Coingape: Bitcoin, Ethereum, Crypto News and Price Analysis

The soaring price of the leading meme coin, FLOKI, has caught the attention of market participants today, with a remarkable surge of over 2%. Besides, this surge is particularly noteworthy as it occurs amid a bearish sentiment noted in the broader crypto market, sparking discussions among investors about the driving forces behind FLOKI’s sudden rally. In addition, the meme coin sector has also retreated reflecting the broader market trend.