$FLOKI

FLOKI INU PRICE PREDICTION:

Floki Inu (FLOKI): Price Drops, Replicating Broader Market Floki Inu is a renowned memecoin named after Elon Musk’s Shiba Inu dog, Floki. It is compatible with Ethereum and Binance Smart Chain blockchains. Floki Inu has a market cap of over $1.3 billion, with a total supply of 10 trillion FLOKI tokens.Floki is working on multiple projects, including an NFT gaming metaverse named Valhalla and a merchandise marketplace called FlokiPlaces. After reaching its All-Time High (ATH) of $0.0003462 earlier this year, Floki has seen a major downtrend and is currently 60% below its ATH.Floki trades at $0.0001372, taking support on the 50-day moving average and below the 200-day moving average. Recently, it has faced resistance near the $0.00017488 price mark. The support level at $0.00013140 is a probable entry for bulls, with another significant support at $0.00011170. Floki’s price has dropped by a massive 7% in the last 24 hours, but the volume shows a 28% surge today, which means demand is increasing. This demand can be attributed to investors coming in to buy the dip. Today's candle has been a doji with extended highs and lows.