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Additionally, Floki ’s supply held by whales has surged from 7.47 trillion to 7.79 trillion over the past two weeks. This reflects accumulation behavior from whales, as they buy when prices are low and sell when prices rise. Finally, Floki’s MVRV Ratio has dropped to 2.51, signaling undervaluation concerns. When the MVRV ratio reaches this level, it indicates a buying opportunity where investors can acquire the memecoin cheaply. Historically, Floki has reversed to the upside when the MVRV drops below 2.5 and peaks when it hits 4.2. This suggests that the memecoin could see a trend reversal to an uptrend. Realistic or not, here’s >FLOKI’s market cap in BTC ’s terms Even though whales were actively buying the memecoin, its price has continued to decline. At the time of writing, Floki was trading at $0.0001646, marking a 4.29% drop on daily charts and extending a month-long bearish trend. Although whale accumulation is yet to reflect on Floki’s price charts, it positions the memecoin for a potential recovery. If whales hold and continue buying, Floki could recover and reclaim $0.00018. However, if the current trend persists, the memecoin could dip to $0.00015.$FLOKI $AIXBT