas fees.
This enables the dog-inspired cryptocurrency project to capture public attention, likely boosting its long-term growth.
The Floki Inu team has always strived to deliver tangible value through releases like Valhalla, and the massive uptick in activity shows that the plan may succeed.
Floki price forecast: Is a big surge imminent? Alongside web 3 games, Valhalla's incredible growth has renewed sentiment towards the original $FLOKI currency.
The meme coin has shown signs of recovery after prolonged declines.
Its price is trading at $0.00008452 after achieving an increase of nearly 20% over the past week.
The bullish momentum comes after the latest bounce from the support area at $0.00003996.
Floki Inu utilized this support to drive massive highs in late 2023, and this may materialize.
The continued success of Valhalla and the broad market rise could confirm an emerging bullish reversal on Floki's weekly chart.
This could lead to significant gains towards the critical resistance area at $0.00019082.
This means an increase of nearly 124% from the current price of the alternative.
The next resistance is at $0.00023966, after which Floki may see a full recovery to $0.00029775.
However, a breakout above $0.00003996 could invalidate the bullish pattern, prompting noteworthy declines or sideways movements.
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