FLOKI is turning heads again, and for good reason. Unlike most meme coins still trying to reclaim past glory, FLOKI price has already hit a fresh all-time high during this cycle. That’s something even heavyweights like Dogecoin (DOGE) and Shiba Inu (SHIB) haven’t managed yet. A tweet from crypto analyst Unipcs, better known as “Bonk Guy,” highlighted this rare achievement and explained why FLOKI might be one to watch if the memecoin hype kicks off again.
Looking at the chart, FLOKI’s journey has followed a pretty familiar crypto pattern. After a massive pump in early 2022 and the inevitable crash, the price of FLOKI settled into a long stretch of sideways movement throughout 2022 and most of 2023. Then, late last year, it broke out in a big way, smashing through previous highs and setting a new ATH.
Since then, though, the price has cooled off. It’s gone through two clear distribution phases and dropped around 80% from its top. But now, FLOKI price is hovering near a support zone that’s been key in the past, between $0.00001500 and $0.00001700. These levels have triggered big moves before, and with RSI climbing out of oversold territory, there are early signs that momentum might be building again.
What you'll learn 👉
FLOKI Market Presence and Accessibility
Unipcs’ tweet outlines factors that may support FLOKI’s market position moving forward. The token is recognized as the largest meme coin on the BNB Chain, which continues to see strong on-chain activity. FLOKI is also widely accessible through major platforms, including Binance, Coinbase, Robinhood EU, and Revolut. This level of availability may contribute to its traction among retail traders.
Moreover, FLOKI is preparing to launch an exchange-traded product (ETP) on one of Europe’s largest stock exchanges. This development could broaden its investor base by enabling exposure through traditional financial markets.
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FLOKI Historical Context and Memecoin Survivability
According to the tweet, only three meme coins; DOGE, SHIB, and FLOKI, have maintained relevance across multiple market cycles. Among them, FLOKI price is the only one to surpass its previous peak during the current cycle. This detail sets it apart and may influence investor sentiment if meme coin narratives return to the spotlight.
Furthermore, the current 80% drawdown from ATH presents a wide risk/reward margin for potential buyers. Combined with technical support zones and increased market exposure, FLOKI is positioned as a potential contender in any upcoming meme coin-driven rally. While FLOKI price future performance will depend on broader market conditions, existing indicators suggest that it is one of the few meme assets maintaining both structural strength and active development.
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