LOFI Surge Nearly 200% Today Breaking Out of A Falling Wedge The price of Lofi saw an uptick of almost 200% despite albeit the crypto market was consolidating, breaking out of a falling wedge pattern.
$LOFI, a memecoin created on the Sui ecosystem has been on a prolong falling wedge pattern that led to the token losing about 93% of market value. However, in a turn of events today, $LOFI surge nearly 200% today going against market odds.
As of the time of writing, $LOFI is up 55% for the past 24 hours with momentum brewing as hinted by the RSI at 88. The relative strength index shows $LOFI is oversold, meaning we might experience a slide cool off before another leg-up.
About Lofi
LOFI leverages the Sui blockchain to build a thriving ecosystem focused on content, community, and collaboration. Committed to environmental and social causes, $LOFI merges blockchain technology with real-world impact, aiming to clean Earth’s water sources and reduce ocean plastic while fostering a decentralized economy.
LOFI Price Data
The LOFI price today is $0.024751 USD with a 24-hour trading volume of $4,981,833 USD. LOFI is up 53.48% in the last 24 hours. The current CoinMarketCap ranking is #696, with a market cap of $24,750,635 USD. It has a circulating supply of 1,000,000,000 LOFI coins and a max. supply of 1,000,000,000 LOFI coins.
