$FLOCK Surges 72% After Bithumb and Upbit Listing

The crypto realm has recently beheld a stunning development with the meteoric rise of $FLOCK, the decentralized AI collaboration entity Flock.io’s native token. As per CoinMarketCap, $FLOCK has spiked by 72.32% during the past twenty-four hours, attaining the $0.20 $USDT after the South Korean crypto exchanges Upbit and Bithumb have listed it.  This huge price jump has gained widespread community attention.

Bithumb and Upbit List $FLOCK, Raising Token’s Price by 72%

On the 30th of May, the popular cryptocurrency exchanges Upbit as well as Bithumb listed $FLOCK, skyrocketing its price to $0.20 $USDT. Particularly, the listing boosted the institutional and retail interest in $FLOCK to trigger the respective price rally. In addition to this, the crypto token’s volume also recorded a sheer spike.

Amid the continuous growth, $FLOCK even surpassed Ethereum ($ETH) in terms of trading volume on the above-mentioned exchanges. This reflects a robust appetite for substantial exposure to diverse AI-integrated cryptocurrency projects.

Market onlookers consider this development an indication of a resilient bullish momentum. At the moment, the popular crypto token is changing hands at $0.2056. This indicates a significant increase of almost 79.37% over 24 hours.

Along with that, the seven-day price performance of $FLOCK indicates a 125.04% rise. Apart from that, when it comes to the 1-month price trajectory, $FLOCK has recorded a stunning 142.05% upsurge.

$FLOCK Shows Potential for Further Growth Amid Rising Market Optimism

Simultaneously, the Composite Relative Strength Index (CRSI) of $FLOCK is now moving within the overbought zone at 99 points. This indicates $FLOCK might soon go through a slight consolidation or pullback. Nevertheless, irrespective of this caution, the token’s overall sentiment remains positive to a great extent.

In line with the latest statistics, its crucial support level stands within the $0.13-$0.14 range. Along with that, the key resistance level of $FLOCK is $0.233. Keeping this in view, there is a possibility for the traders to start taking profits. However, in the case of the maintenance and expansion of $FLOCK’s usage, it has the potential to see another price upsurge following the recent market rally.