Elon Musk Sparks Meme Coin Recovery: Price Analysis Of Floki, Pepe, Pomerdoge

On August 23rd, Elon Musk replied to a tweet saying X (formerly Twitter) is a dog and doge-friendly place. This sent shock waves across the meme coin community as top meme coins like Floki (FLOKI), Pepe (PEPE), and Pomerdoge (POMD) soared on the news.

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Floki (FLOKI) Soars After Recent Price Dump 

Recently, Floki Inu scored a major partnership with Binance by launching FlokiFi, its crypto locker protocol on opBNB. However, this did not spark the price rally the crypto community was expecting. Besides, the value of Floki Inu has experienced significant fluctuations over the previous week. 

Notably, the well-known meme coin skyrocketed on August 15th. The Floki Inu coin soared above $0.00002400 for the first time and reached a value of $0.00002477. However, Floki faced rejection and the meme coin dropped to $0.000002123.

Additionally, the Bitcoin price crash occurred and pulled Floki further down to $0.00001796. Currently, the price of Floki Inu is $0.00001846. If the Floki Inu burn intensifies over the next few days, the price of the me coin could trade higher.

Pepe (PEPE) Sees Renewed Interest From Investors

Pepe Coin (PEPE), the frog-themed meme coin, emerged as the leading player in the cryptocurrency market earlier this year. It rallied impressively, surging by over 100,000% and securing a position in the meme market’s top three.

However, Pepe coin has been having a rough time in recent months. Nevertheless, Pepe investors have shown renewed vigor lately recording notable gains on the price chart. This has pushed the price of Pepe coin above the $0.00000109 level. 

With a global market cap of $456 million, the coin seems to have garnered renewed interest. This renewed interest can be attributed to the enthusiasm surrounding meme coins on platforms like X (Twitter). Pepe holders are looking forward to another major price rally in the coming months. 

Pomerdoge (POMD) To Give Investors 17x Returns

Pomerdoge (POMD) is actively developing a unique P2E crypto game with the aim of bridging the gaming and crypto industries. It has captured significant attention from investors with its benefits and bullish price trajectory. The platform’s primary goal is to unite gamers worldwide as they compete and earn rewards. 

Analysts have noted that Pomerdoge is poised to become a dominant player in the global blockchain gaming sector. According to the platform’s website, it will launch an ecosystem that will house Pomerplace and Pomergame. 

The Pomerplace will act as a battle arena and a marketplace for in-game items. The Pomerdoge token ($POMD), functioning as the in-game currency, has several benefits. It will unlock a plethora of exciting rewards, NFTs, and exclusive items for its holders. 

Additionally, those who have Pomerdoge tokens will gain access to its upcoming exclusive collection of 7,777 NFTs. The platform has announced that it will launch them in September. Presently POMD is sold at $0.009, but experts are projecting a 17x ROI for investors before the end of the year.

Find out more about the Pomerdoge (POMD) Presale Today

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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