FLOKI price is turning heads today after jumping over 21% over the past day, making it the second-biggest gainer after $CVR. Right now, it’s trading around $0.0001336, and what’s even more impressive is that its trading volume has exploded up nearly 300% since yesterday.

Part of the excitement comes from a bullish chart shared by Team LAMBO Charts on X (formerly Twitter). They pointed out a strong reversal pattern that suggests the trend could be shifting upward. At the same time, a post from the parody account ElonMuskPDA helped boost FLOKI’s visibility, highlighting an upcoming ETP listing and the project’s non-stop real-world marketing push.

$FLOKI well on it's way to ATH, just like I predictedWhy it matters?– Floki is steadily becoming the most recognized crypto brand in the world due to 4 years of non-stop aggressive IRL advertising– Only memecoin from last cycle to hit a new ATH this cycleAnd a fkn ETP…

— Not Elon Musk (@ElonMuskPDA) July 17, 2025

Another major reason for the pump? Regulation. On July 17, FLOKI became the first crypto project to officially file a MiCAR-compliant white paper with the European Securities and Markets Authority (ESMA). Thanks to this move, and a partnership with Liechtenstein’s LCX exchange, FLOKI now has a clear path to appear on EU-regulated exchanges.

This step not only lowers the legal risk for institutions but also adds legitimacy to the project. And the market noticed. Within hours of the news, FLOKI price jumped 15%, signaling that this regulatory move could be a game-changer for the memecoin’s long-term strategy.

Memecoin Momentum Lifts Market Demand

FLOKI price rally also coincides with broader strength across the memecoin sector. The Altcoin Season Index has climbed 81% over the past month, suggesting capital rotation into lower-cap assets. After a 45-day correction, the total memecoin market capitalization rebounded by $14.8 billion.

Futures data supports this momentum. FLOKI’s open interest reached an all-time high of $76.7 million, reflecting an 88% surge in just 24 hours. Funding rates have remained positive throughout the move, indicating long-biased trader positioning. The shift in sentiment comes as Bitcoin and Ethereum also posted gains of 1.66% and 9%, respectively.

Read Also: DOGS Could Be Next Meme Coin to Explode: See What’s Building Up

Floki Price Dual Reversal Pattern Signals Technical Breakout

According to Team LAMBO Charts, FLOKI has completed a rare dual reversal structure consisting of a double bottom and an inverse head and shoulders. 

Both patterns feature a neckline at $0.0001545–$0.0001700, which has now become support from resistance. A huge volume spike validated the breakout with uniform demand displayed.

Source: X/TeamLamboCharts

The technical setup boasts Fibonacci extension levels at $0.0001965, $0.0002375, and $0.0002898. They align with previous high-volume nodes, serving as likely price destinations in the event of continued bullish momentum. The break is from a long-term downtrend line in effect since 2023, adding to the structure-based strength of the current move.

FLOKI Community Visibility and External Factors

While technicals and fundamentals provided the foundation, community engagement remains a visible catalyst. A tweet by parody account ElonMuskPDA referred to FLOKI as “well on its way to ATH,” citing its aggressive marketing history and an upcoming ETP launch on a Swiss stock exchange. The post received strong engagement, reinforcing FLOKI’s position as one of the most recognized brands among memecoins.

The FLOKI price appreciation today is a reflection of structural, regulatory, as well as speculative motivations. Technical analysts will continue to refer to breakout targets as overall market conditions and mood shift facilitate price continuation or retracement.

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The post Here’s Why FLOKI Price Is Pumping appeared first on CaptainAltcoin.