Floki Inu Bark Attracts BSC And Ethereum Whales – Can It Go Near $0.001?
February 18 2022 - 11:42AM
NEWSBTC
Dog-themed meme currency Floki Inu, named after Elon Musk’s Shiba
Inu dog, is attracting Ethereum and Binance Smart Chain whales
after receiving speculative market interest on Friday. On social
media, Shiba and Floki followers engage in a heated debate over an
ad for their respective dog-themed cryptocurrency. This may have
been good news to FLOKI as Ethereum and BSC whales began to show
interest in the cryptocurrency. According to data aggregator portal
WhaleStats, FLOKI is currently among the top 10 tokens acquired in
the last 24 hours by 1,000 of the biggest ETH and BSC whales out
there today. Bearish Movement Floki Inu is trading at $0.000038 on
Friday, down 3.8%, with a low of $0.00003697 and a high of
$0.00003967. The crypto has a trading volume of $4,559,495 in the
past 24 hours. According to live market data, the asset price has
been climbing in the last few months and has become a crowd
favorite in cryptocurrency markets. However, the crypto is showing
bearish movement. In Friday’s intraday chart, market swings derail
Floki Inu, leading to a negative trend. Floki Inu Forecast Based on
market trends and analysis, the price of FLOKI has greater room to
either rise or fall in the near future. Although it has risen
somewhat due to recent market trends, it is currently trading below
the baseline. Because of recent price declines, the current
sentiment of Floki traders is “fear,” which, in the short term,
could affect its price in a negative way. Some market observers
anticipate the price of Floki Inu to continue to drop in the coming
days. Related Reading | Floki Inu To Feature Its Logo On S.S.C.
Napoli’s Match Stadium And Jersey If support at $0.00004 is not
broken, Floki may fall as low as $0.00003, if not lower. If support
at $0.00004 is not breached, Floki might rise as high as $0.00005
this month. Considering the current price remains stable in the
following weeks, Floki may see a positive breakthrough. After all,
the crypto is aiming for $0.001 once again. 10 Trillion Tokens
WalletInvestor’s optimistic stance on Floki Inu remains the same.
The token is still seen as a profitable one-year investment by the
platform. According to its forecast, Floki prices might increase in
percentage in the next five years. If this is correct, a $100
investment in the crypto today might be worth $1,535.62 in February
2027. As for DigitalCoinPrice, it predicts a lucrative year for the
crypto. Bullish price predictions are apparent due to its value
stability which is seen to rise as the market activity of Floki Inu
grows. Meanwhile, Floki Inu has a colossal token inventory, with
the creators confirming a maximum supply of 10 trillion tokens. Its
designers believe this is achievable since it outperforms other
cryptocurrencies like Shiba Inu and Dogecoin in terms of
utility. Related Reading | Floki Shiba Meme Token Ranked Top Social
Signal BSC DApp Featured image from Yahoo! Finance, chart from
TradingView.com
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