Among the non-mainstream altcoins that emerged this week, the widely used memecoin Floki (FLOKI) took the lead. A 32% decline has occurred in its price during the previous week.
The substantial outflow of capital among large holders is a contributing factor to this drawdown. Exactly 253 billion FLOKI ($53 million) was the sum on June 12th. On March 9, such substantial outflows were last noted.
The price of FLOKI might fall to $0.00020 if demand keeps falling.
