Bitcoin

FLOKI Nearly Hits $1B Market Cap as Meme Coin Mania Returns, But There’s a Catch


Floki has just made a strong movement. Its price has jumped more than 12% in the last 24 hours and briefly pushed market capitalization to around $ 913 million. This places it at a striking distance from the milebone of $ 1 billion, a level that could attract even more attention from merchants.

One of the noisiest voices today was Millionaire slumdogeA well -known investor and even a corner with more than 388,000 subscribers on X. He posted: “No one is ready for what $ Floki will do” and stressed that the team has been built for years while the community continued to become stronger.

He also said that Floki had never had his real bull race in 2021. This feeling is shared by many first holders who believe that the project still has much more room to grow. Floki is now one of the few coins in addition to Doge and Shib to survive several market cycles and stay in the best ranks.

Other coins are also gathering. Pepe and Brett Everyone has pumped more than 25% today, showing that the interest in the same currency is important. If this is maintained, the entire category could enter a new bullish phase.

Let's take a look at the Floki / Usdt board.

Over the 4 -hour period, the Floki price has left a long accumulation area which extended until March and most April. It is now approaching the level of $ 0.000010, which is a psychological resistance. If he can close above this area with a high volume, the following keys are around $ 0.0000,125 And $ 0.000015.

Source: tradingView

THE RSI is 78This shows that Floki is in exaggerated territory at the moment. This does not mean that he will plant, but This could point out a short -term decline or consolidation before the next leg.

Also deserves to be noted; The price is still in exchange below The 200 -day mobile averagewho is currently $ 0,0001308. If Floki can possibly break above this line and overthrow it in support, this would confirm a much greater trend reversal.

Read also: this is how much the pepe price could happen after hitting its most difficult trend line

Short -term Floki prices prediction

If the purchase of pressure continues and the trend of parts even is strengthened, Floki could test 0.000000105 to $ 0.000012 in the coming days. A break above these levels would put $ 0.000015 at stake. downwards, a decline for $ 0.0000085 would be healthy and could attract more lower buyers if the overall momentum takes place.

Overall, Floki seems strong at the moment. It has a volume, community support and rear winds on the market scale of other coins. The coming weeks could be critical. If he finally crosses this market capitalization of a billion dollars and breaks the MA of 200 days, Floki could consider a real escape, not only a short -term pump.

The season of parts even could well start, and it looks like Floki wants a first row seat.

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