$FOLKS just put on a wild crypto rollercoaster after exploding to a jaw-dropping $50+ peak, price violently corrected and now stabilizes around $5.38, still up +13% on the day, showing serious volatility and attention; with a $65.6M market cap, $2.87M on-chain liquidity, 1,867 holders, and a hefty $269M FDV, this move screams classic hype spike → profit-taking → consolidation, while the chart shows price crashing below short MAs and now hovering near support after bottoming around $3.83, meaning momentum cooled fast but eyes are locked in for what happens next
either a dead bounce or the calm before another storm
FOLKSUSDT
Perp
5.148
+1.31%