TokenFi (TOKEN) is experiencing increased demand

TOKEN is the native coin of the TokenFi protocol, which allows for the tokenization of real-world assets. Over the past seven days, the price of the altcoin has increased by more than 27%.

Price action on the daily chart confirms that buying activity is significantly outpacing profit taking. At the moment, the TOKEN relative strength index (RSI) is in an upward trend at 70.43, and the money flow index (MFI) is fixed at 76.44.

If the trend continues, the TOKEN price may exceed the $0.17 level and reach $0.183.

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