According to analyst reports, there is a chance of a technical breakout for Floki Inu (FLOKI). Volume has increased with bullish momentum building, which could lead to a Floki Inu price increase of more than 270% for the meme coin in the coming weeks.
Crypto Market Pumps, Altcoins Follow
The entire cryptocurrency market has seen a slight surge, leading to price increases for Bitcoin and Ethereum. Bitcoin’s price shifted from $88,000 to $94,000, while ETH’s price moved from under $1,600 to over $1,800 during the same period.
Some expect that the upcoming bull market could lead to an alt season. While this phase traditionally arrives in the first quarter following a Bitcoin halving year, 2025 has so far defied that pattern. Instead of an immediate alt season, investors saw an early and aggressive Bitcoin price rally that stalled midway through the first quarter, delaying the rotation into smaller-cap coins.
Now that the correction phase for BTC is potentially coming to a close, altcoins and meme coins like FLOKI are starting to shine again.
Floki Inu Price Breaks Out in Volume
Floki Inu is a meme-inspired token that gained massive popularity during previous cycles. Over the past 24 hours, it has seen a breakout in trading volume.
This volume breakout is the first major sign that FLOKI may be up for an upward move. Analysts project that if the current performance continues, FLOKI could rally by over 270%. This would bring the price of the FLOKI Inu Coin to approximately $0.00027 in the near term if a price breakout succeeds, according to crypto analyst Javon Marks.
At the time of writing, the price of FLOKI is at $0.000067, with a market cap of more than $648 million. It has a 24-hour trading volume of over $138 million. This price indicates potential for a significant increase, especially considering its trending market cap and volume. Technical indicators show increasing buying pressure. The asset is nearing a potential breakout zone on its price chart.
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