- Dogecoin has grown by around 15% in the last seven days.
- Floki Inu has seen more growth of over 17% at the same time.
Over the past few days, Dogecoin [DOGE] and Floki Inu [FLOKI] have experienced distinct and noteworthy price movements. Given the current trends, what could be the year-end outcome for these meme tokens?
Dogecoin sees downtrend
Over the past three days, the daily chart for Dogecoin showed notable price fluctuations.
Within the last seven days, the coin experienced two instances of a daily value surge, each surpassing 6%. The most recent substantial increase, accounting for a 6.24% rise, occurred on 8th December, propelling the price to $0.10.
However, there has been a downturn in value over the last two days. As of this writing, it was trading at around $0.09, reflecting a minor decrease of less than 1%.
Despite these recent declines, it has managed to sustain its bullish trend. As of the latest update, the Relative Strength Index (RSI) was above 68. It’s worth noting that the RSI line has also experienced a decline due to the recent downturns in price.
Floki Inu loses the bounce
Over the past seven days, the daily chart for Floki Inu showed that it encountered declines on four days. However, the three days characterized by uptrends collectively yielded a higher cumulative value than the losses it incurred.
Specifically, it recorded increases of over 11%, 13%, and 6%, respectively. T
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Author: Adewale Olarinde