Floki Inu (FLOKI): A Comprehensive Cryptocurrency Overview

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Introduction to Floki Inu (FLOKI)

Floki Inu (FLOKI) is a cryptocurrency token created on the Ethereum platform and officially launched in 2021. Inspired by popular meme culture, it has grown into a project with a dedicated community and notable market presence. This article provides a detailed analysis of FLOKI's price trends, market data, and essential metrics for informed decision-making.


Current Price and Market Performance

As of the latest data, Floki Inu is trading at **$0.0000758**, reflecting a **-4.45%** change over the past 24 hours. The opening price for the day stood at $0.0000793. Despite a brief recovery to $0.0000815, the token faced resistance and failed to maintain upward momentum.

Over the past 30 days, FLOKI has experienced a decline of -22.79% from its peak but remains 26.88% above its lowest point in the same period.

24-Hour Trading Range:

52-Week Range:


Market Capitalization and Supply

Floki Inu holds the 82nd rank by market capitalization among cryptocurrencies. Key supply metrics include:

The token is traded on 39 exchanges, contributing to its liquidity and accessibility.


Historical Performance and All-Time High

FLOKI reached its all-time high of $0.000320**, which represents a decrease of **-76.30%** from its current value. Despite this, trading volume remains significantly higher than the 2021 cryptocurrency launch average of $360,844, with FLOKI averaging $56,730,778** in daily trades.


Initial Coin Offering (ICO) Details

Floki Inu’s ICO was completed on September 16, 2021, with the following specifics:

Parameter        Value          
Status          Finished      
ICO Price        $0.0000458    
Funds Raised (USD)$91,600        
Token Supply    Not specified  

Wealth Distribution Analysis

The distribution of FLOKI tokens reveals concentration among major holders:

Holder Tier      Tokens Held        Percentage
Top 1-10        4,696,416,575,636  46.96%    
Top 11-100      2,404,817,632,880  24.05%    
Top 101-1000    2,303,180,884,128  23.03%    
Others          595,584,907,356    5.96%    

It is worth noting that some of the largest addresses may belong to cryptocurrency exchange wallets.

Contract Address: 0x2de72aDa48BDF7Bac276256D3F016fE058490C34


ROI and Volatility Metrics

Floki Inu’s return on investment and volatility metrics provide insights into its risk-reward profile:

Metric              Value      
ICO ROI            +65.48%    
3-Month ROI        +35.63%    
6-Month ROI        -61.77%    
12-Month ROI        -50.17%    
3-Month Volatility  58.33%    
6-Month Volatility  81.31%    
12-Month Volatility111.55%    
Maximum Drawdown    -98.58%    

Technical Analysis Indicators

A variety of technical indicators help assess FLOKI’s market momentum and potential trends:

Indicator                  Value    Signal    
RSI (14)                  54.83    Natural    
Commodity Channel Index (20)65.65    Natural    
Average Directional Index (14)53.11  Sell      
Williams Percent Range (14)-24.16  Natural    
Ultimate Oscillator        53.11    Natural    
EMA (10)                  0.0000751Buy        
EMA (20)                  0.0000758Sell      
EMA (30)                  0.0000775Sell      
EMA (50)                  0.0000796Sell      
EMA (100)                  0.0000842Sell      
EMA (200)                  0.0000987Sell      

Blockchain and Network Stats

Key on-chain metrics highlight user activity and network health:

Over the past 30 days, an average of 0.03 transactions per day involved FLOKI, indicating moderate on-chain activity.


Frequently Asked Questions

What is Floki Inu (FLOKI)?
Floki Inu is a meme-inspired cryptocurrency token built on the Ethereum blockchain. Launched in 2021, it combines community-driven engagement with decentralized finance features.

How can I buy Floki Inu tokens?
You can purchase FLOKI on various supported cryptocurrency exchanges. Always ensure you use a reputable platform and follow security best practices when trading. 👉 Explore more strategies for investing in cryptocurrencies

What factors influence FLOKI’s price?
Like many cryptocurrencies, FLOKI’s price is affected by market sentiment, trading volume, broader crypto market trends, and project-specific developments such as partnerships or protocol upgrades.

Is Floki Inu a good investment?
Investing in cryptocurrencies involves significant risk due to market volatility. While FLOKI has shown periods of growth, it’s essential to conduct thorough research and consider your risk tolerance before investing.

What is the long-term vision for Floki Inu?
The project aims to expand its ecosystem through utility-based offerings, including NFTs, gaming, and metaverse integrations, fostering long-term community growth and token adoption.

Where can I learn more about technical analysis for cryptocurrencies?
Understanding technical indicators can help with market analysis. Many educational resources are available for learning chart patterns, momentum indicators, and trading strategies. 👉 Get advanced methods for crypto technical analysis


Conclusion

Floki Inu remains a notable meme token with active market participation and a dedicated holder base. While its price has seen significant volatility, its presence on multiple exchanges and ongoing development efforts contribute to its visibility in the cryptocurrency landscape. As with any digital asset, potential investors should perform due diligence and stay informed about market conditions.