72% Floki Holders In Profit: Will FLOKI Price Continue the Bullish Run?
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Floki (FLOKI) was the 51st largest crypto at press time in terms of market cap in the global crypto market. It had a market cap of $1.454 billion, as FLOKI price saw a notable surge of 21% this week. In the intraday, its spot volume pumped nearly 100% with an amount standing large at $593.09 Million.
The past 24 hours’ market cap-to-volume ratio signified robust liquidity present at 40.37%. That made it possible for investors to buy and sell FLOKI on the exchange closest to its price value.
Its tokenomics signified that the floating supply has nearly met the total supply. The floating supply was at 9.5 Trillion out of 9.6 Trillion FLOKIs.
The token’s rich list showed the total holders were at 79.89K, with the top 10 holders amassing the max circulation of 74.23%. The meme-coin has witnessed great adoption and interest in the market.
How Many FLOKI Addresses are making money at the current price?
Based on the financial data from the On-chain research website, it was found that nearly 72.79% of addresses were sitting in the money and in profit with having a balance of FLOKI. The 58.07K holders’ addresses were in green from the purchased price.
Meanwhile, 23.56% were sitting out of money, meaning the total addresses facing significant losses in their holdings were 18.79K addresses. While 3.65% of the addresses were at breakeven prices, making no gain or loss. The number of those addresses was 2.91K.
According to the IntoTheBlock website, the FLOKI token has a 0.85 price correlation with BTC. The number of members in its official Telegram community group has surged this week. The total members have reached 86.27K Members.
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