What is Folks Finance?

Folks Finance (FOLKS) is an altcoin currently ranked 443rd by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $2.16, Folks Finance carries a market capitalization of $36.06M. Daily trading volume across exchanges sits at roughly $3.78M. That works out to a 24-hour turnover of about 10.48% of the float — elevated turnover, often a signal of active narrative-driven trading.

Price action across timeframes

Over the past 24 hours, Folks Finance has moved +19.14%; over the past week, Folks Finance has moved +62.76%.

Cycle position

Folks Finance is currently trading far below its all-time high (all-time high of $49.24, -95.6% from peak). .

Supply & dilution

The maximum supply is capped at 50,000,000 FOLKS — a hard limit on total dilution.

Volatility profile

Recent price action puts Folks Finance in the Extreme-volatility bucket. The asset is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely.

How to evaluate Folks Finance

A balanced read on FOLKS typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is FOLKS performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Folks Finance (FOLKS) is a decentralized finance platform that enables users to borrow and lend assets on the Algorand blockchain, facilitating efficient financial transactions within a secure environment. It aims to enhance the accessibility and usability of DeFi services for its users. Source: CoinPaprika.com