Binance TR listed FlokiInu and here's what followed later
However, the scenario turned out to be different this time, as FLOKI’s response was not on par. The memecoin failed to paint its chart green; rather, its price dropped., FLOKI’s price plummeted by more than 8% in the last 24 hours. At the time of writing, Floki Inu was trading at $0.00003014 with a market capitalization of over $293 million, making it the 105th largest crypto by market cap.What raised alarms was a massive surge in FLOKI’s trading volume while its price plummeted.
’s 24-hour trading volume had increased by over 30%, which legitimized the downtrend. This was also accompanied by a surge in negative sentiment, which was a negative signal.Moreover, the memecoin’s daily active addresses registered a considerable decline over the last week. Its network growth also sank, suggesting that only a few addresses were transferring the memecoin.A look at FLOKI’s daily chart pointed out quite a few indicators that might have contributed to this downtrend.
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