Floki Inu (FLOKI) is one of the many dog-meme cryptocurrencies (like Shiba Inu and Dogecoin) inspired by Tesla CEO Elon Musk. It first came into the market in the summer of 2021, following the news that Tesla's founder bought a Shiba Inu dog and called it Floki. Although the token's creators are anonymous, the new cryptocurrency has attracted many devotees. The token promises quite a lot, but how has it behaved since its release, and what are Floki Inu (FLOKI) price predictions for 2023 and beyond? Let's discuss the token's fundamentals and check future predictions for Floki Inu.

What is Floki Inu (FLOKI)?

Floki Inu (FLOKI) is a dog-themed meme token. It's an ERC-20 token based on the Ethereum blockchain. As stated in the project's whitepaper, FLOKI "is not a meme coin. IT'S A MOVEMENT. A new cryptocurrency birthed by fans and members of the Shiba Inu community." 

On 25 June 2021, Elon Musk shared a tweet: "My Shiba Inu will be named Floki." This is where the token's name originates. 

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Floki Inu is described as a people's cryptocurrency with a strong meme culture. FLOKI's ideas lay the foundation for the three major pillars: The Meme, Utility and Charitability. Let's discuss the token's pillars in detail.

• The Meme is generally considered to appeal to everyone, regardless of people's age, gender or financial status. 
• Utility lays the fundamentals for the crypto project, encompassing three major utility projects:
  • Vanilla bridges the gap between people and cryptocurrency through the use of the Pay-to-Earn NFT gaming metaverse. FLOKI lets people explore cryptocurrency and blockchain technology by playing NFT games and getting paid, which is a bonus earned from playing.
  • FlokiPlaces facilitates buying physical products with cryptocurrency. The FLOKI token is used as the core payment mode. Investors can use Curate's NFT marketplace to shop from over 1,700 online stores.
  • Floki University is "the premier cryptocurrency education platform" launched to increase cryptocurrency and blockchain understanding.

• Charitability plays a crucial role in the aim of the FLOKI token to "cross through divides, race, and borders to help make life easier for the average Joe."

The project's mission is to build at least one school on every continent. FLOKI has already partnered with Pencils of Promise and the Million Gardens Movement. They've commissioned Pencils of Promise to start building a school in Ghana. 

FLOKI History

Floki Inu (FLOKI) was launched on the Ethereum blockchain in the summer of 2021. The meme token is now available on the Binance Smart Chain (BSC). While the token's creators are anonymous, according to the whitepaper, the development team consists of some top cryptocurrency influencers, including BPeta, Byte Capital, Sabre, MrBrown Whale and Jackie Xu.

FLOKI is a new token that's been on the market for only a year. Still, it didn't stop the project from partnering with big companies to provide utility to the token holders. For example, FLOKI has partnered with the EPay platform to let the token holders make purchases from the Floki marketplace.

Floki Inu Whitepaper

According to the whitepaper, the "Floki ecosystem is a community-powered ecosystem that aims to give people control of their finances through four key utility offerings," namely the Valhalla NFT Metaverse Game, the Floki University Crypto Education platform, DeFi and

FlokiPlaces.

The Floki Inu whitepaper describes Floki University as "FLOKI's attempt to fill the crypto education gap for the next billion users that will be discovering crypto in the coming years – all while creating awareness for the FLOKI token."

The FLOKI token is available on the Ethereum and Binance Smart Chain blockchains. "Each blockchain FLOKI has the strong points that allow the FLOKI ecosystem to thrive."

Floki Inu Features

Before discussing FLOKI token price predictions, let's consider the main features of the project. 

• Multi-Chain Protocol. FLOKI is hosted on two blockchains, providing both ETH and BSC communities with access to the meme token. Token holders are granted a 1:1 swap through the ETH-BSC bridge, excluding any transactions during the bridging process.
• Focus on marketing. During every FLOKI trade, holders are charged a small fee that goes directly to the project's marketing and development teams. The funds help onboard influencers, pay for donations and release new updates to the Floki Inu ecosystem. The project's monthly marketing budget is more than $2 million, which is enough for running such aggressive marketing campaigns as keeping the FLOKI logo on 300 buses in London or locking down Times Square for 3.5 months.
• There are multiple NFT portals inside the Floki Inu (FLOKI) ecosystem, including Floki Diamond-Hands NFT Portal, Floki Inu Ruby NFT Portal and Flokitar. Each NFT portal has a collection of Floki NFTs by connecting a wallet and placing a bid. 
• FLOKI holders can earn rewards for holding tokens. On the BSC and ETH blockchains, users can earn a 4% reward whenever anyone swaps tokens on a crypto exchange. FLOKI is a hyper-deflationary token, meaning that rewards for Floki holders rise with the increase in the size of the burn wallet.
• Unlike other meme coins, FLOKI has real-world usage. The project's partnership with CryptoCart (CC) allows FLOKI holders to purchase items at 1,500+ stores.

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Floki Inu (FLOKI) Price Analysis

At the time of writing this Floki Inu (FLOKI) price prediction on 23 April 2023, FLOKI's price was $0.0.000028, with a daily trading volume of $11,895,918. The token ranked #122 on CoinMarketCap, with a market cap of $274,448,730. The total circulating supply is 9,711,068,798,164 FLOKI.

Floki Inu (FLOKI) price statistics (as of 23/04/23)

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FLOKI price history

On the launch day (10 July 2021), the FLOKI token was worth $0.00000361. The token's price didn't change until the cryptocurrency crash on 19 July 2021. On 30 July 2021, the FLOKI token's price rose to $0.00000594.

The token's price was worth $0.00001686 on 12 September 2021, but it closed the day at $0.00003663 (a 117% rise). On 16 September 2021, FLOKI reached a high of $0.00007023. 

The token's price continued to grow in October. Thus, on 27 October 2021, the price increased from $0.00005621 to $0.0001066. On 4 November 2021, FLOKI Inu (FLOKI) hit an all-time high of $0.0003437, followed by the token's new price drop. However, the news of partnerships and sponsorships helped the token's price rise again in November 2021.

The FLOKI token's price surged by more than 14% on 1 December 2021, following the announcement that Floki would be the first cryptocurrency to advertise Dubai's Burj Khalifa building on 3 December at 8:40 PM local time. However, after trending on Twitter for days, Floki Inu crashed and closed the year at $0.0001.

The downward trend continued in 2022, when FLOKI fell to a low of $0.0000056 on 18 June 2022, in line with the wider crypto crash. 

The meme token slightly recovered on 27 October 2022, when its price reached $0.0000074. FLOKI's price continued to rise while Musk was preparing to complete his $44 billion takeover of Twitter. 

The FLOKI market experienced a significant setback in November 2022 when the FTX (FTT) exchange collapsed. As a result, the token's value plummeted again, hitting a low of $0.000007307 on 19 November 2022. The token struggled to recover throughout the rest of the year and ultimately closed the year at $0.000008148, which reflects a massive loss of over 90% in its value compared to the beginning of the year.

So far, 2023 has been quite promising for FLOKI, with the token experiencing a significant surge in value. The boost in value can be attributed to a couple of factors, such as Elon Musk's recent quip of dubbing his pet dog as the "CEO of Twitter" and the availability of FLOKI on the KuCoin crypto exchange. These factors helped the token reach an all-time high of $0.00006684 on 16 February 2023.

However, the token's value has slightly decreased since then, and as of 7 March 2023, the value of one FLOKI was approximately $0.000045. At that time, approximately 8.9 trillion FLOKI tokens were in circulation out of a total supply of 9.9 trillion. This translated to a market capitalisation of around $401 million, ranking it as the 95th largest cryptocurrency based on this metric.

It remains to be seen how FLOKI will perform in the future, as the cryptocurrency market is highly volatile and subject to rapid changes. Nonetheless, the recent positive developments surrounding the token have piqued the interest of many investors, and FLOKI could attract more attention in the future.

FLOKI technical analysis

As of 23 April 2023, the general market sentiment towards Floki Inu was bearish. Technical analysis indicators showed that 7 signals were indicating bullish, while 18 signals were signalling bearish. Despite this, Floki Inu's trading value was above the 200-day simple moving average (SMA), which was signalling a BUY trend since 13 January 2023.

Moreover, the token's value was trading above the 50-day SMA, and this indicator was signalling a BUY trend since 18 April 2023. 

The Relative Strength Index (RSI) momentum oscillator is another popular indicator that shows whether a cryptocurrency is oversold (below 30) or overbought (above 70). As of 23 April 2023, the RSI value was 40.37, indicating that the FLOKI market was neutral.

Is the Floki Inu coin a good investment?

FLOKi might be a good investment, especially considering how well it has performed since its launch and its diluted market cap of more than $100 million.

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Floki Inu price prediction2023-2030

Before we discuss price predictions for Floki Inu (FLOKI) from different analysts and platforms, it's worth pointing out that all forecasts can only be useful as a reference. Mind that such forecasts can be wrong because the predictions are based on the token's past performance. They do not consider such external factors as market volatility because it's difficult to predict the cryptocurrency's market performance in the future.

With that said, let's check out some FLOKI price predictions

WalletInvestor FLOKI price prediction for 2023, 2025 and 2030

According to WalletInvestor's FLOKI price prediction, the outlook for the token over the next 12 months is not optimistic. The prediction suggests that the token's value could plummet to as low as $0.000000376 by 7 March 2024.

The token should close the year 2025 at the $0.000000091 mark. The Floki Inu price prediction for 2027 is $0.000000093 on average.

PricePrediction FLOKI token price prediction for 2023, 2025 and 2030

PricePrediction has made a FLOKI price prediction, suggesting that the meme token could reach $0.0000092 by the end of this year and $0.00002 in 2025. Additionally, their FLOKI Inu price prediction for 2030 is quite optimistic, with an average price estimate of $0.0001346.

CoinCodex FLOKI Inu price prediction for 2023, 2025 and 2030

CoinCodex's FLOKI Inu price prediction suggests that the token's value is expected to decline by 10.90% to reach $ 0.00002518 by 28 April 2023. However, the prediction also indicates a more optimistic outlook for the year 2026, with an estimated FLOKI price of $ 0.000389.

DigitalCoinPrice FLOKI crypto price prediction for 2023, 2025 and 2030

DigitalCoinPrice's FLOKI Inu crypto price prediction is notably more optimistic. According to the site, the token could reach $0.0000875 this year, while its prediction for 2025 suggests an average price of $0.000154. Furthermore, the site suggests that by the beginning of the next decade, FLOKI Inu could potentially achieve a price of $0.000465.

Gov Capital FLOKI price prediction for 2023, 2025 and 2030

Gov Capital focuses on providing short-term price predictions for Floki Inu. According to the site, the token should be worth $5.33 by the end of 2023.

Floki Inu's future forecast in general

Opinions about the Floki Inu future differ. As you can see from the FLOKI price predictions we've highlighted in this article, DigitalCoinPrice has the most optimistic forecast. The site predicts the token's price could reach a value of $0.000465 by 2031. Other sites claim the meme token is reliant on hype caused by the name of its creator. Some other sources list it as a dead coin.

How high can the FLOKI coin go?

Most analysts agree that the Floki Inu (FLOKI) token's price won't rise higher than $1 in a year or five. 

FLOKI price prediction today

On 23 April 2023, Floki Inu's price was $0.0.000028, having corrected massively throughout early 2023. The token could be a good investment for the future due to its upcoming NFT marketplace release and metaverse-based games. 

As it stands, it makes sense to do your research before investing in any cryptocurrency. Floki Inu (FLOKI) price predictions are not genuine representations of the token's future price. Mind the market conditions and research before you buy. Remember that you should never invest more than you can afford to lose.

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