In 2021, cryptocurrencies have gained attention like never before. The attention given from the mainstream media was understandable since the crypto market did wonders during early 2021; however, even influencers joined in the hype. The hype around cryptocurrencies began building up in late-2017 and early-2018, around the time when Bitcoin hit $14,000. However, as soon as the crypto market got bearish, most of the hype died down.
The current market is looking quite similar to the market of the 2017-2018 period. However, this time the hype only grew bigger after Bitcoin’s price plunged by 54%. It took Bitcoin only a few months to recover and break its all-time high once again, reaching $66,930 on the 20th of October. This price movement of Bitcoin attracted the attention of nearly everyone, causing the cryptocurrency market to grow even further.
Because the cryptocurrency market is young and not as big as major markets, influencers and speculative news have more impact on it. That being said, numerous influencers have affected the market hugely. Yet, not all of these influencers did this on purpose. For example, Lionel Messi launched his own Non-Fungible Token (NFT) collection in Ethernity. Consequently, the price of Ethernity increased by 60%. Moreover, the Paris Saint-Germain Football Club paid half of the transfer cost for Messi in PSG Fan Token – a crypto token made by the PSG Football Club. Similar to the previously mentioned occurrence, this caused the price of the token to increase by 122%.
One of the latest crypto tokens that have been influenced by such tweets is Floki Inu. Throughout this article, we will try to explain what Floki Inu is and how its price has moved throughout the months. Moreover, we will present our price prediction for Floki Inu.
Floki Inu (FLOKI) Fundamental Analysis
First off, let us take a look at how Floki Inu came to be. Floki Inu is a token launched on both the Ethereum blockchain and the Binance Smart Chain (BSC), making it an ERC-20 and BSC-20 token simultaneously. This is possible because of the Floki Bridge, through which you can also send FLOKI through both networks. You can find this bridge on their website. All you have to do is connect your wallet and you are good to go. The token made its debut on the 10th of July, following the tweet of Elon Musk regarding the name of his Shiba Inu puppy which is Floki.
My Shiba Inu will be named Floki
— Elon Musk (@elonmusk) June 25, 2021
According to the Floki Inu team, the locked liquidity on both BSC and ETH contracts is sufficient for smooth transactions for more than 265 years. The name Floki is a reference to both the Shiba Inu puppy of Elon Musk and one of the famous Vikings TV Show characters, Floki. Therefore, the Floki community members are known as the Floki Vikings. Until today, Floki Inu has more than 145,000 holders. Their Roadmap claims that the team is working on developing numerous DAapps, such as Play-to-Earn games and an NFT marketplace named FlokiPlaces.
The biggest achievement of Floki Inu is their partnership with Elon Musk’s brother, Kimbal Musk. Kimbal is the Co-Founder of the Million Gardens Movement – a movement that focuses on increasing gardening areas. The Million Gardens Movement and Floki Inu have announced that they will work together towards ensuring sustainable food income for families who face food insecurity around the world.
Floki Inu CMC Rank
Floki Inu is one of the youngest meme-coins out there. That and the things mentioned above make it a token with serious potential. Moreover, Floki Inu is a low-cap token, being ranked as the #2743 token in CoinMarketCap. However, speculative news and tweets can easily influence Floki Inu – so please invest at your own risk. On the other hand, this volatility can leave people with huge profits – especially traders.
Elon Musk’s Influence on the Crypto Market
Despite the above-mentioned examples, Lionel Messi is nothing compared to Elon Musk when it comes to influencing the cryptocurrency market. Through his tweets, Elon Musk has caused Dogecoin and Shiba Inu to experience great increases. Even though not all of his tweets are related to these crypto projects, people were still connecting them to the crypto market one way or the other. This served as an incentive for them to invest.
Earlier, we mentioned the influence of Elon Musk on other crypto projects through his tweets. Floki Inu has recently become one of them and its price moves as he tweets.
Floki Frunkpuppy pic.twitter.com/xAr8T0Jfdf
— Elon Musk (@elonmusk) October 4, 2021
Floki Inu (FLOKI) Price Analysis
According to CoinMarketCap, Floki Inu joined the market in early July 2021 with a price of $0.0000041. Only one week after its launch, the token lost more than 50% of its value, plunging to a trading value of $0.0000015. After recovering, the token kept bouncing between $0.000003-$0.000007 until the end of August.
On the 29th of August, Floki Inu surpassed the milestone of $0.00001. This increase hyped the Floki Vikings, which caused its price to go even higher. On the second day of September, Floki Inu set a new all-time high of $0.000022. Yet, its price fell down to $0.000015, and later it built a support zone around $0.000012.
On the 13th of September, Elon Musk tweeted a picture of his brand new Shiba Inu puppy named Floki. Immediately after his tweet, Floki Inu skyrocketed. Only 7 hours after Elon tweeted, the trading value of FLOKI had reached $0.000033. This hype continued throughout the week, leaving Floki Inu with a new all-time high of $0.000065 by the 16th of September. As expected, the price of this token fell to $0.000026 after the hype died down – which was still 45% higher than when the hype started.
Floki has arrived pic.twitter.com/2MiUKb91FT
— Elon Musk (@elonmusk) September 12, 2021
Floki Inu recovered shortly after the dip, and continued its uptrend throughout the weeks, setting new all-time highs along the way. On the 4th of October, Floki Inu set an all-time high by hitting $0.000072. Only after one week, it set another all-time high by hitting $0.000073. To wrap it up, on the 13th of October, this token set its current all-time high by surpassing $0.000081.
Floki Inu Price
At the time of writing, FLOKI is trading at $0.000056 and has a trading volume of $11.4 million. This token has a market capitalization of $525.8 million and a maximum supply of 10 trillion tokens. This is only a fraction of the maximum supply of other meme-coins like Shiba Inu and SafeMoon.
Crypto Academy Floki Inu (FLOKI) Price Prediction 2022
As for us at Crypto Academy, Floki Inu has a bright future. After doing thorough research on Floki Inu, its market, and its roadmap, we have come up with a price forecast. We must note that this price forecast is based on both technical and fundamental analysis. However, we tend to focus on fundamental analysis when it comes to low-cap tokens.
Floki Inu (FLOKI) Price Prediction January 2022:
The year 2022 started with red all over the cryptocurrency market. The charts were indicating an incoming crypto winter. However, the market is currently giving mixed signals when it comes to what will happen in the short term. By the end of January, the price of Floki Inu could grow and go and hit a trading value of $0.00009.
Floki Inu (FLOKI) Price Forecast February 2022:
After ending the year on a high note, Floki Inu is likely to continue its growth in February as well. The token could have a monthly high of $0.00019 and a monthly low of $0.00009. However, we believe that Floki Inu is likely to end the month of February with a trading value of $0.00012. You should keep in mind that the price performance of Floki Inu is heavily affected by the movement of Bitcoin.
Floki Inu (FLOKI) Price Prediction March 2022:
March indicates the end of the 1st quarter of the year. Usually, this month is bullish for cryptocurrencies. When it comes to Floki Inu, the same can be said. In March 2022, Floki Inu could set a new all-time high of $0.00038. Nevertheless, this token could go back to trading at $0.00024 by the end of the month.
Floki Inu (FLOKI) Price Forecast April 2022:
As the 2nd quarter of the year begins, Floki Inu might begin a downtrend. Before beginning this downtrend, however, Floki Inu could spike once more, possibly hitting a trading value of $0.00035. Afterward, this token could begin losing value and might end the month with a trading value of $0.00022.
Floki Inu (FLOKI) Price Prediction May 2022:
Last year, memecoins experienced huge growth in May. During May 2021, Dogecoin skyrocketed and flipped cryptocurrencies such as Cardano, Ripple, and Polygon. This does not mean that this will happen in 2022 too, though. By the end of May 2022, Floki Inu is likely to be trading at a price of $0.00025. The monthly low of May could be as low as $0.00020.
Floki Inu (FLOKI) Price Forecast June 2022:
Similar to May, June might be slightly bearish for Floki Inu. June is known for not being a good month for the cryptocurrency market since the beginning of this industry. By the end of June, Floki Inu may reach a minimum of $0.00021 and a maximum of $0.00025.
Floki Inu (FLOKI) Price Prediction July 2022:
If Floki Inu releases the planned NFTs by July 2022, then their price might receive a little boost. However, our forecast shows Floki Inu sitting at a price between $0.00020-$0.00024 throughout the whole month of July. This may result in Floki Inu ending the month of July with a trading value of $0.00023.
Floki Inu (FLOKI) Price Forecast August 2022:
The 3rd quarter of the year could be the period of time that the market uses to recover from corrections that occur during the 1st and 2nd quarters of the year. Our forecast shows a bear-dominated August, however. In August, Floki Inu could go as low as $0.00018. Following this trend, Floki Inu may end the month of August with a trading value of $0.00019.
Floki Inu (FLOKI) Price Prediction September 2022:
September is likely to be similar to August when it comes to price movements. Floki Inu is expected to enter the month of September with a price between $0.00018-$0.00020 and end it trading at $0.00021. The last week of September may be more bullish for Floki Inu. This could also mark the beginning of a bull run for Floki Inu.
Floki Inu (FLOKI) Price Forecast October 2022:
As stated above, Floki Inu could enter the 4th and last quarter of 2022 on a bullish note. This may result in Floki Inu reaching a price of $0.00027 by the end of October. However, if Bitcoin’s and Ethereum’s market dominance increase by then, Floki Inu may end the month of October with a trading value between $0.00022-$0.00025.
Floki Inu (FLOKI) Price Prediction November 2022:
In November, Floki Inu could reach a high of $0.00033. If Floki Inu gets the attention it got in 2021, the token’s price could go even higher and maybe surpass its yearly high. Our Floki Inu price prediction for November shows the token with a minimum price of $0.00023 and an average price of $0.00031.
Floki Inu (FLOKI) Price Forecast December 2022:
As for December 2022, Floki Inu could experience a small correction and lose a small part of its value. Our forecast shows this token trading between $0.00024-$0.00030 throughout the whole month of December. Floki Inu might end the month of December 2022 with a price of $0.00029.
Floki Inu (FLOKI) Price Prediction 2022 Q1
For Floki Inu, the beginning of 2022 might be even more bullish than 2021. During the first months of 2022, Floki Inu is expected to begin launching the upcoming DApps. We believe that this may have a positive impact on the token’s price. Therefore, our forecast shows Floki Inu hitting a potential price of $0.00038 sometime during February-March 2022.
Floki Inu (FLOKI) Price Prediction 2022 Q2
As for the 2nd quarter of 2022, the token’s price is expected to dip quite a lot. After March 2022, Floki Inu could be trading for as low as $0.00018 per token. After April, the price of Floki Inu could begin to increase again. In May, Floki Inu may reach a trading value of $0.00033 once again. By June, though, Floki Inu is likely to be trading back at $0.00021-$0.00025.
Floki Inu (FLOKI) Price Prediction 2022 Q3
In the 3rd quarter of 2022, Floki Inu’s price could continue to bounce between $0.00021-$0.00025. Understanding how the market of memecoins works, Floki Inu could eventually see a spike in price during the 3rd quarter of 2022. This could leave Floki Inu with a quarterly high of $0.00029. However, if the market fails to break through the resistance levels present, Floki Inu could be left with a price as low as $0.00019.
Floki Inu (FLOKI) Price Prediction 2022 Q4
The 4th quarter of 2022 could be fruitful for Floki Inu holders, but not for all of them. Those who bought at the top might end the year with losses. Although the market tends to get bullish in the 4th quarter of the year, Floki Inu could fail to surpass the yearly high that it is expected to hit in the 1st quarter of 2022. By the end of 2022, Floki Inu is likely to end the year with a price of around $0.00031.
Crypto Academy Floki Inu (FLOKI) Price Prediction 2023, 2024, 2025, 2026
Floki Inu (FLOKI) Price Prediction 2023
The year 2023 is likely to be less volatile for Floki Inu for several reasons. The whole cryptocurrency market is believed to be bearish during the year 2023. Taking that into consideration, Floki Inu may experience a more bearish market than usual. Nevertheless, we believe that Floki Inu might outperform most of the Top 100 cryptocurrencies during this year and become bullish by the end of the year. We believe that this token might hit a trading value of $0.0018 sometime during 2023.
Floki Inu (FLOKI) Price Prediction 2024
After 2023, the cryptocurrency market is believed to begin recovering from somewhat of a “crypto winter”. That being said, 2024 is likely to be more bullish. To add to this, the next Bitcoin halving is going to take place in 2024. Historically, this event has had a positive impact on the whole crypto market performance. Even though the beginning of 2024 might be slow for the token, we believe that Floki Inu may reach a trading value of $0.0043 by the end of December 2024.
Floki Inu (FLOKI) Price Prediction 2025
The market moves in cycles and the next big bull run is expected to occur during 2025. This is some bullish news for the whole cryptocurrency market. Bitcoin is expected to go as high as $500,000-$1,000,000 per coin and the others are sure to follow. When it comes to Floki Inu, we believe that until the year 2025, this token has already accomplished everything stated in its roadmap. Therefore, we believe that the token is likely to reach its full potential. Our forecast for Floki Inu for the year 2025 is $0.01. To reach such value with its current supply, the whole market capitalization of Floki Inu should reach $100 billion. However, though, manual burns may decrease the supply drastically. Such methods can pave the way for Floki Inu to hit such a price.
Floki Inu (FLOKI) Price Prediction 2026
By 2026, the cryptocurrency market could achieve a very high level of adoption. This is likely to have a high impact on how the overall market performs. The high level of adoption could result in smaller price changes, making the market less volatile. This is likely to affect how the price of Floki Inu moves as well. However, though, memecoins are usually way more volatile than other cryptocurrencies and tokens. That being said, Floki Inu could go as high as $0.02 by the end of 2026 if the team of Floki Inu does something about the current supply. If nothing is done regarding the current supply of Floki Inu, then reaching such a price may be impossible.
Floki Inu (FLOKI) Market Price Prediction
The token Floki Inu has not been around for much, but it got the attention of many influencers and crypto enthusiasts. This crypto project has a good background when it comes to becoming a successful crypto project. Despite all the FUD around tokens similar to Floki Inu, people have put their faith in the token because of its utility, price movements, and upcoming products.
Digital Coin Price
Digital Coin Price is a price prediction website that covers nearly every crypto in the market. Recently, they revealed their price prediction for Floki Inu. For the short run, they predict the token to hit $0.000093 by the end of October 2022. Moreover, by the end of December, they expect FLOKI to surpass the $0.0001 milestone, setting a new all-time high. As for the long term, their forecast is not as bullish. They believe that Floki Inu might continue to slowly increase in price. Furthermore, their forecast shows Floki Inu possibly hitting the $0.0002 milestone sometime during the year 2025.
Floki Inu has been mentioned on numerous Youtube channels. Crypto Empire is one of the youngest cryptocurrency Youtubers that has covered this meme-coin. In his video, he briefly explained what Floki Inu is and what it aims to achieve. Firstly, he presented a technical analysis of the token. His technical analysis shows that the token might drop to $0.00005 before continuing its uptrend.
Afterward, he presented his price prediction for the token, saying that Floki Inu has all the elements needed to experience a 10x-20x before the end of 2022. Considering its low market capitalization and its upcoming Play-to-Earn metaverse game, his prediction may be quite accurate. When it comes to the far future, he states that as the Floki Inu ecosystem grows, the likelihood of the token booming is much higher.
How to Buy Floki Inu (FLOKI)?
Step 1: Create an Exchange Account
First, you have to decide whether you want to obtain Floki Inu through a centralized cryptocurrency exchange or through a decentralized cryptocurrency exchange.
- If you decide to buy FLOKI through a decentralized exchange such as PancakeSwap or Uniswap, first you need to create a non-custodial wallet and an account on a centralized exchange. You will need to use the centralized exchange account to buy either Ethereum (ETH) or Binance Coin (BNB) and then use it to buy FLOKI. If you are using Uniswap, you need to use ETH. Yet, if you are using PancakeSwap, you need to use BNB. The best wallet to use for buying Floki Inu is MetaMask. Simply deposit ETH or BNB on MetaMask and you are ready to go.
- However, if you decide to buy this token on a centralized exchange, the first thing to do is to choose which exchange fits you best. After doing so, simply create an account. We recommend you use ZT Exchange or Gate.io because they have the highest trading volume. For this example, we will use Gate.io. All you have to do to create a Gate.io account is to provide your email and set a password. After doing so, you need to verify your email and you are ready to go.
Step 2: Fund Your Account
Funding your account is fairly easy, especially if you are using a cryptocurrency exchange that accepts bank transfers or direct deposits. Again, we recommend you use Gate.io because it provides numerous payment methods. To fund your account in Gate.io, simply go to “Buy Crypto”, enter the amount of US Dollars you want to deposit and choose the payment method.
Step 3: Buy FLOKI
Now that you are all set up, locate “Markets” and search for the FLOKI/USDT market pair. After finding this market pair, simply enter the amount of USD Tether you want to use to buy FLOKI and press “BUY”. After buying Floki Inu, the wisest thing to do is HODL onto it until you make a considerable amount of profit.
Frequently Asked Questions
Where to buy Floki Inu (FLOKI)?
Considering that Floki Inu is a very young token, the number of listings it has achieved until today is acceptable. When it comes to centralized exchanges, this token is listed in ZT Exchange, Gate.io, Poloniex, AOFEX, and HotBit at the time of writing. As for decentralized exchanges, you can buy Floki Inu in Uniswap, PancakeSwap, and 0x Protocol. There is no information on whether FLOKI will be listed in Binance or Coinbase soon, however, the possibility exists.
Is Floki Inu (FLOKI) linked to Shiba Inu (SHIB)?
Not really. Floki Inu is different from Shiba Inu. Even though the teams of both these tokens are anonymous, we believe that they are different. Despite the fact that Floki Inu is built on top of Elon Musk’s Shiba Inu puppy named Floki and the logo similarities of Floki Inu and Shiba Inu, they are very different. Furthermore, the price movements of both tokens are not really similar to one another, making them even more different.
Will Floki Inu (FLOKI) get listed in Binance?
It is hard to say. Binance is extremely strict when it comes to listing cryptocurrencies or tokens. They might have made an exception when it comes to Shiba Inu, however, it is hardly possible that they make this exception twice. Floki Inu joined the market just 4 months ago and has only 145,000 holders, which are rookie numbers when compared to Shiba Inu’s 750,000 holders. So, Floki Inu might get listed in Binance sometime in the future, but it is very unlikely for this token to get listed in Binance this year.
- The cryptocurrency market is a highly speculative market, making it very volatile when compared to other markets.
- This is expected to change as the cryptocurrency market grows.
- Floki Inu is a crypto project inspired by Elon Musk’s Shiba Inu dog whose name is Floki.
- This crypto token entered the market in early July.
- They aim to launch their own DApps, including a Play-to-Earn game and an NFT marketplace.
- Floki Inu has partnered with the brother of Elon Musk, Kimbal Musk. They are helping his charity “Million Gardens Movement”.
- All in all, we believe that Floki Inu might hit $0.01 sometime during 2025.