Floki price Surges Over 30% After Elon Musk’s Tweet

Floki Price Breaks Resistance as Musk’s Tweet Fuels Bullish Momentum

Floki price, a meme coin, has seen a strong surge of over 30% in the last 24 hours following renewed market optimism. Elon Musk tweeting about the virality of the rally, a significant technical breakout, and a momentum wave throughout the memecoin field all caused the rally. This is a sharp reversal of the meme coin following a recent market pullback, which made it one of the strongest crypto gainers.

Floki Price Soars 30% After Elon Musk’s Tweet Sparks Market Frenzy

Elon Musk once again contributed to the active force of speculative excitement. He posted a Grok AI-generated video of his dog on October 20, 2025, with the text, Floki is back on the job as 0 CEO! The retail traders immediately noticed the post, which was directly connected to the brand identity of the meme coin. 

Consequently, the volume in derivatives trading increased by 663% and the open interests surged by 165% which was an indication of new speculative demand.

Technically, the Floki price has regained a significant level of resistance, which is a justified confirmation of the presence of a bullish price breakage trend that has been progressing over several weeks. 

This action is what brought in more momentum traders and added positive momentum in the category of meme tokens. The slight recovery of the wider market, increasing 2.32% also contributed to the boom of meme coin.

The trading volume of the coin rose 660.86% within the past 24 hours to stand at 436.8 million, and its market capitalization rose 26.35% to 818.64 million. 

The sudden rise shows that investor confidence is increasing and that investors are willing to take more risks with their investments in high-reward, high-risk assets. As Musk and his influence, as well as his technical power, agree, the meme coin might experience an increase in volatility in the next several sessions.

Is FLOKI Preparing for a Bigger Breakout?

As of the reporting time, the FLOKI price traded at $0.00008761 after a strong surge in the last 4-hour session. The recent positive trend has pushed the token nearer to the major resistance level at around 0.00010000, indicating new interest in buying by traders.

The MACD indicator indicates that there was a crossover of the MACD line, which shifted above the signal line. The positive momentum has also been confirmed by the positive histogram.

In the meantime, the Relative Strength Index (RSI) is at 81.05, which is already in the overbought category in the short term. Although this is a sign of good momentum, there is also some indication of a near-term correction/consolidation and then an upward leg.

Any obvious upswing above $0.0001 would leave the upper hand open to higher profits, and a lack of success in maintaining above $0.00008 may lead to immediate profit-taking.