{"id":7201,"date":"2025-08-08T09:25:07","date_gmt":"2025-08-08T09:25:07","guid":{"rendered":"https:\/\/bitunikey.com\/news\/floki-rallies-after-robinhood-listing-heres-why-it-could-climb-even-higher\/"},"modified":"2025-08-08T09:25:31","modified_gmt":"2025-08-08T09:25:31","slug":"floki-rallies-after-robinhood-listing-heres-why-it-could-climb-even-higher","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/floki-rallies-after-robinhood-listing-heres-why-it-could-climb-even-higher\/","title":{"rendered":"FLOKI rallies after Robinhood listing, here\u2019s why it could climb even higher"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">FLOKI is on the verge of a technical breakout, driven by its recent listing on the popular U.S. trading platform Robinhood.<\/p>\n<div id=\"cn-block-summary-block_95d0c0c304c8a880973c3527c2dd5c90\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>FLOKI rose over 11% to $0.000118 on Aug. 8 after debuting on U.S.-based trading platform Robinhood.<\/li>\n<li>Whale holdings fell to 28.94 billion tokens from a monthly peak of 30.5 billion.<\/li>\n<li>Technical signals show breakouts from a falling wedge and double-bottom pattern.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p class=\"is-style-default\">According to data from crypto.news, Floki (FLOKI) climbed over 11% to $0.000118 on Aug. 8 during morning Asian trading before easing slightly to $0.000117 at press time.\u00a0<\/p>\n<p>Today\u2019s price action was marked by a sharp increase in daily trading activity, with volume up 125% in the past 24 hours.<\/p>\n<p>FLOKI now ranks as the eighth-largest meme coin with a market capitalization of $1.12 billion, trailing behind Official Trump (TRUMP) and SPX6900 (SPX). In the broader market, it sits as the 104th-largest cryptocurrency by market cap.<\/p>\n<p>The primary driver behind FLOKI\u2019s gains today is its debut on the U.S.-based trading platform Robinhood.<\/p>\n<p>In an X post, Floki\u2019s team described the move as a \u201chuge step forward,\u201d noting that it opens access to more than 25 million users on one of the world\u2019s most influential retail trading platforms.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24FLOKI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$FLOKI<\/a> is Now Listed on the Robinhood App<\/p>\n<p>This marks a huge step forward for Floki, unlocking access to 25+ million users on the most influential retail trading platform in the world.<\/p>\n<p>Floki has gone from a meme to a movement, and now it&#8217;s sitting alongside the most recognizable\u2026 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/iAdne5mgZe\" target=\"_blank\">https:\/\/t.co\/iAdne5mgZe<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/5ka7ZHMTWi\" target=\"_blank\">pic.twitter.com\/5ka7ZHMTWi<\/a><\/p>\n<p>\u2014 FLOKI (@FLOKI) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/FLOKI\/status\/1953443162954801171?ref_src=twsrc%5Etfw\" target=\"_blank\">August 7, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Historically, exchange listings often trigger short-term price spikes, though momentum can fade as speculative buying cools.<\/p>\n<p>However, the listing coincides with mixed on-chain signals. Nansen data shows that whale holdings have dropped from a monthly peak of 30.5 billion tokens to 28.94 billion, indicating some large holders have been selling into strength.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.nansen.ai\/token-god-mode?tokenAddress=0xcf0c122c6b73ff809c693db761e7baebe62b6a2e&amp;chain=ethereum&amp;tab=whales\" target=\"_blank\">Nansen<\/a><\/figcaption><\/figure>\n<p>Conversely, the amount of FLOKI held on exchanges has fallen to 2.12 trillion tokens, a 5.1% decrease compared to last month, suggesting reduced immediate selling pressure and potential tightening of circulating supply.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>In derivatives markets, sentiment appears more optimistic. CoinGlass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/FLOKI\" target=\"_blank\">data<\/a> shows futures open interest surged 20% over the past 24 hours to $53.6 million, up from this month\u2019s low of $40.2 million. Rising open interest, especially during an uptrend, often signals that traders are positioning for further upside.<\/p>\n<p>The long\/short ratio stands at 0.86, which indicates that short positions currently outnumber longs. If prices continue to climb, this positioning could set the stage for a short squeeze as traders rush to cover losses.<\/p>\n<h2 class=\"wp-block-heading\">Floki price analysis<\/h2>\n<p>On the daily chart, FLOKI had been trading within a falling wedge pattern since late July. A falling wedge is typically considered a bullish formation, as it signals that downward momentum is weakening. A breakout above the upper trendline of this pattern often marks the start of a trend reversal and can lead to sustained upside in the short term.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"888\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1754645107_873_FLOKI-rallies-after-Robinhood-listing-heres-why-it-could-climb.png\" alt=\"FLOKI rallies after Robinhood listing, here\u2019s why it could climb even higher - 2\" class=\"wp-image-14403876\"><figcaption class=\"wp-element-caption\">FLOKI price, MACD and RSI chart \u2014 Aug. 8 | Source: crypto.news<\/figcaption><\/figure>\n<p>FLOKI confirmed the breakout on Aug. 4 when it moved above the wedge resistance at $0.000107.\u00a0<\/p>\n<p>Momentum indicators support the bullish shift. The MACD line is on the verge of crossing above the signal line, with diminishing red histogram bars pointing to fading bearish pressure.\u00a0<\/p>\n<p>Similarly, its RSI has rebounded from oversold territory to 53 at the time of writing, indicating that buying strength is returning without the market yet entering overbought conditions.<\/p>\n<p>On the 4-hour chart, FLOKI has broken above the neckline of a double-bottom pattern at $0.000113. This setup emerged after the token repeatedly held support near $0.000098, rebounding each time with stronger momentum.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1827\" height=\"888\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1754645107_466_FLOKI-rallies-after-Robinhood-listing-heres-why-it-could-climb.png\" alt=\"FLOKI rallies after Robinhood listing, here\u2019s why it could climb even higher - 3\" class=\"wp-image-14403877\"><figcaption class=\"wp-element-caption\">FLOKI has confirmed a breakout from a double-bottom pattern on the 4-hour chart \u2014 Aug. 8 | Source: crypto.news<\/figcaption><\/figure>\n<p>A double bottom is typically seen as a bullish reversal signal, suggesting steady buying interest and improving sentiment, in line with the bullish structure already visible on the daily timeframe.<\/p>\n<p>Based on this confluence of bullish technical signals, the most probable near-term target for FLOKI is $0.000146, which represents the projected move from the breakout and sits roughly 25% above the current price.\u00a0<\/p>\n<p>On the other hand, if it drops below $0.000098, it would invalidate this setup and open the doors for a deeper correction.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FLOKI is on the verge of a technical breakout, driven by its recent listing on the popular U.S. trading platform Robinhood. Summary FLOKI rose over 11% to $0.000118 on Aug.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5925,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=7201"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7201\/revisions"}],"predecessor-version":[{"id":7202,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7201\/revisions\/7202"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5925"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=7201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=7201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=7201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}