Floki (FLOKI) has made a strong comeback, surging from $0.000092 to $0.000101—a 9.78% increase over the past day. As of this writing, the memecoin was trading at $0.0001005, reflecting a 6.37% rise in daily charts. This recovery comes after FLOKI suffered a 17.83% decline over the past week, making the latest rally a significant turnaround.
Why Is Floki Pumping?
Two key factors appear to be driving Floki’s price surge. The first is the upcoming Stocktwits marketing campaign, set to launch on February 5. Announced on Floki’s official X account, the campaign is expected to generate over 8.2 million impressions and showcase the Floki Trading Bot to an audience of active traders and investors. This strategic move has likely fueled renewed interest in the memecoin.
Floki Trading Bot Launches Major Stocktwits Marketing Campaign
— FLOKI (@RealFlokiInu) February 3, 2025
Starting February 5th, this targeted campaign will put our revolutionary trading bot in front of millions of traders and investors through high-visibility ad placements across a variety of media channels.
With over… pic.twitter.com/6sAyG0lXKO
Another crucial reason is the increasing buying activity, particularly from whales. Over the past day, whale inflow has spiked by 187.41%, with large holders accumulating FLOKI at an accelerated rate. Data shows that whale inflow jumped from 53 billion to 153 billion, signaling heightened investor confidence in the token’s upward potential.
Technical Indicators Suggest More Upside
AMBCrypto’s analysis highlights a growing bullish sentiment in FLOKI’s market dynamics. Order book data from MobChart reveals that buy orders are outpacing sell orders, reinforcing the notion that more traders are accumulating FLOKI at the current price levels.
Additionally, Floki is approaching a bullish crossover on both the Relative Vigor Index (RVI) and the Stochastic RSI. These indicators suggest that upward momentum is strengthening, positioning FLOKI for further gains in the near term.
Price Outlook: What’s Next for FLOKI?
If buying pressure persists, FLOKI could break past the $0.00011 mark and attempt to test the $0.00012 resistance level. However, if the bullish momentum weakens, a pullback could see the token retest the $0.000094 support zone.
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For now, FLOKI remains in an accumulation phase, with whale interest and a strategic marketing campaign acting as catalysts for its recent surge. Traders should closely monitor upcoming developments to gauge whether this rally has more room to run.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.
