FLOCK Price Soars 63% to $0.186 Amid High Liquidation Volume

FLOCK has maintained the highest trading volume on major South Korean exchanges since its debut, surpassing $100 million in daily transactions and accounting for 16% of total spot trading.

Summary

FLOCK has achieved the highest trading volume on major South Korean exchanges since its May 30 debut, surpassing $100 million in daily transactions and accounting for 16% of total spot trading. The token's price surged over 222% in the past five days, currently priced at $0.186. CEO Jiahao Sun is scheduled to speak at a UK House of Lords event on June 23, and former RBC Chief Innovation Officer Mohammed Marikar has joined FLock.io as Director of Institutional Development.

Terms & Concepts
  • Liquidation Volume: The total value of positions that have been forcibly closed due to insufficient margin, often indicating high volatility or market movements.
  • Coinglass: A cryptocurrency analytics platform that provides data on market trends, including liquidation volumes and trading activity.