Floki Inu Coin ($FLOKI) is surging on renewed momentum, climbing more than 35% in the past 24 hours to trade around $0.000108. The rally comes on the back of a major milestone: the launch of Europe’s first FLOKI ETP on Sweden’s Spotlight Stock Market.
With daily volumes spiking by over 370% to $467 million and sentiment intensifying on social channels, traders are now eyeing the next breakout levels. Could FLOKI push toward $0.00015, about a 36.8% surge from current levels, in the near term, or will sell walls cap its upside?
Why Floki Inu Price Is Up Today
On October 3, Valour launched the Valour Floki (FLOKI) SEK ETP, marking the first regulated FLOKI product in Europe. The listing enables both institutions and retail investors to gain secure, MiCA-compliant exposure to FLOKI coins without direct token custody.
Over 16 billion FLOKI tokens were allocated as liquidity, ensuring transparency and accessibility. Analysts note that regulated listings historically improve liquidity and legitimacy, similar to Bitcoin ETFs in the U.S.
Another reason why the Floki Inu Coin is going up today is that BNB is reaching a new ATH of $1,113, lifting sentiment across the ecosystem. While BNB price gained 5.5%, FLOKI’s volume exploded by over 366%, suggesting token-specific catalysts are dominating.
As FLOKI is the top BNB Chain memecoin, the spillover effect from BNB’s growth remains a secondary, but supportive driver.
Furthermore, FLOKI has been one of the strongest performers in the past 24 hours, topping gainers on both Binance and CoinMarketCap and outpacing rivals such as Dogecoin, Pepe, Aster, and OKB.
Floki Coin Technical Analysis: Key Levels to Watch
Currently, FLOKI price is trading at around $0.000108, after reaching a high of nearly $0.000115 today. The coin has moved past the sideways trading trend seen in September, with increasing trading volumes indicating that buyers are currently in control. Immediate support is at $0.000086, with another support level forming around $0.000095.
Momentum indicators show a positive trend for buyers. Trading volume is almost four times higher than the average over the past few weeks. The RSI is rising but has not yet reached overbought levels, and FLOKI is trading above its 50-day and 200-day moving averages.
Opinions are mixed on the Floki price prediction. Some, like Erick Crypto B, believe this breakout could drive FLOKI up to $0.00015 or more.
Conversely, trader CW highlights a sell wall at $0.000123, which may hinder progress in the short term.
If FLOKI breaks through this level, it could rise to between $0.00015 and $0.00020. However, if it fails to break through, the price may drop back towards the $0.000095 area.
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