Why did the price of FLOKI go up?

FLOKI increased by 0.87% in the last 24 hours, which is less than its 7-day gain of 6.61%, but it still showed strength in a cautious crypto market led by Bitcoin. Here are three main factors behind this movement:

1. Aftermath of Elon Musk’s tweet – A viral Shiba Inu video Musk shared on October 20 caused a quick 32.7% jump, followed by a 13% drop.
2. Technical bounce – Indicators like RSI and MACD suggested short-term buying opportunities.
3. Regulatory support – FLOKI’s listing on a European exchange-traded product (ETP) since October 3 is drawing interest from more cautious investors.

Deep Dive

1. Musk-Driven Volatility (Mixed Impact)

Overview
On October 20, Elon Musk tweeted “Floki is back on the job as X CEO” along with an AI-generated Shiba Inu video. This caused FLOKI’s price to jump 32.7% to $0.0000883. However, the next day, the price dropped 6.8% as traders cashed out, showing how meme coins like FLOKI often rely on hype cycles (Finbold).

What this means
Musk’s tweet gave a short-term boost, but without new developments from FLOKI’s team, the price couldn’t hold. The recent 0.87% rise suggests some recovery after the selloff, but FLOKI is still 32% below its October 4 peak.

What to watch
Look for new spikes in social media activity, especially related to Elon Musk or X, as FLOKI’s price tends to follow these closely.

2. Technical Rebound (Bullish Short-Term)

Overview
Several technical indicators showed signs of improvement:

• RSI (14-day): 44.76, moving up from 42 on October 22, indicating less selling pressure.
• MACD: The histogram turned positive (+0.000000247) for the first time since October 18, suggesting upward momentum.
• Support level: FLOKI held steady at $0.000072 on October 23, near a key Fibonacci retracement level.

What this means
Traders took advantage of oversold conditions, but trading volume dropped by 20.64% compared to the previous day, showing limited enthusiasm. To confirm a trend change, FLOKI needs to close above its 30-day moving average at $0.0000812.

3. European ETP Momentum (Bullish Long-Term)

Overview
Since October 3, FLOKI has been listed on an exchange-traded product (ETP) on Sweden’s Spotlight Stock Market (Valour). This makes FLOKI the first token on the BNB Chain, besides BNB itself, to be available in a regulated investment product, attracting more conservative investors.

What this means
While this listing hasn’t directly impacted the last 24 hours, it helps FLOKI gain credibility and reduces its dependence on hype. However, altcoins like FLOKI still face challenges as Bitcoin’s market dominance remains high at 59.26% (CMC).

Conclusion

FLOKI’s recent gains come from technical buying and lingering effects of Musk’s tweet, but overall market caution and a large circulating supply (9.55 trillion tokens) limit its upside. Key point to watch: Can FLOKI maintain support at $0.000073 if Bitcoin continues its rally?

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What could affect the price of FLOKI?

FLOKI’s price swings between hype-driven spikes and growth based on real-world use.

1. Elon Musk’s Social Media Influence – His tweets cause big price jumps, but these often don’t last.
2. Valhalla Game & AI Partnerships – New gaming features and AI collaborations could create steady demand.
3. Regulatory Progress – Meeting European rules and launching a trading product there opens FLOKI to more serious investors.

In-Depth Look

1. Social Media Volatility (Mixed Effects)

FLOKI’s price is very sensitive to Elon Musk’s tweets. For example, on October 20, 2025, after Musk shared a video featuring a Shiba Inu dog, FLOKI’s price jumped over 30%. But just hours later, the price dropped by 12% as excitement faded (Finbold).
What this means: Musk’s mentions can cause quick price spikes, but these are often short-lived. For FLOKI to grow steadily, it needs to rely less on hype and more on real value.

2. Valhalla Game & AI Integration (Positive Outlook)

FLOKI’s Valhalla game has seen over 1 million transactions since its launch. Players who own the Minibot M1 NFT can now claim physical AI companions through a partnership with Rice Robotics (CoinMarketCap Community). The community also approved a $200,000 investment in RICE AI tokens to strengthen this connection.
What this means: Adding real-world uses like gaming and AI devices could attract long-term users and reduce FLOKI’s reputation as just a meme coin. Success in these areas may help stabilize the price.

3. Regulatory Advances (Positive Outlook)

FLOKI is the first project on the BNB Chain to publish a white paper that meets the EU’s MiCAR regulations, allowing it to be traded legally in Europe. It also launched an Exchange-Traded Product (ETP) there on October 3, 2025, making it easier for institutional investors to get involved (Yahoo Finance).
What this means: Clear regulations reduce the risk of being removed from exchanges and attract more cautious investors. This can lower price swings and increase trading volume.

Conclusion

FLOKI’s future depends on balancing viral hype with real-world usefulness. While Elon Musk’s tweets will likely keep causing price jumps, growth in gaming and AI partnerships, along with regulatory progress, provide a more stable foundation. Keep an eye on Valhalla’s user activity and European trading volumes to see if FLOKI can move beyond being just a “dog coin” and become a leader in the Web3 space.

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What are people saying about FLOKI?

The FLOKI community is balancing fun Viking-themed memes with serious technical analysis, all while keeping an eye on the growth of its ecosystem. Here’s what’s trending right now:

1. Positive chart signals suggest a potential price increase of 30–50%
2. Launch of the Valhalla game is boosting hopes for real-world use of FLOKI
3. Risks of price pullbacks exist at important resistance levels

Deep Dive

1. @CryptoElites: Breaking out of a 2-year downtrend is a good sign

"FLOKI has broken its long-term downward trendline, aiming for a price range between 0.000174 and 0.000262, with a stop loss below 0.000065."
– @CryptoElites (12.3K followers · 8.4K impressions · 2025-06-11 12:25 UTC)
View original post
What this means: This technical breakout could lead to a 3.5 times price increase if momentum continues. However, if the price falls below 0.000065, this positive outlook may no longer be valid.

2. @FlokiTeam: Valhalla game launch brings mixed results

"Over 1 million transactions since Valhalla launched on July 1 – but delays in mobile access are testing users’ patience."
– @FlokiTeam (551K followers · 2.1M impressions · 2025-08-12 14:18 UTC)
View original post
What this means: The play-to-earn game is driving user engagement, which is a positive step toward making FLOKI more than just a meme coin. However, delays and technical challenges could slow down this progress.

3. @RoseSignals: Price rejection at resistance is a warning sign

"Price dropping below 0.00010885 confirms a bearish outlook toward 0.00010419."
– @RoseSignals (8.7K followers · 3.2K impressions · 2025-08-04 11:19 UTC)
View original post
What this means: This expected 4.3% price drop reflects concerns about FLOKI’s ability to maintain gains, especially given Bitcoin’s strong market dominance of 59%.

Conclusion

Opinions on FLOKI are mixed. While the charts show promising signs, there are still risks related to how well the ecosystem develops. Traders are closely watching whether the resistance zone between 0.000112 and 0.000123 will turn into support after the Valhalla mobile game launches. Also, keep an eye on the 24-hour RSI (currently at 61); if it stays above 70 for a while, it could mean the market is overextended, especially since trading volume is low.

What is the latest news about FLOKI?

FLOKI’s price moves are still heavily influenced by Elon Musk’s tweets, but it’s also making strides toward gaining acceptance from bigger, more traditional investors.

1. Musk Tweet Sparks 32% Rally (October 20, 2025) – A quick price jump followed by a sharp drop shows how unpredictable meme coins like FLOKI can be.
2. Europe’s First FLOKI ETP Launches (October 3, 2025) – A new regulated investment product in Europe makes it easier for institutional investors to get involved.
3. Bull Trap Confirmed (October 22, 2025) – A failed price breakout suggests sellers still have the upper hand.

Deep Dive

1. Musk Tweet Sparks 32% Rally (October 20, 2025)

What happened:
Elon Musk posted a video featuring a Shiba Inu dog with the caption “Floki is back on the job as X CEO.” This caused FLOKI’s price to jump 32.7% to $0.0000883. Trading volume also surged by 807% to $673 million within hours. However, the price quickly fell back, ending 6.8% lower two days later.

What it means:
This shows FLOKI’s price can spike quickly thanks to viral moments, especially from influential figures like Musk. But without strong underlying reasons, these gains don’t last long. Investors should watch if FLOKI can maintain support levels around $0.000070 to $0.000072.
(Finbold)

2. Europe’s First FLOKI ETP Launches (October 3, 2025)

What happened:
Valour introduced the first FLOKI exchange-traded product (ETP) on Sweden’s Spotlight Stock Market. This makes FLOKI the first token on the BNB Chain (besides BNB itself) to have regulated exposure in Europe. The ETP is designed for both institutional and retail investors who want a compliant way to invest in crypto.

What it means:
This is a positive step for FLOKI’s long-term growth because it opens the door to more serious investors and adds legitimacy. However, the price didn’t react strongly right away and remains 32% below its recent high of $0.0001155. For sustained growth, FLOKI needs to develop beyond just being a meme coin.
(FLOKI)

3. Bull Trap Confirmed (October 22, 2025)

What happened:
After FLOKI tried to break above $0.000084 but failed, its price dropped 13.4% in just 36 hours. On-chain data showed increased selling activity and little new buying, indicating weak demand.

What it means:
This is a bearish sign in the short term, meaning traders are still cautious despite some technical signs of recovery. Indicators like the Awesome Oscillator and the Accumulation/Distribution line suggest selling pressure remains strong. If FLOKI falls below $0.000070, it could test its lows from June 2025 near $0.000045.
(AMBCrypto)

Conclusion

FLOKI’s story is a mix of hype-driven price swings fueled by Elon Musk’s tweets and slow but steady progress toward acceptance by traditional investors. The launch of the ETP is a big step for credibility, but technical challenges and reliance on viral moments keep its future uncertain. The big question remains: will FLOKI’s growth in gaming through Valhalla or deeper involvement in decentralized finance (DeFi) help it break free from the ups and downs caused by social media buzz?

What is expected in the development of FLOKI?

FLOKI’s roadmap is centered on gaming, decentralized finance (DeFi), and practical real-world uses. Here are the key upcoming milestones:

1. Valhalla Mobile App Launch (Late 2025) – Release of the flagship metaverse game on iOS and Android.
2. Valhalla Chinese Mainnet Launch (2026) – A version tailored for China’s gaming market.
3. Floki-Powered Bank Accounts (2025) – Digital banking services available in multiple countries.
4. University of Floki V2 (Q1 2026) – Enhanced crypto education with paid courses and NFT certificates.

Deep Dive

1. Valhalla Mobile App Launch (Late 2025)

Overview: FLOKI plans to launch mobile versions of its Valhalla metaverse game, aiming to reach billions of smartphone users. The game includes play-to-earn features, upgradeable NFTs (digital collectibles), and works across different devices.
What this means: This could boost FLOKI’s user base significantly since mobile gaming is huge. However, there are risks like delays in app store approvals and strong competition from established gaming tokens such as AXS.

2. Valhalla Chinese Mainnet Launch (2026)

Overview: FLOKI is developing a localized version of Valhalla for China’s $45 billion gaming market, pending regulatory approval. They have partnered with local platforms but face challenges due to China’s strict cryptocurrency regulations.
What this means: This is a high-risk, high-reward move. If successful, FLOKI could become a leading gaming token in Asia. But political and regulatory hurdles could slow or stop progress (FLOKI Blog).

3. Floki-Powered Bank Accounts (2025)

Overview: FLOKI is teaming up with a licensed fintech company to offer bank accounts funded by FLOKI in Canada, Spain, UAE, and Australia. Users will be able to hold multiple currencies like EUR, USD, and GBP, and link debit cards.
What this means: This adds real-world value to FLOKI, making it more than just a digital token. However, success depends on regulatory approval and user interest. It will compete with other projects like XRP that focus on cross-border payments.

4. University of Floki V2 (Q1 2026)

Overview: An upgraded crypto education platform offering paid courses, NFT-based certificates, and options to pay with regular money. It aims to attract everyday learners interested in cryptocurrency.
What this means: If popular, this could increase demand for FLOKI tokens. But there’s a risk of low participation and competition from free educational resources like CoinMarketCap Alexandria.

Conclusion

FLOKI is focusing heavily on gaming with Valhalla and expanding into real-world financial services through bank accounts, while also growing its educational offerings. The success of this roadmap depends on how well users adopt Valhalla and whether regulators approve the banking services. With FLOKI’s price down 70% from its all-time high ($0.0003462), the big question is whether these practical developments can overcome the typical ups and downs of meme coins. Keep an eye on the Valhalla mobile launch and on-chain data like active user addresses for signs of progress.

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What updates are there in the FLOKI code base?

I wasn’t able to find useful information to answer this question right now. The CoinMarketCap team is continuously updating my crypto knowledge, so if any important details become available, I should have them soon. In the meantime, please feel free to choose another question or coin for analysis.