Entity enter the meme world ---- FLOKIMeme coins once again led the market last week. Awaiting a new narrative, traders enter the meme world. Yesterday, the famous market maker DWF Labs announced that it would invest US$12 million in meme coins.
Although DWF Labs has a rough behavior, institutions starting to invest in meme coins will bring about a more stable trend. Like the early days of the Big Bang, BTC was also a meme coin. The currently announced tokens include LADYS and FOLIKI, and there are still individual projects on the way. Judging from DWF Lab’s past cooperation, BONK may also be one of them. Of course, this is just our guess.
As a meme born at the same time as PEPE, the price of FLOKI broke through the historical high after the investment was announced, and it also led to the rise of TOKEN of its affiliated project TokenFi. TOKEN occupies a large proportion of DWF Labs’portfolio. It’s FLOKI instead of PEPE that also highlights DWF’s ambitions.
As a meme coin that has been listed on large exchanges, FLOKI already has enough influence. Capital flow and popularity are its main driving forces. As we said before when talking about other meme coins, the performance of our AI indicators on meme coins is as good as ever. At the daily level, the TSB indicator successively prompted BUY signals on February 20 and May 18, and then began a strong rise.
You can also use the TSB indicator on the 4h level, as shown in the chart, which can also help you gain profits from memes.
Introduction to indicators:
Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated.
KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
