Floki ($FLOKI) is on a positive trajectory as it rallied 22.2% in a day to change hands at $0.0001343, reflecting renewed strength in the broader meme coin sector as it surpassed its $0.0001 target.
Is FLOKI the Next Crypto Gainer? Analyzing Its Breakout, Webull Listing, and Whale Accumulation
$FLOKI has a market cap of $1.29 billion and a 24-hour trading volume of $1.2 billion. These metrics, alongside a growing $FLOKI holder base of 553.68K and a Total Value Locked (TVL) of $26.8 million, paint a picture of a project gaining substantial traction and fundamental strength.
Central to this rally is Valhalla, $FLOKI’s long-awaited gamified metaverse. Launched in late June, Valhalla’s play-to-earn mechanics and NFT integration have catalyzed user engagement and sparked massive traction.
Over 1 million in-game transactions and a growing player base have validated $FLOKI’s pivot into gaming utility.
Floki has further amplified its reach in the gaming world by partnering with Method for MMO community engagement and serving as Valhalla’s presenting partner at the Global Esports Industry Week in mid-June, putting the project in front of a vast and relevant audience.
Alongside Valhalla, Floki continues to develop and integrate its DeFi suite, FlokiFi, which offers staking and other utility features. This broadens Floki’s ecosystem beyond simple token speculation into decentralized finance solutions.
$FLOKI’s listing on Webull’s payment platform, which serves 24 million users, added a further boost.
Following this, $FLOKI posted a weekly gain of over 40% alongside increased routing liquidity, showing the market’s responsiveness to improved accessibility.
Floki also made history as the first crypto project with a MiCAR-compliant white paper registered by the European Securities and Markets Authority (ESMA). This landmark allows $FLOKI to be traded on regulated EU exchanges, unlocking broader European institutional and retail participation.
Whales hold a substantial 72.05% of $FLOKI’s supply. While such a high concentration can sometimes indicate risk, $FLOKI’s case suggests strong conviction among large holders, and whales keep accumulating.
Source: CoinMarketCap
$FLOKI’s momentum is bullish with analysts eyeing the $0.02 area, which represents nearly a 14,487% upside from current levels.
$FLOKI/$USDC—Bullish Flag Formation with Increasing Derivatives Interest
$FLOKI’s been on a tear. On the one-hour price chart, the asset has seen a strong trending phase, pushing from under $0.0000950 straight through $0.0001340 in a nearly vertical manner. Even more interesting, volume came alive right as the price exploded. That’s not just momentum—that’s conviction
Following this steep rise, $FLOKI has begun consolidating within a well‑defined bullish flag pattern.
Two downward‑sloping parallel trendlines contain the pullback, with the lower boundary around $0.0001250 and the upper boundary near $0.0001350.
This consolidation has been unfolding on declining volume, a textbook sign that selling pressure is more about cooling momentum than initiating a reversal. Price is now pressing back toward the upper boundary of the flag, suggesting mounting pressure for another breakout attempt.
The volume footprint on the four‑hour chart adds depth to this view.
A substantial delta of 10.34 billion in buying against 96.89 billion in selling shows that despite the massive turnover, buyers have consistently absorbed offers and driven $FLOKI higher during key pushes.
There are also massive positive spikes, such as a 1.12 billion delta on strong volume, indicating aggressive entry by bulls.
Some red delta bars appear within the flag, reflecting profit taking or short-term resistance, but they remain relatively contained compared to the bullish footprints.
This mix of strong buyer dominance punctuated by lighter sell bursts aligns with the idea of a resting market that has yet to give up ground.
The derivative data provides additional confirmation of the sustained upward momentum.
Open interest grew by over 58% to $84.75 million alongside a 517% increase in trading volume, showing fresh capital flowing into positions.
The long/short ratios are roughly balanced near 0.94–0.95 across major venues, which suggests that despite the bullish move, positioning is not excessively crowded on one side.
The liquidation data shows that the market is still playing favorites with the bulls. In the last 24 hours, short sellers were squeezed harder, with $550,000 liquidated versus $518,000 on longs. It’s not a huge gap, but it’s telling.
What we’re seeing now is textbook consolidation after that explosive breakout.
If price breaks through the upper flag boundary near $0.0001350 with renewed buy‑side deltas and continued derivative expansion, the next measured move could carry toward $0.0001450 and beyond.
However, a failure to hold $0.0001250 support within the flag would turn focus toward a breakdown and potential retracement back to the $0.0001180 accumulation zone.
The post Floki ($FLOKI) Price Surges 22%: Is $0.02 Next as Valhalla and Webull Fuel Rally? appeared first on Cryptonews.
