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Home Crypto News Market Few Reasons Why Floki Inu (FLOKI) Can Reach New All-Time High in...

Few Reasons Why Floki Inu (FLOKI) Can Reach New All-Time High in 2022

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Floki Inu (FLOKI), a dog-themed meme coin, branding itself as “a movement,” entered 2022 with over 390,000 holders.

Floki Inu’s posting a video saying:

“Vikings are not afraid of opposition, we use it as Motivation, and today… we are 390,000 holders strong.”

Although FLOKI’s price is trading -67.99% down from its all-time high price of $0.0003437, registered on November 04, 2021, still, investors hope that Floki Inu (FLOKI) price will touch the moon based on the following reasons:

  • Floki is named after Elon Musk’s dog and currently working on Valhalla Play to Earn (P2E) NFT Gaming Metaverse, Floki Places – Market Place, Floki Inuversity – Crypto Education platform, Global (aggressive) Marketing Campaign.
  • Floki Vikings’ Community is growing fast and becoming a solid and united community day by day. Floki token holders increased to 360K, growing at 10K on average daily. Floki Inu also boasts 271.1K Twitter followers and has been trending on Twitter for two weeks straight, indicating that more people are interested in the token.
  • Floki Inu’s Market cap is only $1billion, which signals Floki Inu has room to grow concerning market cap as Dogecoin (DOGE) is currently trading at $22,463,489,231, and Shiba Inu’s (SHIB) market cap stands at $18,518,159,971.
  • Floki Inu’s price cannot be rug pulled as the biggest Ethereum whale only holds 2%, and liquidity is locked for 265 years. The token is also recognized as part of the meme coin trilogy.

In addition, nowadays, the Floki Inu team is entirely focused on CEXs listing like Coinbase, Binance, Kraken, etc. If the token got listed there, most potential buyers would jump into the Floki Inu’s ecosystem, including Whales. Thus, increasing the demand for the token. As per the rule of thumb, whenever demand rises, the price shoots.

Recently Bitrue and Giottus India’s leading Crypto exchange-listed Floki.

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Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.


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