Floki price has retained its bullish momentum for the year with the project’s popularity on social platforms hitting impressive levels.
According to an update from LunarCrush, a social intelligence company, this year has mostly been bullish for Floki. The number of creators posting about the memecoin in the past year has surged by over 271.6%.
Floki has persistently seen an increase in its popularity over the last year, a time that saw its price soar by 485.50%, per CoinMarketCap data. The project has continued to build on this momentum since the start of this year, with an uptick in its price thus far.
Floki With Multiple Bullish Metrics
Per the data shared by LunarCrush, the 271.6% jump in Floki’s social creators has also triggered the emergence of a more than 404.3% surge in social posts.
The mixture of content creators and the increment in the number of social posts have also solidified Floki’s overall social interaction statistics, which have seen a clear 4,404.4% surge over a one-year period.
⚔️With memecoins in focus, it's been a wild year of growth for $FLOKI with 2024 turning up the 🔥 so far.
1-year performance shows a +271.6% increase in creators posting about @RealFlokiInu which has driven a +406.3% increase in social posts, resulting in a +4,404.4% increase in… pic.twitter.com/5RjgdmONTc
— LunarCrush (@LunarCrush) March 8, 2024
This popularity did not come at the expense of the price of FLOKI. At the time of writing, FLOKI trades for $0.0002243, up by 70.71% in 24 hours. Its market capitalization has also increased to $2,140,024,788.
FLOKI has returned to the list top 100 cryptocurrencies by market cap. Notably, its rallies this year have helped it clinch the 62nd ranking, per data CoinMarketCap.
To complement the positive metrics from LunarCrush and CoinMarketCap, data from crypto analytics platform IntoTheBlock (ITB) has also revealed that 100% of FLOKI holders, amounting to 75,380 addresses, are in profit at the moment.
The Benefit of Consistent Building
Last year, the Floki team introduced the TokenFI platform. Floki aims to build TokenFi into a formidable contender in the tokenization industry as it seeks to capture a share of the industry billed to touch $16 trillion in by 2030.
Floki is also benefiting from other key ventures like Burning and Staking, where it has gained significant growth traction over the past months.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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