Floki (Floki) Is Releasing A New Cryptocurrency: It's Reaching New Heights!
- Posted on October 27, 2023 5:19 PM
- Cryipto News
- 178 Views
Floki's (FLOKI) value soared to new heights with the announcement of a new cryptocurrency called TokenFi. The popular memecoin Floki has been quite active in October. Floki, in particular, managed to excite its community by effectively using social media channels. Previously, Floki had hinted at a mysterious date, October 27, 2023. The memecoin announced that a new cryptocurrency would be introduced on this date. The news had a significant impact, and FLOKI's price increased by 66% in just two days.
Floki (FLOKI) on the rise: New cryptocurrency coming
Floki (FLOKI) released a video on October 20, indicating October 27, 2023, as the date to watch. Since October 20, FLOKI has been on the rise, and after revealing the mysterious date, it reached new highs. Floki stated that it would launch a cryptocurrency called TokenFi, and this cryptocurrency is set to hit the market on October 27, 2023. TokenFi will be available for trading on Uniswap and PancakeSwap, decentralized crypto exchanges. These announcements on October 25 almost doubled FLOKI's price.
As a result of the news, FLOKI surged from $0.00002550 to $0.00004255 in just two days. With this rapid increase, FLOKI claimed the top spot among the most rapidly rising cryptocurrencies in recent days. In addition, it was announced that FLOKI holders can earn TokenFi by staking their tokens. Staking FLOKI tokens and increasing demand further fueled the price surge.
If FLOKI can maintain its momentum, it may target $0.000054 in its bull run. This level stands out as the highest price point on May 5, 2023. Potential resistance levels for FLOKI on this journey include $0.00004185, $0.00004447, and $0.00004747.
As long as the TokenFi effect continues, a strong downturn for FLOKI doesn't seem likely. However, in the event of a possible decrease, FLOKI could test $0.00003660. If this level is breached, FLOKI's price could retreat to $0.00003266.