Floki Skyrockets 73% Over The Past Month: What Is Going On?
Floki has rallied 73% in the past mont, with market observers anticipating the uptrend to continue off the back of improving sentiment and bullish technical indicators. CryptocurrencyPrice Market Cap24-Hour Trend7-Day TrendFloki FLOKI/USD $0.0002272$2.2 Billion +7.8% -5.1%Bonk BONK/USD $0.00004434 $3.3 Billion +6.2% -17.4%Dogwifhat WIF/USD $3.14$3.14 Billion +5.5% -2.9%Trader Notes: Crypto trader Master Kenobi noted in a post on X on Wednesday that Floki's rally was delayed by three weeks, originally expected by Oct. 21. He attributes this delay to broader market reactions following the U.S. elections. He anticipates a continuation of the uptrend, which could result in a significant “pump” around Feb. 10 in a conservative scenario. In a more optimistic scenario, this could also happen in mid-December, thanks to the following catalysts: Bitcoin Dominance: Expected to persist for two more weeks before easing, creating opportunities for altcoins like Floki. Market Signals: Positive movements in assets like Dogecoin DOGE/USD and Binance Coin BNB/USD point to a potential pump by late 2025. Influencer InvestingHaven suggests that Floki has bounced from its dip, signaling a bullish breakout. However, he warns that the next major hurdle is surpassing its previous all-time high. $FLOKI's consolidation phase triggered a bullish reversal, reaching our 2024 target after bouncing from the "Buy the Dip" level.The next major challenge for #FLOKI lies in testing its all-time high (ATH). pic.twitter.com/HeyNucZVd8— InvestingHaven (@InvestingHaven) November 26, 2024Community News: Coinbase Assets announced Floki becoming available for trading for residents in Germany. Users can now buy, sell, convert, send, receive, or store Floki through Coinbase, broadening the coin's accessibility. Read Next: Floki Beats Dogecoin, Shiba Inu With Double-Digit Gains After Coinbase Listing Announcement Image: Shutterstock Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.