Index
Indicators
Information about Floki Inu (FLOKI)
Floki Inu is a "Dog Copycats" meme coin project (the cryptocurrency with the symbol of dogs), born in 2021 after the tweet of Tesla CEO - Elon Musk. Although it is a meme coin project, Floki Inu focuses on long-term development to create an autonomous and decentralized ecosystem, integrating many utilities for its token through Metaverse, NFT, DeFi,...
Besides, Floki Inu is seriously involved in many charity and humanitarian projects, such as partnering with Million Gardens Movement to promote healthy eating habits through self-build farming; collaborate with Pencils of Promise to build schools on every continent, especially in less developed countries around the world. Each purchase/sale of FLOKI tokens will be charged a 3% tax to transfer to Floki Inu's warehouse, exclusively for developing charity projects.
The Floki ecosystem includes:
FLOKI is a native token of the Floki Inu ecosystem, operating on Ethereum according to ERC20 standard, and can be used to:
Specifications
News
Over the past 24 hours, Floki’s price hit 0.000057 USD, a 9.12% drop, contributing to a 29.35% decline over the month. This significant decrease has attracted whales, leading to a remarkable purchase of 27 billion tokens.
With large transactions increasing by 900% and capital inflow from large holders rising by 277%, the outlook for Floki remains bullish. Expectations suggest it could recover to 0.000073 USD if buying pressure continues.
Despite a 150% surge in large transactions and a growth in Open Interest to 15.51 million USD, FLOKI faces resistance. Network growth’s decline raises concerns about price sustainability amidst growing interest.
Smaller transactions rose by 60%, while larger ones saw an increase of 150%. However, there’s no significant activity in transactions over 1 million USD, indicating larger investors are waiting.
FLOKI is consolidating in a falling wedge pattern, currently priced at 0.00009357 USD with a slight decline of 0.80%. Traders are monitoring potential breakouts amidst liquidations signaling caution.
Floki experienced a remarkable 187% increase in whale inflows, indicating strong buying activity among large holders. Notably, the price of Floki rose by 9.78%, reflecting positive market sentiment.
Increased buying pressure coincided with the upcoming Stocktwits marketing campaign, driving demand. The campaign aimed to highlight the Floki Trading Bot to potential investors.
Floki trading activity showed more buy orders than sell orders, suggesting that investors expect a market recovery. Chart indicators indicate a potential bullish crossover, which may further support the price uptrend.
FLOKI has experienced a significant decline of 58% since peaking at $0.000201 in January, now facing resistance and pressure to dip further.
A liquidity cluster at $0.000086 may trigger another price dip, while expectations for consolidation between $0.000077 and $0.000083 remain.
The persistent selling indicates a bearish market sentiment, making a quick recovery unlikely as investors wait for signs of reversal.
People also own