FLOKI Surges Past $1B Market Cap After Robinhood Listing Sparks Fresh Rally

The Robinhood listing pushed FLOKI’s market cap to $1.09 billion, marking a significant leap in its market presence and visibility.

FLOKI is forming a short-term base, and a breakout above $0.00001250 could confirm further bullish momentum.

With forecasts of a 130% upside and a potential short squeeze, analysts suggest FLOKI could rally further in the near term.

FLOKI is trading higher today, with nearly double-digit gains and a market cap now exceeding $1 billion. The Robinhood FLOKI listing has added momentum to the rally, attracting new attention to the meme coin. The FLOKI price climbed over 6% today, reflecting renewed demand and growing optimism across the market.

Robinhood has listed FLOKI officially, and users can now trade the token on the platform. This progress considerably increases the attention and reach of FLOKI, especially to retail traders. After the listing activity, FLOKI has increased its market capitalization to about 1.09 billion.

The TradingView statistics prove that FLOKI has achieved a close to 10% intraday gain, indicating the token is not only strong in terms of price but also in volume. The listing marks a key milestone for FLOKI as it continues to transition from meme coin status to mainstream asset visibility. This move may also help sustain long-term liquidity across major exchanges.

Technically, FLOKI now trades near $0.00011384 and appears to be building a short-term base. The price rebounded from support near $0.00001000 after a recent correction from July highs. A close above $0.00001250 would likely confirm further upside continuation.

FLOKI Shows Strength After Period of Consolidation

Earlier in 2024, FLOKI struggled with declining momentum and limited volatility following its sharp drop in the first quarter. Between February and April, the coin entered a flat range with multiple failed breakout attempts. This phase ended as stronger buying pressure returned in May.

By June and early July, FLOKI reached a local high around $0.00001600, marking a technical breakout. The token then corrected but held support, which now acts as the foundation for the current rally. The latest price action signals the potential for a renewed uptrend if current momentum continues.

FLOKI’s current price activity suggests a possible shift in market sentiment. With the Robinhood catalyst in play, the coin now trades with improved technical structure. These conditions could sustain continued upside if volume remains consistent.

Analysts and Team Highlight FLOKI's Expansion

The Floki Inu team welcomed the Robinhood listing, noting it expands access to over 25 million users. The team emphasized that FLOKI is now positioned among major listed crypto assets. They described this development as a transition from meme token to broader movement.

The announcement has been received positively by market analysts, and they have cited the existence of untapped liquidity with prices above where they stood. The short squeeze may be experienced when the move proposed by one of the analysts brings sooner-than-expected price acceleration. Another projected an upside target of $0.00027, suggesting FLOKI could gain over 130%.

As FLOKI ranks as the eighth largest meme coin and 74th in overall market cap, the Robinhood listing could mark a turning point. The listing enhances visibility and trading access, both of which support stronger price action. Continued market engagement may determine whether this rally extends in the coming weeks.

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