Why is Floki crashing?

Could you please explain why Floki, the cryptocurrency, is currently experiencing a significant price decline? What factors are contributing to this crash? Are there any specific events or announcements that might be causing investors to lose confidence in Floki? Additionally, how does this crash compare to previous market fluctuations? Is there any indication that the price might rebound in the future, or should investors be cautious about further losses? Thank you for shedding some light on this matter.