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What is Floki Inu?

Floki Inu again meme blockchain project that born following Elon Musk Tweet. Recently Elon musk expressed his love for Shiba Inu and tweeted that My Shiba Inu will be named Floki”. We know recently many memes coin like shiba inu, dogecoin and other gaining huge market volume, as this project already in the top 50 crypto projects list.

Floki again influence by Elon musk, as there are more than 10 projects based on Elon musk tweets. Floki will be based on same strategy of other meme coin, as it will be following automated yield farming strategy. User can buy Floki on Uniswap by setting price slippage 10%, where 5% redistributed within existing user and remaining collected as TAX will be added in locked liquidity.

“Join These Biggest ICOs of 2021”

Floki project completed more than 1k holders and diluted market cap also surpass $2.5 million. Auto farming feature already added in roadmap and in future project will be focusing on NFT giveway and charity partnership. Floki has added to coingecko and waiting for approval of coinmarketcap.

Floki Coin Price Prediction

Shiba Inu Price Prediction | Dogecoin Price Prediction

Floki Inu Overview

Project name Floki Inu
Ticker Symbol FLOKI
Total Supply 1,000,000,000,000
Official website Floki-inu.com
Based on Meme coin
Launched year 2021
Supported chain Ethereum network
Exchange Platform Uniswap
Wallet Metamask, TrustWallet

Floki Price Analysis

Floki is ERC-20 standard token based on Ethereum blockchain. Floki token is listed on uniswap decentralized exchange and can be traded with USDT or ETH and other tokens. Floki since its launch surged by 233% and its bull run continues. Current market situation do not suit any new project launch, as most of new launched token already dropped below ICO or IDO Price. somehow, Floki survive in market crash and we could expect another bull run in future.

Floki Coin Price Prediction

Conclusion

Floki aka meme coin blockchain project that simply run by community, as price fluctuation will having influence of Elon musk. As another tweet mention will be enough to grow Floki more than 100% from now. however, Floki Inu is not audited yet, as it should be audited by verified platform. as we know, listing is another important thing that help project reach to multiple investors along with trust factor. We know project listed on Binance, coinbase follow some criteria, so once floki confirm listing on major exchange then its value keep growing. we suggest you to do research, because this type of project has no fundamental value.

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Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

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‘Be Patient- Bitcoin Price To Recover’ Says A Popular Analyst

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The global market capitalization for the past couple of days is experiencing an extreme drain. Most of teh crypto assets are registering a consecutive 5 red daily candles in a row. The huge selling pressure accumulated on the Bitcoin price has compelled it to bottom below $38,000. By trending very close to the support levels around $37,000, the fear of BTC price revisiting levels around $34,000 hovers. 

Despite the bearish sentiments surrounds the assets, yet it is believed that the price will recover very soon. A popular analyst Alan Santana, suggests his followers to patiently wait until the price flips the bears. He also said that some people are already giving up Bitcoin, falling into the trap of ‘Panic Selling’. And also asked his followers not to join them, rather wait until the next pump.

Also Read: Dogecoin Price Feared To Continue With A Bearish Trend, Is $0.2 At Stake?

btcchart

The price seems to be following the path led by the analyst as it bounced significantly on visiting the support zone at $37,978. With a significant bounce, the price could surge close to $40,000 or above. However, yet the chances of forming lower lows still hover the rally. And in such a case, the price could even visit the lower support at $35,700 and rebound. 

However, $35,700 are among the strong support levels and if in case, the Bitcoin price fails to sustain, then a plunge below $34,000 may be imminent. But considering the indicators, the RSI has already bounced back and MACD showcases ease in the selling volume. And hence considering the factors a bounce above $40,000 may be on the way for BTC price.

Also Read: Cardano(ADA) Price Spikes As Bitcoin & Ethereum Yet To Manage The Trembled Situation!

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