Global #Floki Inu [FLOKI]

The open interest in futures contracts for the dog-themed memecoin Floki Inu (FLOKI) has surged to its highest level in the past 30 days. Coinglass data reveals that it currently stands at $19 million, marking a significant 111% increase since the start of May.

The past few days have seen severe losses for the memecoin industry as several well-known memecoins have experienced losses of over 20%. But as at the time of publication, it seemed that things were gradually improving and that sales were increasing.