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Sohrab KhawasSohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- Oct 21, 2025 06:13 UTC
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Why Floki Token Price Is Up Today?
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FLOKI $ 0.00006315 (-0.84%) 
Elon Musk’s playful video of his dog “Floki” triggers a 30% token surge.
FLOKI’s trading volume skyrockets 817%, surpassing $656 million within just 24 hours.
Analysts predict a potential breakout toward $0.00015 if FLOKI sustains above $0.00009.
Floki Inu (FLOKI), the popular meme-inspired cryptocurrency, surged nearly 30% in the past 24 hours, emerging as one of today’s top-performing tokens. The surge came after billionaire Elon Musk shared an AI-generated video of his Shiba Inu “Floki” sitting at a CEO desk, sparking the new excitement in the meme coin market.
Elon Musk’s Post Sends Floki Up 30%
Floki saw a strong rally late Monday after Elon Musk posted an video of his Shiba Inu dog “Floki” dressed as the CEO of X, a fun reference to his past posts that often shakes up dog-themed coins.
The post instantly sparked an 817% jump in FLOKI’s trading volume, pushing 24-hour transactions past $656 million and lifting the price near $0.0000882, its highest in nearly two weeks.
Strengthened Meme Coin Sentiment
The rise in FLOKI coincides with broader bullishness in meme tokens, as Dogecoin (DOGE) and Shiba Inu (SHIB) also posted modest gains in early trading.
Social volume on platforms like X, Reddit and Telegram jumped more than 65% for FLOKI, according to on-chain analytics shared by Santiment, while the Fear & Greed Index in crypto markets moved from 37 (Fear) to 52 (Neutral), showing growing retail participation.
Floking Chart Eyeing $0.000015 Target
Elon Musk’s latest endorsement has fueled a breakout move for Floki, which is showing a strong bullish setup near the key demand zone of $0.00009.
Analysts point out that FLOKI has formed a bullish pattern on the weekly chart, often a sign of an upcoming rally. The token recently lost its trendline support but is now retesting it.
If it closes above $0.00009, it could climb toward $0.00011, with a possible run to $0.00015 if buying volume continues.
On the flip side, failure to reclaim this level may lead to a drop toward $0.00004.
As of now, Floki is trading around $0.00008, up nearly 10% in the last few hours with a market cap hitting $712.85 million.
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FAQs
Floki’s price surged nearly 30% after billionaire Elon Musk posted a viral video of his Shiba Inu named Floki, instantly boosting trading volume and market excitement for the meme coin.
Elon Musk posted an AI-generated video on X of his own Shiba Inu dog, “Floki,” sitting at a CEO’s desk. This playful endorsement directly sparked a major price rally for the FLOKI token.
Like all meme coins, FLOKI is highly volatile and driven by social sentiment. While influencer endorsements can cause sharp rallies, it carries significant risk and should be approached with caution.
Based on current technical analysis, Floki Inu has the potential to reach $0.00015 if its bullish momentum and high trading volume continue following the recent catalyst.
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