FLOKI Surges 25% After Musk AI Video as Volume Spikes
FLOKI surged over 25% in a single day, rising from $0.000066 to a peak of $0.000088 after Elon Musk posted an AI-generated video of a Shiba Inu dog on X, declaring “Flōki is back on the job as X CEO!”. Trading volume jumped more than 700% to $536.9 million, roughly 75% of its market cap.
The rally was driven purely by Musk’s social-media influence, as Dogecoin (DOGE) remained stable and even dipped below $0.20. At press time, FLOKI traded around $0.00007316. Analysts warn that without substantive project updates—such as the Valhalla NFT game or FlokiFi DeFi platform—the meme coin may retrace below $0.00007 once hype fades. Previous pumps, including an August Robinhood listing, also lacked sustained momentum.
Neutral
The news is neutral for FLOKI’s price outlook. While the token saw a sharp 25% rally and massive volume spike driven by Elon Musk’s AI video post, it lacks fundamental catalysts. Without new project developments or listings, the hype-driven pump is likely to fade, leading to a potential retracement below recent highs. Traders may see short-term gains but should remain cautious of a pullback once social-media attention wanes.