FLOKI's bull market is about to begin, and the next wave of opportunities is coming!
FLOKI memecoin may be about to usher in a new round of bull market. In September, I noticed that the market began to show signs of accumulation. Recent observations showed that FLOKI was entering the second stage of the cup handle pattern.
In fact, FLOKI has been on a downward trend since the high in June. However, it has recently stabilized in the price range of $0.0001, suggesting that the short momentum has weakened. As the price gradually stabilized, I observed that its trend formed a trend similar to the shape of the cup handle. This pattern shows that FLOKI may be about to usher in a strong rebound. In other words, the recent low point is likely to be the bottom of the price pattern.
FLOKI WHALE ACCUMULATION BEHAVIOR
On-chain data shows that FLOKI's whale account is increasing significantly. Judging from the historical concentration of memecoin, as of the end of August, whales held 7.32 trillion FLOKI, and by September 13, this figure had increased to 7.51 trillion FLOKI. At the same time, the balance of retail holders also increased from 1.42 trillion at the end of August to 1.44 trillion on September 13.
Although the positions of whales and retail investors are increasing, I also noticed that the tokens in investor accounts are decreasing. The investor's token balance decreased from 1.26 trillion at the end of August to 1.05 trillion on September 13. This phenomenon shows the strong interest in the market in FLOKI, especially the increase in holdings from large holders, which further confirms the bullish sentiment in the market.
FLOKI's trading traffic data is also consistent with the increase in holdings of whales. The inflow of funds from large holders is increasing, and the demand is increasing day by day. For example, on September 10, FLOKI's large holder inflow reached 5.4 billion, and by September 13, this figure had increased significantly. At the same time, FLOKI's large holder outflow also fell from 7.75 billion on September 10 to 7.3 billion on September 13. THIS TREND SHOWS THAT WHALES' DEMAND FOR FLOKI CONTINUES TO INCREASE.
In general, FLOKI's market performance and Whale's increase in holdings show that it is about to usher in a new round of rise. If the current accumulation momentum continues, FLOKI is likely to break out in the short term and usher in a significant price rebound.
The opportunity is just around the corner. FLOKI's next wave of bull market is ready to go. Don't miss this opportunity!
