Key Statistics
FLOKI (FLOKI) is currently trading at $0.000073770, reflecting a decrease of 5.83% over the past 24 hours. Its fully diluted market capitalization and historical price data provide essential context for evaluating its market position. The token reached its all-time low on August 9, 2021, at $0.000000023 USD.
Price performance over broader timeframes shows a decline of 2.89% over the past week, a more significant monthly drop of 17.51%, and a substantial 56.60% decrease over the last year.
Understanding FLOKI
FLOKI is a cryptocurrency asset operating within the dynamic digital asset market. Like many other cryptocurrencies, its value is influenced by market sentiment, adoption trends, and broader economic factors within the crypto ecosystem.
For traders and analysts, monitoring key metrics is crucial. The average balance held in FLOKI is approximately 7.22K USD, while the average transaction size sits around 5.07K USD.
Technical Indicators and Market Signals
Technical analysis offers valuable insights for interpreting market movements. Current indicators for FLOKIUSD present a mixed to bearish signal across various timeframes.
- Oscillators: Generally indicate a neutral market sentiment.
- Moving Averages: Predominantly signal a selling pressure.
- Summary: The overall technical assessment for today points toward a sell signal. The one-week rating also aligns with a sell recommendation, and the one-month outlook further reinforces a bearish sentiment.
It is vital to remember that technical analysis is just one tool and should be used in conjunction with fundamental research and market news.
Trading FLOKI Safely
Engaging with cryptocurrencies requires careful consideration due to their inherent volatility. The estimated volatility for FLOKI today is around 5.43%, which is characteristic of this asset class.
The safest approach to acquiring FLOKI is through a well-established and reputable cryptocurrency exchange. These platforms provide the necessary security and liquidity for transactions. Furthermore, you can streamline your trading process by connecting a supported broker directly to your charting tools to execute trades. 👉 Explore secure trading platforms
Before adding any crypto asset to your portfolio, thoroughly research all available statistics, market trends, and potential use cases.
Frequently Asked Questions
What is the current price trend of FLOKI?
FLOKI's price has experienced a downturn, decreasing over the last day, week, month, and year. Always check real-time charts for the most current movements and to place short-term fluctuations in the context of longer-term trends.
How volatile is FLOKI compared to other cryptocurrencies?
Cryptocurrencies are known for their volatility, and FLOKI is no exception, with current volatility estimates around 5.43%. This means its price can experience significant swings in a short period, representing both potential opportunity and risk.
Where can I safely buy and sell FLOKI?
It is recommended to use reputable and well-known cryptocurrency exchanges that offer robust security measures. Always ensure you are using a verified platform and have secured your account with strong authentication practices before conducting any transactions.
What do the technical indicators suggest for FLOKI?
The current technical analysis for FLOKIUSD on various timeframes (daily, weekly, monthly) primarily indicates sell signals based on moving averages and a neutral to bearish outlook from oscillators. However, market conditions can change rapidly.
How can I stay updated on FLOKI news and market analysis?
You can follow curated crypto news feeds and explore investment ideas shared by a community of traders. Engaging in discussions and reading analysis from multiple sources can provide a more rounded view of the market dynamics affecting FLOKI.
Are there tools to compare FLOKI with other cryptocurrencies?
Yes, you can use cryptocurrency screeners and heat maps to compare the performance of FLOKI against other digital assets. These tools help visualize gainers, losers, and overall market momentum across the entire crypto sector.