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Floktober Is Here! What Does It Hold for Floki?

13.10.2023
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Floktober is here! What does it hold for Floki?

  • FLOKI coin surges 8% in the past 24 hours.
  • Mysterious “17.10.2023” post teases big FLOKI announcements.

FLOKI, the meme coin sensation, is creating a buzz with its remarkable surge and an intriguing announcement that has the community abuzz. Over the past 24 hours, FLOKI has soared by 8%. And The FLOKI team recently shared a cryptic post with the date “17.10.2023,” which immediately garnered a lot of attention.

Insiders have hinted at a series of exciting announcements scheduled to kick off on October 17th. Notably, the mysterious post tagged “FlokiFi,” which is a suite of decentralised finance products launching under the Floki brand.

Moreover, Floktober has been a trending topic within the FLOKI community throughout the month. Historically, October has proven to be a hotbed for FLOKI’s price surges, with a notable example being the impressive bull run on October 27, 2021. On that day, FLOKI surged from $0.00005621 to $0.0002683, eventually reaching its all-time high (ATH) on November 4, 2021, at $0.0003437.

pic.twitter.com/8d3NsxqVpX

— FLOKI (@RealFlokiInu) October 12, 2023

In tandem with these developments, FLOKI’s trading volume has skyrocketed by 186% in the past 24 hours, reaching an impressive $19 million.

Meanwhile taking a closer look at FLOKI’s current price movements, it appears to be a battle between bears and bulls. The 9-day exponential moving average (EMA) has dipped below the current trading price, settling at $0.00001751. Additionally, the daily relative strength index (RSI) stands at 54, indicating that the asset is currently in a neutral state.

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CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

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