• Floki Inu’s metaverse game has hit over 100,000 Veras minted since the June 30 launch.
• Valhalla has announced a $10,000 giveaway for early players.
• FLOKI’s weekly chart signals an explosive rally after prolonged declines.

Meme coins are stealing the show as Bitcoin tests $109,000, trading at $108,955. Meanwhile, FLOKI appears poised to lead the potential bull run as its metaverse game, Valhalla, sees explosive growth following the mainnet launch. The game has seen over 100,000 Veras minted since the June 30 mainnet launch, marking a massive entry into the online gaming sector. Further, the team has announced a $10,000 reward to celebrate this milestone. Early players who complete the tutorials qualify for the giveaway. The official announcement reads: Valhalla launched with a BANG on opBNB mainnet on June 30th and has just passed the 100K minted Veras milestone. To celebrate, we’re giving away $10,000 in prizes to the earliest players. These steps are crucial in attracting and retaining participants. Meanwhile, analysts watch FLOKI’s price charts amidst the optimism. A potential upside reversal pattern is emerging on the weekly timeframe after extended downtrends. A confirmation could trigger explosive moves and propel the meme token’s price to the key resistance at $0.00019082. That would mean an approximately 124% gain from Floki Inu’s current market price of $0.00008452. Let’s check how FLOKI could attain such a remarkable rally as its ecosystem gains strength amid Valhalla hype. Floki Inu ushers in utility with Valhalla Valhalla was among the most-awaited upgrades by the meme token community. It is beyond a game, representing a key foundation of Floki Inu’s long-term mission to transform into a utility-driven project. That matches the broader trend, where market participants are opting for crypto ecosystems with real-world utility. Valhalla gamers gather and battle with Veras, upgrade in-game assets and finally interact with other players. It leverages opBNB to guarantee smooth gameplay and low fees. That reduces entry barriers for new participants often turned off by expensive gas charges. That positions the dog-themed crypto project to grab mainstream attention, which will likely fuel long-term growth. The Floki Inu team has been consistent in delivering tangible value through launches like Valhalla, and the explosive activity surge shows the plan could be working. FLOKI price outlook: massive rally impending? Besides web3 gaming, Valhalla’s impressive growth has renewed sentiments around the native FLOKI. The meme coin shows signs of life after prolonged dips. It trades at $0.00008452 after gaining nearly 20% in the past week. Source – Coinmarketcap The bullish momentum follows the latest rebound from the support zone at $0.00003996. Floki Inu used this foothold to support massive rallies in late 2023, and that could be materializing. Continued Valhalla success and broad market surge could confirm a bullish reversal emerging on FLOKI’s weekly chart. That might trigger explosive gains toward the first crucial resistance zone at $0.00019082. That would mean an approximately 124% increase from the alt’s current price. The next resistance is at $0.00023966, beyond which FLOKI could witness a full recovery to $0.00029775. However, breaching $0.00003996 may cancel the bullish formation, catalyzing notable dips or sideways actions. The post FLOKI eyes 120% rally as Valhalla launches $10K giveaway after explosive weekly growth appeared first on CoinJournal.

• Moo Deng gained over 30% after Upbit listing, with its market cap surpassing $200M.
• BONK displayed bullish momentum as key signals signal renewed demand.
• Shiba Inu’s burn rate sees a dramatic jump after dipping.

Cryptocurrencies witnessed quite a volatility today as US labor stats propelled Bitcoin above $110K before retracing to $109K. While altcoins signaled potential recoveries, meme coins remained in the spotlight, possibly as they set the market tone during every cycle. In that context, MOODENG, BONK, and Shiba Inu dominate meme crypto trends due to different reasons. Let us find out more. MOODENG soars on Upbit listing Moo Deng led today’s gainers as it rallied 35% from $0.1691 to $0.2282. The robust move followed South Korea’s exchange Upbit confirming it has listed MOODENG against USDT, BTC, and KRW. The announcement ignited optimism among traders. Moo Deng’s price gained around 35%, while its market cap surged beyond $200 million from $165 million. While the market cap has dipped slightly to $188 at press time, Upbit’s listing positions the altcoin for greater liquidity and wider visibility. MOODENG trades at $0.1901, with its 24-hour trading volume up 428%. Moreover, the listing’s timing has added to MOODENG’s momentum. Binance Alpha added the meme crypto in May, whereas the community wait Moo Deng’s upcoming birthday party between July 10 and July 13. MOODENG is a Solana meme token based on the popular pygmy hippo at Khao Kheow Open Zoo in Thailand. BONK rebounds on revived demand BONK has jumped from the opening price of $0.00001464 to $0.00001738 – an 18.72% jump. Besides the price action, the Solana-based meme grabbed attention as organic demand drove its surge. Coinalyze data shows BONK recorded a substantial $1.61 trillion buy volume on 3 July, eclipsing the $1.44 trillion sell volume. That confirms buyer resurgence and renewed demand for the altcoin. Notably, the positive buy volume came after selling pressure dominated four successive days, suggesting a potential momentum shift to bullish. The derivatives market data adds to the optimism. According to Coinglass, BONK’s OI (Open Interest) jumped by 46% to $17.38 million, whereas futures volume crossed $97 million after a 270% increase. It trades at $0.00001681 after retracing from intraday peaks. Continued broad-based recoveries could trigger more uptrends for BONK in the upcoming sessions. Shiba Inu’s burn rate skyrockets While MOODENG and BONK stole the show through exchange listings and new capital, dog-themed Shiba Inu made headlines for different reasons. SHIB has seen a massive 1,200% surge in burn activity, with over 13 million tokens destroyed in the past day. Notably, SHIB saw sluggish token incineration in the previous five transactions . The latest burn, which happened ah hour ago, wiped out around 13,152,197 SHIB coins. That has renewed optimism in the meme coin’s deflationary journey. The meme token trades at $0.00001192, having gained more than 5% the previous week. Also, fundamental data shows a healthy SHIB ecosystem. IntoTheBlock data shows investors have staked over 4.69 trillion coins, indicating conviction in Shiba Inu’s long-term performance. The post Meme coin news: MOODENG and BONK lead market comeback; SHIB burn rate jumps 1,200% appeared first on CoinJournal.