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Floki price pump
Memecoin

Floki Price Pump 20% After Elon Musk’s CEO Tweet

by Ouess
written by Ouess

The power of Elon Musk’s Twitter account struck again this week, triggering a massive Floki price pump. The meme token skyrocketed 20% after the billionaire shared a video featuring the Shiba Inu dog “Floki” as the CEO of X (formerly Twitter). The viral post immediately sent traders rushing to buy the token, proving Musk’s influence remains as strong as ever.

This isn’t the first time a single tweet has caused a Floki price pump. Back in 2023, a similar joke about Floki becoming Twitter CEO sent the token up 140% in just one day. This time, the rally pushed FLOKI to a 10-day high of $0.00009 before it settled back down, showing these moves are often explosive but can be short-lived.

https://twitter.com/elonmusk/status/1980216257069945132?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1980216257069945132%7Ctwgr%5Ee2d9442535897a4866e78d8b8b2442cae7287128%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.coinspeaker.com%2Ffloki-price-prediction-elon-musk-rally-finds-explosive-outlook%2F

What’s Next for the Floki Price Pump ?

While the initial Floki price pump was exciting, the technical picture shows the token is at a critical point. It’s currently trading within a long-term descending channel, but it recently bounced from a key support zone between $0.00004 and $0.00005. This could be the start of a larger reversal.

Floki price pumps
FLOKI Price Source : TradingView

The potential is huge. If FLOKI can break out of its current pattern, it could rally an incredible 7,500% to reach $0.005. However, if it loses the current support, it could fall another 40% to $0.000028. The high trading volume suggests a big move is coming soon, one way or another.

My Thoughts

Musk’s influence is a double-edged sword. It can create instant 20% gains, but it also makes the token highly manipulative and unpredictable. While the long-term chart shows massive potential, these tweet-based pumps are often best for quick trades rather than long-term holds. The key is to watch if it can hold above $0.00004—that’s the real level that matters for a sustained recovery.

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Floki price surge
Memecoin

Floki Price Surges 25% as Europe’s First FLOKI ETP Launches

by Ouess
written by Ouess

A powerful Floki price surge sent the token soaring 25% to $0.00011 on Saturday. This rally propelled its market cap back above $1 billion, driven by the launch of Europe’s first FLOKI Exchange-Traded Product (ETP) and a strong rally in the broader BNB Chain ecosystem.

The Catalyst: Europe’s First FLOKI ETP

The primary driver behind the Floki price surge was a major regulatory milestone. On October 3, Valour launched the Floki SEK ETP on European exchanges.

Consequently, this product provides regulated exposure to FLOKI for European investors, simplifying access through traditional brokers. This development mirrors the positive price action seen in other memecoins following similar ETF-related news.

BNB Ecosystem Rally Provides a Tailwind

The Floki price surge coincided with a massive rally for BNB, which hit a new all-time high of $1,190. Historically, a strong “BNB season” creates spillover demand for top ecosystem tokens.

As a result, other BNB-based projects like PancakeSwap (CAKE) also posted significant gains. Therefore, FLOKI benefited from both its specific ETP news and the general bullish sentiment across the BNB Chain.

Trading Data Confirms Floki price surge

The Floki price surge was supported by explosive trading volume, which skyrocketed 425.5% to $517 million. This data confirms that the move was driven by organic buying pressure and not just speculation.

Floki price surge
Floki Price & Volume Source : CMC

For the rally to be sustained, BNB must continue to hold its ground above the $1,100 support level, providing a stable foundation for ecosystem tokens.

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Memecoin

Floki Price Prediction: Analysts Expect a Major Breakout

by Ouess
written by Ouess

🚀 Crypto experts forecast a bullish breakout for FLOKI 🚀
Technical patterns signal strong upside potential for the meme coin.

Floki Price Set for a Major Rally?

Crypto analysts are predicting a bullish breakout for Floki (FLOKI) as the meme coin market gains momentum. Market experts Ali Martinez and Bluntz believe FLOKI is on the verge of a significant price surge, fueled by strong technical patterns.

Top Analysts Predict a FLOKI Breakout

On February 15, analyst Ali Martinez shared on X that FLOKI appears ready to rebound, with a key target at $0.000042. Despite this support level, FLOKI is currently trading well above it, suggesting strong market interest.

https://twitter.com/ali_charts/status/1890643956586983922

Another analyst, Bluntz, highlighted an ascending triangle pattern on FLOKI’s price chart. This formation suggests that buyers are pushing past resistance, which could lead to major price gains. Additionally, a bullish divergence setup signals further upside potential.

https://twitter.com/Bluntz_Capital/status/1890499829811310663

These forecasts come amid a broader crypto market recovery, adding to the bullish sentiment around FLOKI.

Crypto Market Sees Strong Recovery

The crypto market surged on Saturday, despite ongoing macroeconomic concerns. Bitcoin held near $98K, while meme coins saw notable gains:

  • DOGE climbed 4% to $0.27
  • SHIB and PEPE also traded in the green
  • FLOKI followed suit, gaining momentum

Memecoins Source : CoinmarketCap

Investor enthusiasm for meme coins continues to rise, fueling FLOKI’s potential for a breakout.

FLOKI Price Action Today

At the time of writing, FLOKI is up 2%, trading at $0.00009871. The 24-hour low and high stand at $0.00009702 and $0.0001046, respectively.

📊 Key FLOKI Trading Metrics:

  • Trading volume: $163.1 million (+23.17%)
  • Futures open interest (OI): $17.44 million (+2%)
  • Derivatives volume: $26.92 million (+19%)

These metrics indicate strong investor interest, reinforcing the bullish predictions. If FLOKI breaks its current resistance, a major price surge could follow.

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Memecoin

Floki ETP to Launch in Europe: Meme Coin Goes Mainstream

by Ouess
written by Ouess

Floki (FLOKI) DAO members have unanimously agreed to allocate 16.3 billion tokens from the community buyback wallet as liquidity for an upcoming exchange-traded product (ETP). Scheduled to launch in Q1 2025, the Floki ETP will provide European investors access to the popular meme coin within the traditional finance market.

Community Endorses Floki ETP

For the first time, a Floki DAO proposal passed with zero opposition. This approval paves the way for Floki to become the second meme coin to launch on a regulated stock exchange, following Dogecoin’s example.

The Floki ETP will be listed on Switzerland’s SIX Swiss Exchange, Europe’s third-largest stock exchange. Currently, Floki ranks as the 8th largest meme coin by market cap, according to CoinGecko.

https://twitter.com/RealFlokiInu/status/1872602450848354520

A spokesperson for Floki stated that the ETP listing would solidify the coin’s legitimacy while expanding its adoption across institutional and retail markets in Europe.

What Is an ETP?

An exchange-traded product (ETP) allows investors to trade assets like stocks or commodities on traditional exchanges. Unlike ETFs, ETPs have a unique structure but offer similar benefits. Floki’s ETP bridges the gap between cryptocurrency and traditional finance (TradFi), providing a regulated and transparent way to trade and hold the meme coin.

This milestone is part of Floki’s broader strategy to grow its ecosystem and connect with institutional markets.

Floki’s Recent Achievements

The Floki ETP is one of many milestones the project achieved in 2024. In November, the US Commodity Futures Trading Commission (CFTC) recognized Floki as a utility token during its Global Markets Advisory Committee meeting.

Other achievements include:

  • Debit Card Launch: Floki introduced a Visa and Mastercard-compatible crypto debit card in December, allowing users to make payments worldwide.
  • Educational Platform: The “University of Floki” crypto education platform launched to teach users about cryptocurrency and blockchain.
  • Meme Coin Investment: Floki DAO invested $200,000 in the CAT token, a meme coin inspired by “Simon’s Cat,” which surged by over 250% at its peak.

Despite liquidations in the meme coin market, Floki saw a 375% rise in 2024. The broader market for meme coins achieved a $112 billion market cap.

Why the Floki ETP Matters

By launching an ETP, Floki aims to capitalize on the growing popularity of meme coins while bridging the gap between cryptocurrencies and institutional investors. As Floki’s ecosystem continues to expand, the ETP is expected to play a pivotal role in enhancing adoption and market presence.

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Memecoin

Floki DAO Aims to Launch Memecoin ETP in Europe

by Ouess
written by Ouess

Floki DAO is taking steps to introduce an exchange-traded product (ETP) for the Floki memecoin. If approved, this move would make Floki the second memecoin, after Dogecoin, to have an ETP.

Proposal for Floki ETP Funding Underway

Floki DAO members are voting on a proposal to allocate part of the treasury to support the ETP launch. Submitted on Dec. 25, the proposal seeks to use 16 billion FLOKI, valued at $2.8 million, as liquidity for the fund.

At the time of writing, 140 votes had been cast in favor, with no opposition. Voting will conclude on Dec. 27.

Floki ETP to Debut on Swiss Exchange

The Floki team has been collaborating with an undisclosed asset manager to bring the ETP to life. If the proposal passes, the ETP is expected to launch in early Q1 2025.

https://twitter.com/RealFlokiInu/status/1871873768068399424

Once live, it will trade on the SIX Swiss Exchange, Europe’s third-largest stock exchange and Switzerland’s largest. Details remain limited due to non-disclosure agreements, but the execution will align with Floki DAO’s mandate.

Floki’s Market Performance

Despite the excitement around the proposal, Floki’s price has dipped 6.2% in the past week, trading at $0.00017. However, the memecoin has gained 400% since the start of the year and holds a market cap of $1.7 billion, making it the seventh-largest memecoin by value.

If approved, the Floki ETP will join Dogecoin’s ETP, which launched in November 2024 via Toronto-based fund issuer Valour.

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Memecoin

$MONKY Airdrop Rewards FLOKI Holders

by Ouess
written by Ouess

The Wise Monkey ($MONKY) token, developed by Ape Accelerator and Forj under Animoca Brands, has officially launched on the BNB Chain. With a strong community focus, $MONKY’s airdrop promises exciting rewards for FLOKI holders and other ecosystem participants.

FLOKI Holders Benefit the Most

In a tweet, the $MONKY team announced that FLOKI holders will receive the largest share of the airdrop—27% of the token supply. For every FLOKI held, users will receive 0.35 $MONKY. This significant allocation incentivizes investors already part of the FLOKI ecosystem.

The snapshot for eligible holders and stakers will occur on December 15 at 00:00 UTC, and token distribution is set for December 20.

Additional Rewards for $MONKY and Bot Users

FLOKI token holders aren’t the only ones included. Another 4% of the supply is allocated to $MONKY holders, who will receive 130 $MONKY tokens per unit held. Additionally, users of the Floki Trading Bot can participate in a trading competition to claim their share of an extra 4%.

Launch Details and Ecosystem Growth

The $MONKY token launched with a total supply of 10 trillion tokens and a fully diluted valuation of $10 million. This launch aims to expand the token’s ecosystem while rewarding community members for their loyalty and engagement.

With such community-driven initiatives, $MONKY is positioning itself as a key player within the BNB Chain ecosystem.

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Memecoin

FLOKI Price Set for Potential 200% Rally: Here’s Why

by Ouess
written by Ouess

After hitting a four-month low, Floki Inu (FLOKI) could be on the brink of a major price surge. The token’s current chart pattern hints at a potential 200% rally, as a symmetrical triangle formation suggests a breakout could be imminent.

FLOKI Surges After Trump’s Election Win

The broader crypto market rally, following Donald Trump’s recent election victory, has lifted many altcoins, including FLOKI. On November 6, FLOKI’s price jumped from $0.00012 to $0.0001479. This recovery followed a sharp dip to a two-month low of $0.0001149 on November 5. The price surge highlights the renewed bullish sentiment in the market.

Currently, FLOKI is trading at $0.0001424, up nearly 1% in the last 24 hours. Despite recent struggles, analysts believe the token could be gearing up for a significant 200% rally in the coming days.

Why FLOKI Price Could Surge 200%

FLOKI’s price action has shown a gradual increase of about 5% this week. A crypto analyst suggests that the ongoing consolidation phase may soon end with a breakout, paving the way for a new bullish wave. The price is currently consolidating within a tight bullish pennant range, a strong signal for an upcoming uptrend.

During this consolidation phase, FLOKI’s price has moved 59% away from its all-time high (ATH) of $0.0003462 set in May. Multiple symmetrical triangles have formed, indicating the possibility of a tight bullish pennant pattern. Once this pattern completes, a strong bullish rally typically follows.

Bullish Technical Indicators for FLOKI

The technical indicators for FLOKI point to a bullish outlook. The 24-hour trading volume has risen to $229.44 million, suggesting increased buying interest. Key indicators like the Relative Strength Index (RSI), Moving Averages, and MACD all support a bullish trend.

Floki USDT Daily chart Source : TradingView

The RSI is currently at 52.2, indicating growing strength without entering the overbought zone. Both the Moving Averages and MACD are in the buying zone, signaling a potential crossover that could boost the rally.

Will FLOKI Holders See Big Gains?

Floki Inu investors have been eagerly waiting for a price surge, especially after the token’s decline from its ATH in May. With renewed optimism in the crypto market, fueled by Trump’s pro-crypto stance, the chances of a significant FLOKI price rally are increasing.

A breakout from the current pennant pattern could push the token into a 200% uptrend. If this happens, long-time holders might finally see their investments recover or even turn profitable. However, the extent of the rally remains uncertain, as market conditions and various factors could still affect the outcome.

Final Thoughts

FLOKI’s chart patterns and technical indicators suggest a strong potential for a breakout rally. While the bullish sentiment is building, investors should remain cautious and watch for confirmation of the uptrend. A successful 200% rally could be a game-changer for FLOKI holders, but market volatility is always a factor to consider.

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Memecoin

Floki Partners with Premier League for Major Visibility Boost

by Ouess
written by Ouess

Floki is stepping up its game by partnering with the English Premier League (EPL) to feature its FLOKI token and Valhalla game across various high-profile platforms. This partnership, set to last for at least one year, is designed to significantly boost the visibility of the $1.2 billion market cap token.

Floki Expands Reach Through Premier League Exposure

The English Premier League, the most valuable football league according to Transfermarkt, is the top tier of English football, featuring twenty teams that attract millions of fans worldwide. As part of this new partnership, Floki will showcase its ecosystem tokens and the flagship Valhalla game on stadium screens and as uniform sponsors.

This move marks a significant shift for Floki, which has been steadily evolving from its meme coin origins. The project has been expanding its offerings, including the development of the Valhalla metaverse game, the TokenFi real-world asset tokenization platform, and new staking and banking features aimed at increasing the appeal of the FLOKI token.

Premier League Sponsorship Details

In this partnership, FLOKI tokens will serve as the cryptocurrency partner for Nottingham Forest, while the Valhalla game will be featured on the back of Sunderland AFC’s jerseys. Additionally, Valhalla will appear in on-screen ads during all league games.

A Floki team member revealed that the agreement has the potential to extend beyond one year, emphasizing the benefits for FLOKI holders, including enhanced brand recognition and broader exposure to the ecosystem. However, the specific costs of these sponsorships remain confidential. Floki’s marketing head, Sabre, noted that there was no formal bidding process involved, thanks to direct contacts within the league.

The Crypto Industry’s Push Into Sports Sponsorship

The crypto industry has increasingly turned to sports sponsorships to raise project visibility. For example, Crypto.com paid $700 million in 2021 to rename the Staples Center in Los Angeles, while the now-defunct FTX signed multiple high-profile deals to feature its brand in sports venues worldwide. Similarly, Terra signed a $40 million contract with the Washington Nationals in 2022.

However, it remains uncertain how much these partnerships impact brand success and token prices. Despite this uncertainty, Floki’s Sabre remains optimistic, highlighting that Floki achieves substantial impact by spending a fraction of what other large projects invest in partnerships. He believes that Floki’s direct relationships with reputable organizations allow the project to maximize its presence in the blockchain space.

“As we’ve seen with similar timing and partnerships from top exchanges, we expect this exposure to capture retail interest as we approach and enter 2025,” Sabre added.

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Memecoin

Dogecoin Influence: FLOKI Poised for Growth Amid Memecoin Surge

by Ouess
written by Ouess

Dogecoin’s recent rally is making waves across the memecoin market, according to Elon Musk, who views this uptrend as transformative for other dog-themed cryptocurrencies like FLOKI.

Exploring FLOKI’s Potential

Historically, FLOKI has mirrored Dogecoin’s movements, and analysts expect this trend to continue. Currently, a quarter of FLOKI’s circulating supply (2.39 trillion FLOKI) is locked, effectively reducing available tokens for trading.

FLOKI’s ecosystem includes a fee-collecting bot that buys and burns tokens, further limiting supply and potentially supporting price levels.

FLOKI USD Hourly chart

The correlation between Dogecoin and FLOKI is well-established, with FLOKI typically following Dogecoin’s price spikes.

Broader Market Dynamics and FLOKI’s Position

Investors often seek opportunities in related assets, creating a ripple effect. FLOKI, with its distinctive features and active community, emerges as a strong contender for growth.

Elon Musk’s endorsement significantly bolsters this sentiment, given his track record of influencing cryptocurrency markets through social media.

His recent endorsement underscores potential gains in FLOKI, reigniting investor interest. The combination of locked supply and the buy-and-burn mechanism could propel FLOKI’s valuation upward.

DOGE USD Hourly chart

Implications and Market Outlook

Reducing token circulation increases the scarcity and value of remaining tokens. Coupled with heightened demand fueled by Dogecoin’s rally, FLOKI appears poised for a positive trajectory.

Dogecoin’s surge sets the stage for a bullish phase in FLOKI and other memecoins. With historical correlations, reduced supply dynamics, and influential endorsements, FLOKI shows promising prospects.

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