There was a bit of controversy about the market supply of FLOKI coins, Floki Inu’s native token. According to CoinMarketCap, Floki Inu claim to burn 10.65 Trillion Tokens, but Coinmarketcap does not reflect such burnings In Floki’s max supply.
FLOKI’s team notified Coinmarketcap that their “Max Supply,” which now shows as 20 trillion on CMC, is wrong. Further clarifying the supply issue, Floki’s team noted that Floki Inu is present in two chains. One is Ethereum (ETH), and the other is Binance Smart Chain (BSC). When Floki was launched on the Ethereum chain, the maximum supply was 10 trillion. The token was then launched on Binance Smart Chain with the same maximum supply.
In this way, Floki owns a total max supply of 20 trillion, but the team noted that a total of 10.65T tokens were permanently burnt on both chains, which CMC might be unaware of. The Floki team also shared a detailed breakdown of FLOKI tokens burnt/out circulation via tweet.
“1.43 trillion Burnt on ETH, 1.16 trillion locked in ETH Bridge, 3.50 trillion Burnt on BSC, and 4.56 trillion locked in BSC Bridge. 10.65 trillion Tokens permanently out of circulation across both chains.”
#FLOKI is finally live and tradable on the Bybit exchange just a few days ago. Being made available in exchanges shows confidence by investors to trade with the coin. Furthermore, #Bybit is running a trading competition with a 4,000,000,000 $FLOKI tokens prize pool.
If you want to learn more, join #Floki in their telegram this Monday the 1st of August at 3pm UTCt.me/FlokiInuToken. They will be hosting an AMA with core member B to discuss all things Flokish. By listening during community AMAs, you can gain clarification on the crypto, and form your own conclusions on Floki Inu price prediction.
Floki Inu [FLOKI] is a token based on Ethereum, the Binance Coin blockchain. The actual price for one Floki Inu [FLOKI] is $0.000012. Floki Inu is listed on 3 exchanges with a sum of 8 active markets. The 24h volume of [FLOKI] is $506 859.
Floki Inu reached its highest price on Nov 4, 2021, when it was trading at its all-time high of $ 0.000342. The lowest price since its ATH was $ 0.000005 (cycle low). The highest FLOKI price since the last cycle low was $ 0.000012 (cycle high). The Floki Inu price prediction sentiment is currently neutral.
Floki Inu’s current circulating supply is 9.14T FLOKI out of a maximum supply of 10.00T FLOKI. In terms of market cap, Floki Inu is currently ranked #16 in the NFT Tokens sector and ranked #8 in the Meme Coins sector.
What is Floki Inu?
Floki Inu is part of a family of meme coins that are community owned. Floki Inu stands out from other meme coins because it creates utility for its community, i.e., Floki Vikings. Floki Inu follows the footsteps of the famous Shiba Inu, which has a significant and active community.
Floki Inu gives power and opportunities to the people instead of hedge funds and venture capitalists. Floki plans to become the most popular and utilized coin in the crypto space.
How Does Floki Inu Work?
The Floki coin is the native token of the Floki Inu ecosystem. The coin is available on the Ethereum blockchain and the Binance smart chain; the cross-compatibility enables Floki users to leverage the strengths of both blockchains.
Floki Inu has a maximum supply of 10 trillion, with 9,071,605,014,287 Floki tokens in circulation. There is a 3% tax on every Floki coin trade; the tax is used for development, adoption initiatives, charity, marketing, and partnerships.
Team behind Floki Inu
Floki is community led with plans to adopt a decentralized autonomous organization (DAO). Floki members are referred to as Floki Vikings. Floki team Core members include Dr. Amanda Kavner, Mr. Brown Whale, and Jackie Xu.
Floki Inu has over 400,000 token holders and 320,000+ followers on Twitter. Floki Inu’s success is attributed to its thriving community, like Shiba Inu.
Floki Inu Ecosystem
The Floki Inu ecosystem uses the Floki token and aims to provide utility to Floki Vikings.
Valhalla
Valhalla is a turn-based blockchain combat game in the metaverse. The game currently runs on L2 optimism Kovan testnet. The innovative technology makes it possible to verify stats on the chain and use Veras – unique upgradable Non Fungible tokens NFTs. Veras can be traded on the platform’s NFT marketplace.
Floki Places
Floki places is a planned merchandise and NFT store that enables the crypto community to trade NFTs and merchandise for crypto.
Floki University
Floki University is an education platform on everything cryptocurrency, metaverse, NFT, and blockchain. It is a beginner-friendly place to learn how blockchain technology affects real life and how retail clients and programmers benefit from it.
Decentralized Finance (DeFi)
Floki is using strategic partnerships to bring Defi down to the people. A partnership with Chain Link gives Floki access to tamper-proof quality price feeds transmitted over the blockchain.
Floki Defi offerings include Inverse finance for Floki collateral and staking and BarnBridge for trading leverage.
Floki Inu 3 Pillars
The Floki Inu pillars strengthen its commitment to its community. These include Charity, meme culture, and Utility.
Floki Meme Culture
Floki Vikings thrive on memes. The community views memes as the only way to mainstream cryptocurrencies and enable adoption through the power of memes. Memes appeal to everyone poor, rich, old, young, small, and great.
Utility
Floki Inu has a strong roadmap that focuses on utility. The utility makes the Floki token more than just a joke coin; Floki Inu provides opportunities and equality to the community.
Charity
Top of the list is Floki’s aim to build a school on every continent and then in every underdeveloped nation in the world. Floki makes life easier for us and contributes to the world’s well-being.
Floki Inu Price History,
Floki Inu was initially released to the public on Gate.io startup. 2B Floki were offered for the crowdsale, and 8,365 users participated, with 99.51% of the orders completed successfully. $23M was committed for sale, and each user got about 242072.13749697 Floki tokens. Floki Inu commenced trading on Sep 16th, AM 08:30 UTC on the cryptocurrency market.
Coinmarketcap indicates the first Floki Inu price of $0.000004. In October 2021, the Floki Inu price surged with a high trading volume. The high uptake pushed Floki to its all-time high price of $0.0003437 on 4 November 2021. The Floki Inu price today is 96% below its ATH.
This year, Floki opened at $0.000111. Floki broke the support 4 days later to a continuous bear run. Floki is down 90% from the year’s opening price.
Some FLOKI Price highlights
- Price has increased by 280% in the last 1 year
- Outperformed 99% of the top 100 crypto assets in 1 year
- Outperformed Bitcoin and Ethereum
- 18 green days in the last 30 days (60%)
- Trading near cycle high
- Has high liquidity based on its market cap.
Floki Inu Technical Analysis
Floki Inu has been downward since March and moved into oversold territory several times. In the first two weeks of July, Floki accumulated and broke out in an upward trajectory. The William Alligator trend lines suggest prices will continue rising despite trading in oversold territory. The MACD histograms show little price momentum to the upside.
Floki Inu Price Predictions by Authority Sites
Walletinvestor
The site uses machine learning and artificial intelligence (AI) to provide the Floki Inu price forecast. The AI rates Floki Inu’s historical data index A and comments that it would make a bad one-year investment. The Floki Inu price will drop by 82.96% to a future price of $0.00000189 in August 2023. The site indicates a bullish market price prediction for the coming two weeks, and Floki Inu will rise to $0.0000135 at the end of the period. The negative trend will continue in 2024 at -96.17% ROI and drop to -98.09% in 2025. The ROI will be -99.08% in 2026 and -99.64% in 2027.
TradingBeasts
This site uses linear and polynomial regressions to predict future values of Floki Inu. The Floki Inu token will sell at an average of $0.0000159 in August. The price will rise gradually to $0.0000183 at the end of the year. In 2023 Floki Inu will sell at an average price of $0.0000194 in January and $0.0000295 in December. The site provides a bullish Floki Inu price prediction from 2024 to 2025. In 2024, Floki Inu’s average trading price will be $0.0000302 in January and $0.0000362 in December. In 2025, Floki Inu’s average forecast price will be $0.0000366 in January and $0.0000407 in December.
Digital coin price
According to the Digital coin price forecast system, Floki Inu’s current price is down over 90% this year and will trade sideways for the second half of 2022. The average Floki Inu forecast price for August is $0.000016, reaching the highest in December at $0.000019. In 2023, Floki Inu will sell at an average price of $0.0000163. It will reach a maximum price of $0.0000177 and a minimum value of $0.0000149. In 2025, Floki Inu will sell at an average price of $0.0000218. It will reach a maximum price of $0.0000249 and a minimum value of $0.0000194. In 2030, Floki Inu will sell at a mean price of $0.0000518. It will reach a maximum price of $0.0000540 and a minimum price of $0.0000498.
Cryptopolitan
Floki Inu Price Prediction 2022
The Floki Inu tokens price prediction for 2022 is $0.00000921. Floki Inu had performed poorly this year, losing over 90% of its value. Many meme coins have shared the sentiment in the crypto markets. Floki Inu digital coins will be bullish in the next run and trade between $0.00000886 and $0.0000103.
Floki Inu Price Prediction 2023
The Floki Inu tokens price prediction for 2023 is $0.00001325. Floki Inu is following the example of Shiba Inu, who has amassed a considerable following, including celebrities like Elon Musk. Floki is cashing on influencers to grow its community. Floki Inu value will reach a minimum price value of $0.00001289 and a maximum of $0.00001535.
Floki Inu Price Prediction 2024
The Floki Inu tokens price prediction for 2024 is $0.00001889. Floki Spaces is a marketplace for Floki Vikings that is set to launch soon. The platform will trade merchandise, and NFTS will increase opportunities for its users. The current value for the year will reach the highest price at $0.00001836 and the lowest at $0.00002251.
Floki Inu Price Prediction 2025
The Floki Inu price prediction for 2025 is $0.00002718. Floki is making investments in play to earn games. The investments reward players in a new economy based on blockchain. The Floki Inu forecast indicates that the future prices will range from a minimum price value of $0.00002623 to a maximum price level of $0.00003136.
Floki Inu Price Prediction 2026
The Floki Inu price prediction for 2026 is $0.00003949. Floki is heading towards complete decentralization by adopting a DAO. A DAO ensures that opinions expressed by the community are considered for implementation. Floki’s price will reach a maximum value of $0.00004538 and a minimum of $0.00003813 in the crypto market.
Floki Inu Price Prediction 2027
The Floki Inu Floki Inu price prediction for 2027 is $0.00005793. Floki’s strategic partnerships in Defi increase earning opportunities for the users. The Inverse finance partnership enables Floki Vikings to borrow crypto with Floki as collateral. The Floki meme coin price will range from a minimum of $0.00005635 to a maximum of $0.00006794.
Floki Inu Price Prediction 2028
The Floki Inu Floki Inu price prediction for 2028 is $0.00008337. Floki has a vastly growing community that is growing through marketing campaigns. Partnerships with FC Twente in Netherlands and Fenerhbase in Turkey increase Floki’s exposure to football fans. The Floki Inu price is expected to range from $0.00008047 to $0.00009726.
Floki Inu Price Prediction 2029
The Floki Inu Floki Inu price prediction for 2029 is $0.00011879. The Floki Inu foundation is committed to creating a more equitable, sustainable, and inclusive economy; the foundation is committed to building schools in underdeveloped countries. Charity is core to the Floki foundation. The Floki Inu price is expected to range from $0.00011463 to $0.00014044 in the market.
Floki Inu Price Prediction 2030
The Floki Inu Floki Inu price prediction for 2030 is $0.00017429. Floki Inu’s future is bright, driven by mass adoption from many investors who bring considerable gain to the platform. The future of WEB 3 is coming, and the crypto world is set to earn extensive—the Floki Inu price range from $0.00016835 to $0.00020658.
Floki Inu Price Prediction 2031
The Floki Inu Coin price prediction for 2031 is $0.00026578. Floki market capitalization will continue to rise past the decade. Support from more celebrities like Elon Musk will be a big win for the community. Floki Inu has a low market cap and therefore has the potential for considerable gains in the short term. The Floki Inu price will range from $0.00025707 to $0.00029232.
Floki Inu Price Predictions by Industry Influencers
Better Trading provides Floki’s price prediction. They predict Floki will average $0.000218 in December.
Floki channel explains Floki’s partnership with Bakery swap. The platform is offering a 718% APY for Floki.
Conclusion
Floki In has had wild price swings since it launched. The coin has a low market cap and has therefore traded at the mercy of the crypto market sentiment. This year, Floki has lost over 90% of its value; despite the downturn in cryptocurrency exchanges, its community continues to grow.
Floki Inu has an excellent road map focused on creating utility for its users. Launching more Defi solutions, blockchain games, Defi solutions, and development grants will increase the fundamental value of Floki. Like Shiba Inu, Floki aims to become more than just a meme coin.
Floki is forecast to start recovering in 2023 once the bear market ends. It will be bullish from 2023 to 2031, offering an excellent return to investors. Adverse publicity and market crashes will, however, bring the market crashing.
The predictions should not be considered investment advice. Cryptocurrencies are a high-risk investment option.
Source: https://www.cryptopolitan.com/floki-inu-price-prediction/