$FOLKS 0.38 This point is exactly on the upper edge of the earlier high-density trading zone. From the dump at 3.26, the volume has been shrinking day by day. The panic sellers were already emptied out long ago—what’s left are people who don’t watch the chart.
Folks Finance is cross-chain lending. It puts deposits, borrowing, and collateral into a single interface and supports both EVM and non-EVM networks. The financing background is solid—Coinbase Ventures, Jump, ParaFi, and Borderless Capital are all on the list. They’ve raised a total of $6.2 million at a $75 million valuation. Danu Ventures recently joined again with a strategic investment round. The exact amount wasn’t disclosed, but the money is clearly aimed at cross-chain expansion.
The real heavyweight move is in xChain V2. The team directly set aside 1 million FOLKS tokens—based on the valuation at the time, that’s about $10 million—to deploy as incentives, with the goal of pushing toward 1 billion TVL. This version also integrated a mobile App: users can spend the borrowed funds directly with a debit card. Cross-chain lending moving into offline consumption—if this story can be made to work, the upside is far higher than with a pure DeFi protocol.
As for the token: total supply is 50 million, and the TGE only released 25.4%. The rest is all queued up for later. The circulating supply isn’t large, so you don’t need a huge amount of capital to push it up.
Go long directly from 2.30 to 2.40. Place the stop-loss below 1.90. First target: 3.20. If it holds with volume, watch for 4.50.
Folks Finance is cross-chain lending. It puts deposits, borrowing, and collateral into a single interface and supports both EVM and non-EVM networks. The financing background is solid—Coinbase Ventures, Jump, ParaFi, and Borderless Capital are all on the list. They’ve raised a total of $6.2 million at a $75 million valuation. Danu Ventures recently joined again with a strategic investment round. The exact amount wasn’t disclosed, but the money is clearly aimed at cross-chain expansion.
The real heavyweight move is in xChain V2. The team directly set aside 1 million FOLKS tokens—based on the valuation at the time, that’s about $10 million—to deploy as incentives, with the goal of pushing toward 1 billion TVL. This version also integrated a mobile App: users can spend the borrowed funds directly with a debit card. Cross-chain lending moving into offline consumption—if this story can be made to work, the upside is far higher than with a pure DeFi protocol.
As for the token: total supply is 50 million, and the TGE only released 25.4%. The rest is all queued up for later. The circulating supply isn’t large, so you don’t need a huge amount of capital to push it up.
Go long directly from 2.30 to 2.40. Place the stop-loss below 1.90. First target: 3.20. If it holds with volume, watch for 4.50.
