Memecoins Gone Wild: Can FLOKI and BONK Keep the Party Going?

by

It’s that time again, folks! 🎉 The memecoin mania has returned, and FLOKI and BONK are leading the charge like a pair of jesters on a mission from God. While the rest of the market is strolling along, cautiously sipping tea and nibbling on crumpets, these two assets are delivering double-digit gains like they’re going out of style. 🚀

But, as we all know, what goes up must come down… or does it? 🤔 As trading volumes surge and momentum builds, traders are wondering if this bullish momentum can push both coins to fresh local highs, or even retest all-time highs. Well, buckle up, folks, and join me on this wild ride as I attempt to decode the madness. 🎢

FLOKI Price Analysis:

FLOKI has seen a rather impressive 32.63% price increase in just 24 hours, with a weekly gain of 42.2%. It’s currently trading at $0.0001307, after breaking out from a critical resistance zone around $0.000088. And what’s driving this surge, you ask? Well, it’s all thanks to a series of bullish developments, including the play-to-earn game Valhalla crossing 1 million transactions and 125,000 NFT mints on the opBNB mainnet. 🚀

On the technical front, RSI has soared to an overbought score of 76.36. But don’t worry, folks, this often reflects strong bullish momentum rather than an imminent reversal in memecoin rallies. The next resistance for FLOKI lies around $0.000137, with potential to test $0.000168 if the momentum persists. 🤞

BONK Price Analysis:

BONK is outpacing most of its rivals with a 24.27% daily and 78.04% weekly price rally. Trading at $0.00003924, BONK surged past a long-standing resistance at $0.00002434. And what’s behind this surge? Well, it’s all thanks to Grayscale adding BONK to its Q3 2025 watchlist, a massive credibility boost. Plus, the BONK DAO burned 100 billion tokens worth $3.4 million, tightening supply amid growing demand. 🔥

Technically speaking, the RSI is at 85.92, well into overbought territory. But traders seem unfazed, as the price action targets the next resistance near $0.00004681. The 60.78% spike in 24-hour trading volume to $2.41 billion confirms strong market participation. If bullish momentum holds, BONK could also aim for its ATH of $0.00005916. 🚀

FAQs

Is it too late to buy FLOKI or BONK now?

Well, both tokens are in overbought zones, so caution is advised. Short-term dips could offer better entries. 🤔

Why is FLOKI’s price up today?

Key drivers include the success of FLOKI’s Valhalla game, NFT mints, and a technical breakout above resistance. 🚀

Why is BONK gaining more than other memecoins?

BONK’s surge is backed by Grayscale’s endorsement, a large token burn, and increased ecosystem activity. 🔥

Read More

2025-07-17 10:40