Ski Mask Dog Price Sets ATH, But Experts Say FLOCK Might 100X

On Dec 5, 2024

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The Ski Mask Dog price is up more than 1,038% on the weekly time frame following an 85% pump in the last 24 hours to trade at $0.3633 as of 2:57 a.m. EST as investors FOMO buy the meme coin.

With the recent surge in the SKI price, the crypto was also able to establish a new all-time high in the last 24 hours.

Ski Mask Dog Price Breaks Another Resistance

1-hour chart for SKI/USD (Source: GeckoTerminal)

The Ski Mask Dog price has surged past the resistance level at $0.3131, and is now attempting to turn the barrier into support, according to GeckoTerminal data. Establishing a position above this mark could give the meme coin the technical foundation needed to rise to the subsequent resistance at $0.3559.

However, a pull back to below $0.3131 might invalidate the bullish thesis. In this more bearish case, the Ski Mask Dog price could be at risk of testing the $0.2745 support. Losing this technical crutch might then lead to SKI falling to as low as $0.2398.

Bulls Still In Control Of The Ski Mask Dog Price

From a technical standpoint, indicators on the meme coin’s 1-hour chart suggest the Ski Mask Dog price might keep climbing in the coming few hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are flashing bullish on the 1-hour chart.

Recently, the MACD line crossed above the MACD Signal line. Traders generally interpret this specific technical event as an indication that a crypto has entered a positive trend. With the growing gap between the MACD and MACD Signal line, it seems SKI’s positive momentum is picking up steam as well.

The RSI corroborates the increasing bullish momentum suggested by the MACD on the 1-hour chart, with the current RSI reading in the high 70s. The latest RSI value could indicate a substantial amount of buyer strength. Additionally, the positive slope of the RSI line suggests buyers are still growing stronger against sellers.

As SKI tries to keep its bullish momentum alive, investors are turning to meme coin rival Flockerz (FLOCK) for potential 100X gains.

A Truly Decentralized And Community-Driven Meme Coin

Flockerz (FLOCK) is an innovative meme coin. Central to the crypto’s ecosystem is its vote-to-earn mechanism, which rewards token holders for actively participating in the project’s frequent governance votes.

Not only can FLOCK holders grow their bags by placing votes on important decisions, they also get to have their voices heard. Many projects claim to be fully decentralized and community-centric, but this is often not the case. This is where FLOCK stands out.

Another thing FLOCK has going for it is that it will be able to keep its community members actively engaged with the project through its vote-to-earn mechanism over the long run, which is something even non-meme coin project’s struggle to achieve.

With its community focus and high degree of decentralization, it’s easy to see why many experts have stepped forward to share their bullish predictions for FLOCK. Among them is an analyst from the 99Bitcoins YouTube channel, which has over 706K subscribers. In a recent video, the analyst said that FLOCK could soar 100X after its launch.

Investors Rush To Buy FLOCK During Its Presale For High Staking Rewards

Flockerz has already raised more than $4.5 million through its ongoing ICO as investors bet big on the project’s future.This buying frenzy around FLOCK at this early stage could continue given the lucrative staking opportunity being made available to presale investors. Anyone who buys and stakes FLOCK now wil unlock access to a 550% APY.

💙 The Flock Can’t Stop! 💙
We just blew by 4.5M and the party is going to keep on going over here in Flocktopia!
Feeling a little FOMO? Get in on the presale here: https://t.co/oUsAHZxgAT pic.twitter.com/DidEoRMDc3
— Flockerz (@FlockerzToken) December 5, 2024

To get in on this high staking APY, investors will first have to purchase the meme coin through the simple buy widget embedded on the project’s website. Selling for $0.0062494, FLOCK can be bought with either crypto or bank card.

Once purchased, investors will then just need to navigate to the staking page on the website and lock up their newly-acquired FLOCK tokens for the attractive passive rewards.

Purchase and stake FLOCK here for the 550% APY.

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