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The FLOKI token price is down by 1.38% in the past 24 hours and was trading at $0.0000352 at press time.
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Floki price technical analysis shows the formation of a descending triangle pattern over the daily chart.
FLOKI is a cryptocurrency inspired by Elon Musk’s Shiba Inu dog and the Shiba Inu (SHIB) community. It has four main projects: Valhalla, the game metaverse; FlokiFi, DeFi product range; FlokiPlaces is an NFT and commodity marketplace; and Floki University, a content education platform.
It aims to be a community-based and socially engaged token that works with other crypto projects. Floki is compatible with both Ethereum and Binance Smart Chain, which uses consensus mechanisms between the two popular blockchains.
The FLOKI/USD daily chart shows a short term correction. The price has been correcting, suffering rejection from an upper trendline resistance. The daily chart showcases the formation of a descending triangle pattern.
The pri
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