Floki (CRYPTO: FLOKI) has been in a prolonged downtrend, leading traders to question whether market makers or retail investors are behind the bearish price action.
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| Floki (CRYPTO: FLOKI) | $0.00009245 | $888.9 million | -5.3% | -6.7% |
| Bonk (CRYPTO: BONK) | $0.00001754 | $1.35 billion | -4.5% | -5.5% |
| SPX6900 (CRYPTO: SPX) | $0.7209 | $671.2 million | -7.6% | -7.8% |
Trader Notes: Trader Master Kenobi noted that FLOKI has erased all gains from the past year, with market makers aggressively extracting liquidity.
Unlike Dogecoin, FLOKI never saw a true bull market, …
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