Floki (FLOKI) is a meme-inspired crypto currency that aims to provide utility and value to its holders. It is based on the Floki Ecosystem, which consists of four main projects: “Valhalla”, “FlokiFi”, “FlokiPlaces” and “University Of Floki”.
Valhalla is a play-to-earn NFT gaming metaverse, where players collect and battle with creatures, as well as grow and sell corps.FlokiFi is a decentralized finance platform that offers various products and services.
FlokiPlaces is an NFT and merchandise marketplace that showcases the Floki brand.
University of Floki is a content and education platform that teaches users about cryptocurrency and blockchain. It is a community driven project that seeks to create a fun and rewarding experience for its fans and supporters.
Floki Price Technical Analysis
The technical analysis of Floki crypto illustrates the retest of the precious breakout zone and the 50-day EMA. The daily FLOKI/USD chart signifies a bullish outlook in the long term.
Moreover, the recent sessions have experienced a pullback after the price hit a new swing high. The price is nearing the previous demand zone from where it may get the support of buyers. The price may thereafter conquer highs.
The volume analysis shows that FLOKI had a 24-hour trading volume of $15.98 Million with a drop of 32.45% as compared to yesterday. The live market cap of FLOKI is $335.971 Million and it ranks 138th among all cryptos. The volume-to-market cap ratio is 5.81% indicating low volatility in the market.
Floki Price Prediction 2023
The most optimistic price prediction of the analysts expects the FLOKI token price to reach a high of $0.00004260 , with an upside potential of 20.93% from the CMP (current market price). The minimum price that FLOKI crypto could drop to is $0.00002887.
Floki Price Prediction 2024
As per analysts, the most optimistic target that the FLOKI crypto may achieve by 2024 is $0.00006836, indicating an upside potential of 93.57% from the CMP. The average analyst price target is $0.00005652 by the end of 2024. However, the pessimistic ones pegged the target at $0.00005170.
Floki Price Prediction 2025
The most optimistic analyst forecast for Floki crypto expects the price to reach a high of $0.00009352 with a potential gain of 163.86% from the CMP. The minimum forecasted price by the end of 2025 is $0.00007029.
Floki Price Prediction 2026
The FLOKI coin price may reach a high of $0.0001375 if a positive trend prevails. On the flip side, the most pessimistic view of the analysts expects the price to reach $0.00009432 by 2026.
Floki Price Prediction 2027
As per analysts, the most optimistic price up to which it may reach is $0.0001982. The minimum price target that FLOKI coin may achieve is $0.0001441.
Floki Price Prediction 2028
The most optimistic price prediction of the analysts is $0.0002605 over the next five years. The pessimistic view of analysts pegs the target at $0.0002018 by the end of year 2028.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.
Steefan George is a crypto and blockchain enthusiast, with a remarkable grasp on market and technology. Having a graduate degree in computer science and an MBA in BFSI, he is an excellent technology writer at The Coin Republic. He is passionate about getting a billion of the human population onto Web3. His principle is to write like “explaining to a 6-year old”, so that a layman can learn the potential of, and get benefitted from this revolutionary technology.
Source: https://www.thecoinrepublic.com/2023/12/19/floki-price-forecast-a-meme-coin-with-growth-or-a-bubble/