Back to top
  • 공유 Share
  • 인쇄 Print
  • 글자크기 Font size
URL copied.

FLOKI Dips After Webull Pay Listing Amid Volatile Trading

FLOKI Dips After Webull Pay Listing Amid Volatile Trading. Source: EconoTimes

FLOKI traded lower over the past 24 hours, closing at $0.00008946, down 1.87%, after swinging between a high of $0.00009435 and a low of $0.00008913. The meme token experienced significant volatility, initially rallying 4% during U.S. morning hours before reversing on strong profit-taking near the $0.00009400 resistance level.

Trading volume spiked to 95.85 billion tokens during the rally, over 56% higher than FLOKI’s daily average, signaling aggressive buying. However, as momentum faded, the volume gradually declined through the U.S. afternoon, suggesting that sellers regained control. The rejection near $0.00009350 was followed by a drop below the temporary support at $0.00009000, although the price managed to hold above $0.00008900 by session close.

The price movement followed a major announcement by the FLOKI team, confirming its listing on Webull Pay — a U.S.-based crypto platform with over 24 million users. This development is expected to improve liquidity and boost FLOKI’s accessibility among retail investors, supporting the project’s long-term vision to become a widely adopted and recognized cryptocurrency.

Despite the downward pressure, the token's ability to maintain support above the $0.00008900 level could indicate emerging buying interest as the market digests the news. A failed recovery near $0.00009016 highlights continued resistance from sellers, suggesting that FLOKI may face short-term consolidation unless buying volume increases.

Technical indicators show sharp intraday swings, elevated volume during the pullback, and clear rejection at higher levels, pointing to active distribution. However, the listing on Webull Pay may provide a longer-term bullish catalyst if new retail flows materialize.

With heightened volatility and increased exposure, FLOKI remains a closely watched asset in the meme coin market.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

Most Popular

Comment 0

Comment tips

Great article. Requesting a follow-up. Excellent analysis.

0/1000

Comment tips

Great article. Requesting a follow-up. Excellent analysis.
1