Floki Skyrockets 85% in a Month: Is $0.0002 Just Around the Corner?

Floki isn’t just barking—it’s biting chunks out of the market. A blistering 85% rally in 30 days has traders scrambling. Meme coin or not, this dog’s got teeth.

When moon? The $0.0002 target looms large. Retail FOMO meets institutional side-eye as Floki defies gravity—and maybe logic. Another day, another crypto plot twist where fundamentals take a backseat to vibes.

Wall Street analysts clutch their pearls while degens count lambo configurations. Will this end in tears or triumph? Place your bets—the house always wins.

What’s Behind Floki’s 85% rally? When Will It Hit $0.0002?

FLOKI’s rally came amid a market-wide surge. Bitcoin (BTC), XRP, and BNB hit new all-time highs over the last two weeks. The crypto market experienced one of its most significant rallies in recent times earlier this month. The market registered a pullback over the last few days, but has since witnessed a rebound. The rally earlier this month was likely due to pro-crypto legislation being passed in the US and increased inflows into crypto-based ETF products.

FLOKI’s rally brought it back into the top 100 projects by market cap. The memecoin slipped out of the top 100 projects after a price dip over the last few months. While the rally is commendable, FLOKI is still down by 61.6% from its all-time high of $0.0003449. The coin hit its peak in June 2024, a little more than one year ago.

According to CoinCodex’s analysis, FLOKI could continue to rally over the next month. The platform anticipates the asset to hit the $0.0002 mark on Sept. 17. Hitting $0.0002 from current price levels will entail a rally of about 50%.

There is a possibility that FLOKI will face a correction over the coming days. We may see increased volatility next week. Investors may look for clues on the Federal Reserve’s monetary policy. The Federal Open Market Committee (FOMC) meeting is scheduled for July 29. Market participants will likely wait for the meeting minutes before taking positions.