Floki Price Prediction as FLOKI Blasts Up 30% and Becomes Top 100 Crypto in the World – Are Whales Buying Again?
The Floki price has rocketed by 25% in the past 24 hours, with its surge to $0.00003824 coming as the wider crypto market falls by 1.5% today.
FLOKI has now risen by a very impressive 100% in a week and by 143% in a month, with its recent performance enabling it to enter the top 100.
Its enviable performance today comes after Floki Inu launched its own tokenization platform, TokenFi, which promises to boost adoption of the meme token.
And with the market gaining momentum in recent days, the Floki price may rise even further over the weekend.
FLOKI’s price has broken out in the past few days, as a result of the positive TokenFi news.
Its indicators reflect its performance, with its relative strength index (purple) remaining above 80 after surging earlier this week.
This indicates some very strong momentum, even if an RSI above 80 would suggest that an asset is overbought.
However, FLOKI’s 30-day average (yellow) tells a slightly different story, in that it still hasn’t climbed over its 200-day average (blue) yet.
And given that there’s still plenty of space between the two averages, this would suggest that the altcoin could rise further before correcting.
Also supporting this positive view is the coin’s 24-hour trading volume, which has jumped from just over $6 million a month ago to $300 million today.
This signals a massive growth in interest in FLOKI, with whales likely making up a big portion of this increase.
As noted above, the biggest factor in FLOKI’s rally is likely the launch of TokenFi, which Floki Inu announced yesterday.
FLOKI LAUNCHES TOKENFI (with "TOKEN" ticker) TO CAPITALIZE ON THE TRILLION-DOLLAR TOKENIZATION INDUSTRY
Floki has launched a crypto and asset tokenization platform named @TokenFi to capitalize on the
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