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Cryptocurrency News Articles

Floki Inu (FLOKI) Surges on OKX Listing, Riding a Wave of Exchange Activity, Social Buzz, and Renewed Whale Engagement

Mar 25, 2025 at 08:17 pm

NOIDA (CoinChapter.com) — Floki Inu (FLOKI) has seen a strong resurgence in late March 2025

Floki Inu (FLOKI) Surges on OKX Listing, Riding a Wave of Exchange Activity, Social Buzz, and Renewed Whale Engagement

NOIDA (CoinChapter.com) – Floki Inu (FLOKI) saw a strong showing in late March 2025 as the meme coin was getting listed on exchanges, heating up social media, and catching the attention of whales once again.

On March 25, Floki Inu was trading at $0.000164, up 14% in the last 24 hours and 27% in the last 7 days. However, the token was still down 35% from its monthly high, highlighting the fact that despite recent catalysts, the meme coin remained volatile.

One of the key parts of the recent momentum was the announcement that OKX would be listing the FLOKI/USD trading pair on March 24. The listing was confirmed at 11:05 UTC, but the price action started accelerating hours earlier.

According to data from blockchain analytics platform TokenGlass, whales began buying up large amounts of Floki Inu on March 22 with a $15,000 purchase. In the 24 hours to March 23, there was a net inflow of 300,000 FLOKI tokens on Ethereum.

OKX listing opens new fiat gateway, spurs meme coin accumulation

The new listing on OKX marked a critical milestone for Floki Inu as it offered the first direct fiat onboarding through the FLOKI/USD pair. This move positioned Floki Inu beyond the typical meme coin ecosystem, tapping into one of the most liquid exchanges in the world.

OKX’s global reach opened a gateway for retail traders who were previously excluded by crypto-only pairs, especially as meme coin speculation resurfaced amid broader market gains.

Whale behavior already began to reflect the potential upside. On-chain data showed a net inflow of 300,000 Floki Inu tokens across Ethereum wallets in the 24 hours to March 23. A single wallet buy-in of $15,000 on March 22 foreshadowed the move, highlighting bullish interest ahead of the listing. These movements coincided with a nearly 10% spike in price on March 24, suggesting that the listing acted as a confirmation trigger for speculative flows already in motion.

Despite the short-term hype, technical red flags remained. Meanwhile, other ecosystem developments—like the postponed Valhalla Mainnet launch and vague institutional ETP plans—were sidelined. Floki’s momentum appeared tied less to its long-term roadmap and more to short-term exchange-driven inflows and community speculation.

Floki price action: Ascending triangle pattern forms

Floki Inu appeared poised for a breakout as technical indicators highlighted an ascending triangle formation on the daily chart. The pattern—typically considered bullish—had formed over the past three weeks, with rising lows converging against a flat resistance line near the $0.000076 level.

As of 09:05 UTC on March 25, Floki was trading at $0.000067, slightly below the triangle’s horizontal boundary.

A confirmed breakout would pit Floki’s price against the immediate resistance at $0.000073, validating the ascending triangle setup and targeting the next resistance at $0.000079. The price target for the bullish setup was $0.000087, which would mean a spike of over 30%. Depending on breakout strength and volume confirmation, flipping the immediate resistance could target the broader range at $0.00010 to $0.00011.

The exponential moving averages (EMAs) were gradually aligning in support of the bullish bias. Floki was now trading above its 20-day EMA. A sustained close above both could increase upside pressure, especially if buyers maintained momentum through March’s final trading week.

However, traders should remain cautious. Failure to breach the upper boundary of the triangle may trigger a retest of the support trendline at $0.000064. A breakdown below this line could invalidate the bullish setup and expose the price to further downside. For now, the pattern favored the bulls, but confirmation remained key.

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Other articles published on Apr 02, 2025