Price Analysis
  • Shrishesh Tanksalkar
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    Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

    • 2 minutes read

    Can FLOKI and BONK Memecoin Price Rally Sustain?

    Story Highlights
    • FLOKI price surges 32.63% in 24 hrs, driven by Valhalla and opBNB network traction

    • BONK rallies 73.81% weekly as Grayscale backing and token burn fuel surge

    • Both memecoins break key resistance, RSI signals overbought but strong bullish control

    The memecoin mania has returned in full swing, and FLOKI and BONK are leading the charge with explosive rallies. While the broader market strolls cautiously, these two assets have bucked the trend, delivering double-digit gains. The drive for their rallies comes from technical breakouts and strong fundamental catalysts.

    As trading volumes surge and momentum builds, traders are curious if this bullish momentum can push both coins to fresh local highs, or even retest all-time highs. Join me as I decode the same in this price analysis.

    FLOKI Price Analysis:

    FLOKI has seen a remarkable 32.63% price increase in just 24 hours, with a weekly gain of 42.2%. It currently trades at $0.0001307 after breaking out from a critical resistance zone around $0.000088. The surge was catalyzed by a series of bullish developments, including the play-to-earn game Valhalla crossing 1 million transactions and 125,000 NFT mints on the opBNB mainnet. The sharp price move pushed FLOKI above its prior resistance at $0.00009681, turning it into new support.

    FLOKI Price Analysis 1707

    On the technical front, RSI has soared to an overbought score of 76.36. However, this often reflects strong bullish momentum rather than an imminent reversal in memecoin rallies. The next resistance for FLOKI lies around $0.000137, with potential to test $0.000168 if the momentum persists.ย 

    BONK Price Analysis:

    BONK is outpacing most of its rivals with a 24.27% daily and 78.04% weekly price rally. Trading at $0.00003924, BONK surged past a long-standing resistance at $0.00002434. The bullish sentiment was significantly driven by Grayscale adding BONK to its Q3 2025 watchlist, a massive credibility boost. Furthermore, the BONK DAO burned 100 billion tokens worth $3.4 million, tightening supply amid growing demand.

    Bonk Price Analysis 1707

    Technically speaking, the RSI is at 85.92, well into overbought territory. Still, traders seem unfazed as the price action targets the next resistance near $0.00004681. The 60.78% spike in 24-hour trading volume to $2.41 billion confirms strong market participation. If bullish momentum holds, BONK could also aim for its ATH of $0.00005916.

    FAQs

    Is it too late to buy FLOKI or BONK now?

    Both tokens are in overbought zones, so caution is advised. Short-term dips could offer better entries.

    Why is FLOKIโ€™s price up today?

    Key drivers include the success of FLOKI’s Valhalla game, NFT mints, and a technical breakout above resistance.

    Why is BONK gaining more than other memecoins?

    BONKโ€™s surge is backed by Grayscaleโ€™s endorsement, a large token burn, and increased ecosystem activity.

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