Floki Coin Price Summary and Graph

🗓️ On March 1, 2024, the price of Floki (FLOKI) was at $0.0062231, showing a 1.21% increase in value with a trading volume of 2,142 Cr

🏦 The following day, on March 2, 2024, Floki surged by 16%, trading at $0.000049. This surge followed DWF Labs' purchase of $10 million worth of Floki tokens over two years, contributing to the bullish momentum. The meme coin reached a one-year high of $0.000056 on February 27 and currently holds a market cap of $472 million, making it the 135th largest digital currency. The daily trading volume soared by 142%, reaching around $343 million

🗝️ Key Insights:

🏦 Market Cap: Floki's market cap stands at $472 million.

Trading Volume: The daily trading volume increased significantly to around $343 million.

📈 Open Interest: Floki's total open interest rose by $1 billion in a day, reaching $3.2 billion.

💪🏻 Long-Position Dominance: Long-position traders slightly dominate short traders with a total funding rate of 0.02%.

🤑 Profitable Supply: Over 89.5% of the total Floki supply is currently in profit.

📈 The surge in price and market activity for Floki on March 2, 2024, was driven by strategic investments and increased market interest, indicating growing investor confidence and engagement in the cryptocurrency.

For a visual representation of Floki's price history and recent surge

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