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$BTC is struggling near $63K and risk appetite is weak, but this is when the real memecoin contenders separate themselves.
$FLOKI is still building around Valhalla, regulated European access, product adoption, partnerships, and utility-driven tokenomics.
Of all the top 2021 top memes, only one of them is still actively building and expanding, and that's Floki. $SHIB and $DOGE are on pause.
IMO, projects that keep expanding in bad conditions are the ones best positioned when liquidity returns. Floki already proved this once.