Key Highlights

• FLOKI has been listed on Webull Pay, giving access to 24 million retail investors.
• Market volatility led to fluctuations exceeding 6% during the day, particularly around the resistance of $0.00009435.
• Despite challenges in re-establishing higher prices, FLOKI managed to close around $0.00008946, staying above session lows.

Market Activity

FLOKI trading has exhibited a notable range, fluctuating from a high of $0.00009435 to a low of $0.00008913, ultimately settling at approximately $0.00008946, marking a decrease of 1.87%. The daily trading volume peaked at 95.85 billion tokens, surpassing FLOKI’s usual daily average by over 56%.

FLOKI trading scenario

Impact of Webull Listing

FLOKI’s price action aligns with a significant development shared by the team today: its listing on Webull Pay, enhancing liquidity and potentially increasing the token holder base. Despite a slight dip during the day, it maintained a position above $0.00008900, indicating possible support as traders adjusted to the news.

Technical Insights

• FLOKI demonstrated notable volatility between key price levels of $0.00008900 and $0.00009400.
• Post-09:00 UTC, substantial volume decline followed initial session gains.
• Selling pressure intensified above $0.00009350, with continuous rejections at this ceiling.
• In conclusion, while the price held steady above $0.00008900, the market remains cautious as the implications of the listing are digested.