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- The FLOKI token price had advanced by more than 594200% from its all-time low.
- The Floki Inu token has huge liquidity based on its market cap.
The Floki token price was down by 65% from its all-time high of $0.000346 at the time of writing. Additionally, the token price was highly volatile with volatility of 13.78%.
It showed a higher possibility of uncertain spikes.
A 12% surge was recorded in the value of the token’s traded volume in the last 24 hours. Following the rise in volume, the token’s market cap also advanced by 11.3%, showing a rise in the token’s demand.
Floki Inu was the 54th largest cryptocurrency in the global crypto market at the time of writing. Also, the token’s market cap was valued at $1.136B, which resulted in a market cap dominance of 0.06%.
The token’s supply inflation was also very low at 1.31%, and its circulating supply was 9.56T.
The FLOKI token’s total supply was 9.69T, and the maximum supply was 20.0T. Its fully diluted market cap was $1.149B.
The fear and greed index for the token was at 17, which showed extreme fear among investors. The price sentiment was also bearish, and the token price followed a strong downtrend.
Financial Data Overview Of Floki Inu Token
When writing, 71% of the total holders of the Floki Inu token were in profit, while 24% of its holders were at a loss.
86% of Floki token holders were large holders, and 64% of the total holders held it for more than 1 year. At press time, 56.25K addresses were in profit out of the total addresses of 79.3K.
Additionally, the largest holding address of the token held 44.4% of the total supply, with a quantity of 4.439T FLOKI.
FLOKI Token Technical Analysis
Consistent lower-low swings were formed on the Floki token’s daily price chart, which exhibited the dominance of sellers in price.
Following bearish market sentiment and strong investor profit booking, the token’s price had declined. It experienced a drop of 70% from the swing highs of $0.000348.
If we further look into the most recent price action, the FLOKI token price has formed strong bearish candles on the chart. This exhibited the bears’ dominance in the price at the time of writing.
The price also broke down below strong support levels, which showed that we might see further lower levels.
Floki Inu Token Technical Indicator Analysis
The daily chart’s 20-day and 200-day EMAs recently formed a death crossover. FLOKI token’s price also traded below both the EMAs and sustained below them.
FLOKI/USD Chart by TradingView
The MACD indicator gave a strong signal, followed by a death crossover of the MACD and the signal line. Those metrics further traded in the negative trajectory.
Additionally, the RSI declined to the oversold zone and the 14-day SMA. It further followed a bearish cycle and represented a bullish momentum in price.
The support levels for the Floki token price are $0.0000280 and $0.0000910, and the resistance levels of $0.000240 and $0.000320.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
