Floki Emerges as Top Gainer in Cryptocurrency Market Despite Market Slump with Unprecedented Rally Today
Dogecoin follower Floki (FLOKI) saw a surge of over 42% in 24 hours when it became an official partner of the Asian Badminton Championships 2023, and following its recent listing on Binance. Bitcoin, Ethereum, Dogecoin, Litecoin and Solana all saw losses. The global crypto market cap was recorded at $1.16 trillion, with a 24-hour deficit of 1%. Mudrex co-founder and CEO Edul Patel affirmed bitcoin prices remain below the $28,000 mark as investors wait for the US Federal Open Market Committee meeting. WazirX Vice President Rajagopal Menon remarked mixed earnings from the tech sector could affect prices, while Sathvik Vishwanath, CEO and co-founder of Unocoin, stated investors continue to closely observe bitcoin and Ethereum prices. Shivam Thakral, CEO of BuyUCoin argued the crypto market rally has momentum depending on favourable factors in financial markets. Cryptocurrency transactions are unregulated and bear high risk, and readers are advised to read all literature carefully before investing.