FLOKI Spikes 12% as Trading Volume Surges, Fueled by Valhalla Hype and Breakout Momentum
FLOKI jumped 12.1% in the last 24 hours, surging from $0.0000815 to a session high of $0.0000915, as trading activity exploded across major exchanges. The rally came as the memecoin outperformed broader crypto benchmarks, including the CoinDesk 20 Index, which gained just 1.4% in the same period.
The token’s rally was driven by a dramatic uptick in volume, with trading hitting 274.1 billion FLOKI at 16:00 UTC—nearly five times its daily average. The move helped push the token past key resistance at $0.000088, turning short-term sentiment decisively bullish.
FLOKI also found reliable support around $0.0000851, which helped stabilize price action before its final push. Analysts suggest the spike in volume may indicate renewed institutional or whale activity as confidence in FLOKI’s upside potential builds.
Fueling the rally is excitement around FLOKI’s Valhalla play-to-earn game, which allows players to earn FLOKI tokens for in-game achievements. The project’s growing ecosystem and community engagement continue to generate strong investor interest.
Technical Summary
- Price Movement: FLOKI rose from $0.0000815 to $0.0000915, a 12.1% gain.
- Volume Surge: Trading peaked at 274.1B tokens, ~5x the 24-hour average.
- Support/Resistance: Support held near $0.0000851; breakout above $0.000088 confirmed bullish reversal.
- Momentum: Final-hour gains pushed the token above $0.000090, suggesting sustained buying interest.
