Price Analysis

Floki-Inu Plunge Heavily. Will FLOKI Price Add Up Another Zero ?

Written by: Delma Wilson

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Delma Wilson

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

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Nov 28, 2021

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The Floki Inu token is generating a lot of hype in the crypto realm as the meme currency community grows, and it is now one of the most talked-about meme tokens. The Floki Inu community is currently working on a Binance listing petition.

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A petition started by the Floki Inu community on Change.org has received over 14,000 signatures. The meme currency is one of the newest on the market, with a market worth of $2.6 billion in just four months, placing it among the top 70 cryptocurrencies by market capitalization.

This rise is cited in the petition as one of the reasons Binance should list the cryptocurrency. Floki Inu now has over 310,000 holders, with trade volumes reaching at $280 million, according to the petition, despite failing to list on any of the major exchanges.

Another petition to have Floki Inu listed on Coinbase is being launched by the Floki Inu community. Around 30,000 people have signed the petition.

Floki-Inu price analysis

The FLOKI INU price is currently trading at $0.00013876 at the time of writing and has declined by 4.5 percent in the last 24 hours. The correction phase, which began on November 4th, has progressed significantly, dropping 65 percent from its All-Time High in just three weeks. The FLOKI price has broken through another support level of $0.000015, implying that the price would continue to tumble in the future session.

The price of the FLOKI token is currently attempting to retest the new resistance level of $0.00015 in order to gauge the intensity of supply pressure. The token price could drop to $0.0001 if the price gains enough resistance from this level.

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Delma Wilson

Delma is a B2B Content Marketer, Consultant, Blogger in the field of Blockchain, and Cryptocurrency. In her spare time, she loves to blog, play badminton and watch out ted talks. She likes pets and shares her free time with NGO.

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