Floki Inu Price Prediction: Will FLOKI Price Hit $0.000049 in 2023?

• Bullish Floki Inu (FLOKI) price prediction ranges from $0.00002973 to $0.00004730.
• Analysis suggests that the FLOKI price might reach above $0.000049 soon.
• The FLOKI bearish market price prediction for 2022 is $0.000014823.

Shiba Inu (SHIB) fans and members of the community created the dog-themed meme coin Floki Inu (FLOKI), which refers to itself as “a movement” rather than a meme coin. The Shiba Inu owned by Elon Musk is honoured by the coin.

If you are interested in the future of FLOKI and want to know its predicted value for 2023, 2024, 2025, and 2030, keep reading!

Floki Inu (FLOKI) Market Overview

What is Floki Inu (FLOKI)?

Floki Inu (FLOKI) is a dog-themed meme coin called “a movement. It is a cryptocurrency created by fans and members of the Shiba Inu (SHIB) community. The coin bears the name Elon Musk’s Shiba Inu. FLOKI complies with ERC-20 and BEP-20 standards. Atomic swap allows users to perform a 1:1 FLOKI swap on the ETH-BSC bridge.

Floki Inu is working on “three flagship utility projects:” such as an NFT gaming metaverse called Valhalla, an NFT and merchandise marketplace called FlokiPlaces, and a content and education platform called Floki Inuversity.

To differentiate itself from other meme coins, Floki Inu combines memes with usefulness. The team’s long-term goal is to build a self-sufficient, decentralized ecosystem that includes strategic alliances, token utility development, and use cases for the Floki Inu brand through NFTs, games, and decentralized finance features. 

The Valhalla NFT gaming metaverse is its main flagship product. According to Floki Inu, it will be a play-to-earn gaming metaverse where you can trade or hold onto assets you acquire in the metaverse and earn rewards for winning battles. The game will also feature a gardening system where players can take care of their crops, which can then be FLOKId as NFTs. 

Players can capture and engage in combat with creatures called Vera. With Valhalla, Floki Inu aims to continue down the path paved by games like Axie Infinity (AXS), which made it commonplace to play games on the blockchain and earn money from them.

Floki Inu Current Market Status

According to CoinMarketCap, Floki Inu (FLOKI) is hovering over $0.00003573 at the time of writing, with a total of 8,917,452,316,422 FLOKI in circulation. FLOKI has a 24-hour trading volume of $18,002,586 with a 40.78% decrease. And during the past 24 hours, the price of FLOKI decreased by 3.31%. However, FLOKI experienced a 4.13% spike in seven days.

The most popular exchanges to trade Floki Inu (FLOKI) are OKX, Deepcoin, Bittrue, Bybit, MEXC, and CoinW. Let’s continue with our FLOKI price research for 2023.

Floki Inu Price Analysis 2023

By market capitalization, FLOKI ranks 117th on CoinMarketCap’s list of the biggest cryptocurrencies. Will FLOKI’s most recent improvements, additions, and modifications help the FLOKI price rise? First, let’s focus on the charts in this article’s FLOKI price forecast.

Floki Inu Price Analysis – Keltner Channel

When volatility bands are positioned on either side of an asset’s price, it is possible to determine a trend with the help of the Keltner Channel. Floki Inu (FLOKI) price can be predicted using the Keltner Channel indications for FLOKI/USDT. The price is approaching the upper trendline of the first half of the channel. However, traders should note it is too early to decide on FLOKI’s sentiment. For a better risk-free scenario, we should wait for a downturn or a better entry point to improve the reward-to-risk ratio.

Floki Inu Price Analysis – Relative Strength Index

During uptrends, the RSI tends to remain more stable than during downtrends. It makes sense, considering that the RSI tracks gains and losses. During an uptrend, there are more significant gains, maintaining a higher RSI. In contrast, the RSI tends to linger at lower levels. The value of the 1-Day chart is 48.68 and the RSI value below 50 means that the market is currently facing a weak trend.

Floki Inu Price Analysis – Moving Average

Above is a 1-Day Floki Inu (FLOKI) 200-day and 50-day Moving Averages (MA) chart. FLOKI seems to be moving in an uptrend, as the 50MA is above the 200 MA. Moreover, the gap between the indicators is huge, which could indicate that FLOKI will continue to move in an uptrend for a long time. 

However, FLOKI is currently trading below the 50MA. This could indicate that a price reversal could happen soon. Hence, traders should closely observe indicators and await any trend reversal signs.

Floki Inu Price Prediction 2023

Looking at the daily chart of FLOKI/USDT, the FLOKI price was swinging from $0.00002973 to $0.00004730 within the past 30 days. Currently, FLOKI is trading below the 50MA and moving closer to Support 1. This could indicate that FLOKI is facing a weak trend and may trade within the Support 1 region. However, the 50 MA is above the 200 MA indicating that FLOKI could continue its journey upward toward the Resistance.

Meanwhile, our long-term FLOKI price prediction for 2023 is bullish if it cannot break the support level. We can expect FLOKI to reach $0.000049 this year.   

Floki Inu Price Prediction – Resistance and Support Levels

The chart above shows that the price of FLOKI has decreased in the past few months. Moreover, FLOKI has been down by 24.04% in the past 30 days. This price decrease could be a retrace during the bull run. FLOKI could break the $0.000035 level and increase it to $0.00004

If FLOKI cannot break the $0.000035 level, the bears may seize control and dethrone FLOKI to a downtrend stance. In simple terms, the price of FLOKI might fall to almost $0.000015, indicating a negative signal from the previous support level.

Floki Inu Price Prediction 2024

There will be Bitcoin halving in 2024, and hence we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. Since the Bitcoin trend affects the direction of trade of other cryptocurrencies, we could expect FLOKI to trade at a price not below $0.0000685888 by the end of 2024.

Floki Inu Price Prediction 2025

We should expect the price of FLOKI to trade above its 2024 price due to the possibility of most cryptocurrencies breaking more psychological resistance levels due to the Bitcoin halving over the previous year. Hence, FLOKI could end 2025 by trading at around $0.0000965461.

Floki Inu Price Prediction 2026

Since the maximum supply of FLOKI is approached by 2026, the bearish market that follows a FLOKIid bullish run impacts its previous price due to the entrance of more institutional investors to its platform. With this, the cost of FLOKI could break the usual trend and trade at $0.0001266750 by the end of 2026.

Floki Inu Price Prediction 2027

Investors expect a bullish run next year, 2028, due to Bitcoin halving. Hence, the price of FLOKI could consolidate the previous gains and even break more psychological resistance levels due to investors’ positive sentiment. Therefore, FLOKI could trade at $0.0001629734 by the end of 2027. 

Floki Inu Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. It is, therefore, possible that the market could attain higher high values. Floki Inu (FLOKI) could hit $0.0001913774 by the end of 2028. 

Floki Inu Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin halving, could surge the price of FLOKI to $0.0002331213 by the end of 2029. Also, FLOKI is likely to break its ATH value.

Floki Inu Price Prediction 2030

The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We expect the price of Floki Inu (FLOKI) to trade at around $0.0002820875 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Floki Inu Price Prediction 2040

According to our long-term FLOKI price estimate, FLOKI prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $16 by 2040. If the market turns bullish, the price of FLOKI could go up beyond what we predicted for 2040.

Floki Inu Price Prediction 2050

According to our FLOKI forecast, the average price of FLOKI in 2050 might be above $530. If more investors are drawn to FLOKI between these years, the price of FLOKI in 2050 could be far higher than our projection.

Conclusion

FLOKI might reach $0.0000134038 in 2022 and $0.0002820875 by 2030 if investors decide that FLOKI is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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