Floki Inu price prediction is essential for choosing the investment route. We are examining the prediction of Floki Inu price technically. As you know, the main product of Floki Inu is an NFT metaverse game called Valhalla. Floki Token plans to be a fantastic metaverse game to earn money.
Floki’s goal is making a place where users can get rewards for their fights and trades, or they can keep assets acquired by metaverse.
Before trying to predict the value of a currency, it is good to examine the targets and nature of that currency first to know whether it is suitable for investing. If it is, what price can you predict? We will describe Floki Inu’s price prediction in detail.
How does Floki Inu work?
The project team plans to use the successful elements of games such as Pokémon and Skyrim in Valhalla. Players can take creatures called Vera and fight in their places. The game has a gardening system where players can take care of their products and sell them as NFTs later. Floki Inu believes that in the expansion of Valhalla, it will follow the path of Axie Infinity (AXS).
Is Floki Inu safe?
FLOKI is an ERC-20 token in Atrium and a BEP-20 token in the Binance Smart Chain. There is no doubt that ERC-20 is a standard token and all new tokens follow it after releasing in the Atrium blockchain. Atrium is one of the most popular blockchains and a solution for many decentralized applications.
Its mechanism requires miners to extract new ether and ensures that Atrium is one of the most secure blockchains in the crypto industry. Thus, it confirms a set of decentralized transaction nodes and secures the Atrium blockchain.
21 creditors are selected every 24 hours to validate transactions and maintain blockchain security. To be eligible, these creditors must share a certain amount of BNB coins in Binance. The stock-proof consensus mechanism guarantees this type of Binance Smart Chain (BSC).
How many Floki Inu coins are in circulation?
Floki Inu supplies 10 trillion Floki in total. According to BscScan and Etherscan, more than 200,000 FLOKI holders are on the atrium and BSC. Floki’s daily sales volume is about $12 million. Users can buy FLOKI on Uniswap and PancakeSwap, but each purchase includes a 3% marketing tax, which is used to continuously develop the Floki Inu ecosystem. The team plans to reduce its marketing tax, as it has raised enough funds.
Floki Inu price prediction
The total number of unique addresses that keep Floki Inu on the network has increased from 29,816 addresses on October 27, 2021, to 52788 addresses on December 16 of that year, which increased 77%. On October 27, 2021, Floki had 248691 Twitter followers and 7955 Reddit members and was mentioned 231 times on social media daily.
Floki has also been mentioned several times among the ten digital currencies with the highest number of mentions on Twitter, which is one of the reasons that can be attributed to Elon Musk’s tweet and his interest in this meme coin.
CertiK once audits Floki Inu, and an analysis of the emotions toward CertiK shows that 22.3% have a positive feeling for Floki. Only 5.29% do not feel good about Floki, and 72.4% are neutral. According to CertiK, at the time of writing this article, Floki Inu was able to score the following points.
Static Analysis
All checks passed, and no issues were detected: 100
On-chain Monitoring
Healthy based on real-time transactional tracking systems: 100
Social Sentiment
Positive Based on social monitoring and sentiment analysis: 91
Governance & Autonomy
Strongly based on checking and tracking of privileged movements: 95
Market Volatility
In progress based on indicators over trading volume/liquidity/depth: 70
Safety Assessment
Good based on 15 safety and hazard evaluations: 85
The 4-hour Floki Inu price prediction
After the last 600% pump, Floki entered a correction phase. The correction process with fluctuations will continue as long as it trades inside the blue channel. The price is still above the critical support of 0.000119. Short-term static support 0.000131 is still active, and in case of failure in this area, the lower support will be the next target.
If the red downtrend line is broken, we will have a resistance of 0.000155. And with the break of the downtrend channel and the stabilization of the price above it, next Floki’s targets will be 0.000224 and then 0.000288 and 0.000357.
The analysis and Floki Inu price prediction by the Fundlan team does not end here, but you can always see newer and more up-to-date analyzes of the Floki Inu on this page of the Fundlan’s site.