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#FLOKI FLOKI's recent momentum indicates a potential turning point
FLOKI has gained significant momentum recently. The token has risen 21.7% in the past 24 hours, easily surpassing the broader market, and has increased by 42% over the past week. Although still 70% below its all-time high, buying pressure is sending a different signal.
Several factors are driving this rebound. Trading volume of the European FLOKI ETP surged by 425% and broke through $517M , indicating renewed institutional interest in the token. On the technical side, FLOKI successfully reclaimed the key $0.000050 level — this breakout has reignited trader confidence after months of consolidation.
Notably, FLOKI's narrative has shifted. The project is pivoting strongly toward gaming and DeFi applications, moving beyond its origins as a meme coin. This diversification into practical use cases may be fueling a new wave of demand.
The combination of strong ETP inflows, decisive technical breakthroughs, and an expanding ecosystem of use cases suggests that the bulls may have more room to run.