Floki Inu Awaiting Peak

Floki Inu is one of the most robust crypto tokens in space. The token has always been known to introduce grand marketing strategies to streamline its presence, and it has always been one step ahead of the game. The token had recently launched a bunch of new offerings, including a telegram bot, intending to simplify crypto trading for traders and investors. The Floki Trading Bot charges a 1% fee on every trade and uses FLOKI as its main utility token: 50% of this fee buys and burns $FLOKI, while the rest goes to the Floki Treasury. This will enhance the utility of the FLOKI token while accelerating its deflation. The token is currently establishing a bullish price pace. Floki is surging past lead tokens such as Shiba Inu, Pepe, and Dogwifhat, leaving them in the reddish trend zone. At press time, SHIB is trading at $0.00001685 while WIF and PEPE are currently sitting at $2.05 and $0.00001082, down by nearly 2% and 5%, respectively. The price of Floki Inu may rise by 227.02% and reach $0.000586 by August 1, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 51 (neutral). Floki Inu recorded 13/30 (43%) green days with 23.89% price volatility over the last 30 days.

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