The question here is
If you had bought FLOKI at $100 when it first dropped, what would have happened now?
The initial drop was in 2022 at a price of 0.00013547 for the coin.
You would have had 738 coins from the start, and now you would be looking at an 80% loss of your capital with its current price at 0.0002592.
If you had sold at its peak price of 0.0002878 in 2024, your capital would have been $212 at that time.
It's a strong meme coin but not as solid as a currency considering its market cap is $106 million.
Its project is very well-known compared to many other coins.
The risk here is quite high.
It's suitable if you're looking to trade it short-term, but as a long-term investment, it may not be suitable for everyone.
The risk level is high, similar to many other coins.
As a speculative asset, it's very attractive.
#floki