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Cryptocurrency News Articles

Here’s Why FLOKI Price Is Pumping

Apr 29, 2025 at 05:00 pm

FLOKI price has been on a tear lately, up over 50% in the past week and climbing another 7% in just the last 24 hours.

Here’s Why FLOKI Price Is Pumping

The price of FLOKI has been on a tear lately, up over 50% in the past week and another 7% in just the last 24 hours. That kind of move doesn’t go unnoticed, and traders across the market are starting to pay attention. Trading volume has jumped by more than 130%, a clear sign that interest in FLOKI is heating up as it approaches a key resistance level.

While many meme coins are still floundering, FLOKI is breaking away from the pack. A mix of strong technical signals, growing momentum, and fresh project updates is fueling the rally. One new partnership, in particular, has caught the eye of the market, and it might just be the catalyst for an even bigger breakout.

Floki Partnership with Rice Robotics Fuels Optimism

Floki has announced a partnership with Hong Kong-based Rice Robotics to launch the FLOKI AI Robot, an autonomous AI companion device. The collaboration is part of FLOKI’s broader push to expand brand visibility and build utility in emerging technology sectors.

Bitcoin to New Highs? Yes, But There’s a Delay You Need to Know About

“$FLOKI partnering with @realRiceAI is another reason to be bullish. This AI-powered companion robot is one out of many I’m sure we will see here in the near future and the fact that $FLOKI has partnered with one of the first ones really speaks volumes to the teams dedication to expanding the brand and building utility in emerging technology sectors.”

Rice Robotics will also issue a new $RICE token through TokenFi’s Launchpad. FLOKI and TOKEN holders will be eligible for an airdrop of $RICE, while TOKEN stakers will have access to the sale event.

FLOKI Price Breakout from Descending Channel Spurs Bullish Momentum

Floki price was stuck in a downward trend from December 2024 until mid-April, with the price making lower highs and lower lows. Then it broke out of this pattern and started moving up, forming higher lows with strong upward movement.

Right now, the price is testing resistance between $0.000097 and $0.00011. This level aligns with what prominent analyst CW referred to as a “sell wall” on X. If FLOKI price breaks above $0.00011 with volume, the next area of resistance lies around $0.000145, where price history shows limited supply.

FLOKI Volume Growth and Support Levels

Trading volume has surged in tandem with price, rising by over 130%. This confirms the move is being driven by real participation rather than isolated speculative spikes. Looking lower, support exists around $0.000082-$0.000085, with stronger historical support at $0.54-$0.000058.

If Floki price hits resistance at $0.0011, it might fall back to these areas and stabilize before potentially climbing again. The volume trend, however, continues to support bullish momentum for now.

Disclaimer:info@kdj.com

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Other articles published on Apr 30, 2025