$FOLKS In recent days, it has shown a dramatic fluctuation in the market, first surging and then plummeting:

1. December 14: The price surged to a historical high of $46.998 (other data shows $48.86), with a single-day increase of over 168%, followed by a rapid decline.

2. December 15: The downward trend continued, with a drop of 36.13% within 24 hours, bringing the price down to about $28.15.

3. December 16: The decline further expanded, with the latest price reported at $14.407, a drop of over 70% from the recent high, and a 24-hour decline of 43.05%.

From a technical perspective, the MACD histogram remains negative, and the KDJ indicator shows a downward trend, with significant selling pressure in the market.

FOLKSUSDT

Perp

10.61

-29.92%