Is Floki’s rally built on solid demand or speculative hype? Assessing…

FLOKI has seen a remarkable 1700% surge in whale transactions, with open interest rising by 30.73% and current trading at 0.0001045 USD, a jump of 11.03%.

Increased development activity indicates potential upgrades for FLOKI. The MVRV Z-score suggests average holders are profiting, creating concerns for profit-taking in the near term.

With technical targets set near 0.00011583 USD, FLOKI’s sustainability relies on continued demand to prevent potential corrections in price.

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