Floki Price Shatters Previous Records: What’s Driving its Growth?
The post Floki Price Shatters Previous Records: What’s Driving its Growth? appeared on BitcoinEthereumNews.com.
FLOKI is a cryptocurrency inspired by Elon Musk’s Shiba Inu dog and the Shiba Inu (SHIB) community. It has four main projects: Valhalla, the game metaverse; FlokiFi, DeFi product range; FlokiPlaces is an NFT and commodity marketplace; and Floki University, a content education platform. It aims to be a community-based and socially engaged token that works with other crypto projects. Floki is compatible with both Ethereum and Binance Smart Chain, which uses consensus mechanisms between the two popular blockchains. The FLOKI/USD daily chart shows a short term correction. The price has been correcting, suffering rejection from an upper trendline resistance. The daily chart showcases the formation of a descending triangle pattern. The price may correct until it is below the upper resistance trendline. The breakout above the trendline resistance may add buying volume and the price may rise further. The volume analysis shows that the trading volume dropped by 39.30% and reached $14.827 Million in the past 24 hours. The FLOKI crypto ranks 150th among the top cryptos with a live market cap of $334.27 Million. The volume-to-market cap ratio is 4.5% indicating low volatility. Floki Price Prediction 2024 The price prediction of FLOKI crypto showcases a neutral to bullish outlook. The most optimistic estimate of the analysts expects the price to reach a high of $0.0000606, indicating an upside potential of over 71.6%. The pessimistic outlook of the analysts hopes the price may drop to $0.0000470. Floki Price Prediction 2025 Over the next two years, the optimistic view of analysts expects that the FLOKI price may reach a high of $0.0000872. Its minimum forecasted price by the end of 2025 is $0.00007109. Floki Price Prediction 2026 The Floki cryptocurrency price may reach a high of $0.000119 if an optimistic trend prevails in the crypto market. On the flip side,…
Filed under: News - @ December 30, 2023 7:12 pm