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FLOKI price forecast: how will the Huobi Global listing impact the value of the Floki Inu token?

By: Invezz
Floki Inu (FLOKI) coin

Floki Inu FLOKI/USD is a community project which aims to become a full DAO, and it is both actively run as well as led by members of the community.

The community behind Floki Inu is vast, and the community goes by the title of #FlokiVikings.

The Huobi Global listing as a catalyst for growth

Through an official announcement made by Huobi Global on Twitter on March 2, 2022, we got a confirmation that there was a new listing of the FLOKI token.

Specifically, it was scheduled to launch in the Pioneer Zone, and FLOKI deposits opened at 04:00 (UTC) on March 2.

The FLOKI spot trading (FLOKI/USDT) will open when the deposit volume meets the demand of market trading; something Huobi Global will officially announce in advance.

Interestingly, the spike in the value of FLOKI also comes despite the fact that the U.K.’s Advertising Standards Authority (ASA) has prohibited an ad promoting Floki Inu (FLOKI). 

According to the advertising watchdog, the meme coin’s promotional content was “irresponsible” and featured the tagline “Missed DOGE? Get Floki”.

This gives us an indication that the community behind Floki Inu is extremely strong and passionate and that even the London advertisements ban cannot stop its growth.

Alongside all of this, Floki Inu Joined hands with TechTree as a means of launching Floki University. 

Should you buy Floki Inu (FLOKI)?

On March 2, 2022, Floki Inu (FLOKI) had a value of $0.00004429.

In order for us to get an indication as to what kind of value point this is for the FLOKI token, we will be going over it’s all-time high point of value and discussing the performance the token showcased throughout the previous month.

The all-time high value of the Floki Inu (FLOKI) token was on November 4, 2021, when the token reached a value of $0.00033651. This indicates that at its ATH point of value, the token was $0.00029222 higher in value or by 659.79%.

When we go over the performance of the token throughout the previous month, Floki Inu (FLOKI) had its highest point of value on February 7, when it reached $0.00006143.

The lowest point of value for the token was on February 24, when it decreased to a value of $0.00002608.

This indicates that from the span of February 7 to February 24, the token decreased in value by $0.00003535 or by 57%.

However, from February 24 to March 2, the token increased in value by $0.00001821 or by 70%.

With this in mind, we can expect the FLOKI token to reach a value of $0.00008 by the end of March, making it a solid token to buy.

The post FLOKI price forecast: how will the Huobi Global listing impact the value of the Floki Inu token? appeared first on Invezz.

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