🔸️Analysis of FOLKS Coin 🔸️
👈👈The price of Folks Finance has increased by 50.28% over the past 24 hours, outperforming the overall cryptocurrency market (a decrease of 0.95% in market capitalization). This rise aligns with its increase of 116% over seven days and follows three key developments:
🔶️Roadmap Catalyst: Announcement of the xChain V2 upgrade and incentives worth 15 million USD targeting dominance in decentralized finance across chains.
🔶️Technical Breakout: The Relative Strength Index (RSI) at 69.5 indicates strong upward momentum, but warns of overbought risks.
Market Position: Strong performance despite prevailing concerns in the sector (CMC Fear and Greed Index: 27).
$FOLKS $BAS $H
HUSDT
Perp
0.06842
-6.89%
BASUSDT
Perp
0.006925
-0.38%
FOLKSUSDT
Perp
23.56
-12.19%
