Whales Didn’t Miss The Opportunity And This Meme Got The Coin From The Bottom!

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Market traders with deep pockets, popular meme coin of FLOKI he is not interested in the volatile price action he has been experiencing lately and continues to buy more coins.

Floki Inu (FLOKI) price has lost more than 20% in the last 24 hours. This drop came after gaining a lot of momentum over the past few days. While meme coin FLOKI’s recent pullback may have raised concerns in some trading communities, major cryptocurrency market players, also known as whales, don’t seem to be bothered by the recent price action.

WhaleStats, the tracking platform that tracks the largest wallets on Ethereum, BSC and several other blockchains, revealed earlier this morning some information on the transactions of the 100 largest Ethereum (ETH) whales. shared. According to the data, the top 100 Ethereum investors have been actively buying FLOKI in the past twenty-four hours. Meme coin is among the top 10 most bought tokens among the top 100 Ethereum whales in the last 24 hours.

Additionally, Floki surpassed GMT as the most traded token among the top 500 BSC whales. According to data provided by WhaleStats, the token briefly outperformed DOGE, SHIB, and GMT in the top-traded category.

Whale buying is generally considered a positive sign for an asset, as large traders and investors control prices in the market and have the ability to change the direction of the trend.

Finally, according to information from CoinMarketCap, at press time, FLOKI is trading at $0.00004763. Accordingly, the meme coin price has lost more than 20% in the last 24 hours. Despite this, the value of the meme coin increased by more than 114% compared to the previous week.

You can check the price movements here.


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