The memecoin mania has returned, with FLOKI and BONK leading the charge, showing explosive growth amidst overall market caution.
FLOKI Price Analysis
FLOKI’s price has increased by 32.63% in just 24 hours and 42.2% over the week, currently trading at $0.0001307 after breaking out from a critical resistance zone around $0.000088. The rally was supported by successful developments such as the Valhalla game achieving over 1 million transactions and 125,000 NFT mints on the opBNB mainnet. This surge allowed FLOKI to overcome its previous resistance at $0.00009681, now acting as new support.
Technically, the RSI has soared to 76.36. This suggests strong bullish momentum, although it may also indicate a potential reversal point. The next resistance for FLOKI lies around $0.000137, with the possibility to test $0.000168 if the momentum continues.
BONK Price Analysis
BONK has seen a price increase of 24.27% daily and 78.04% weekly, trading at $0.00003924 after surpassing a long-standing resistance at $0.00002434. The bullish sentiment was largely driven by Grayscale including BONK in its Q3 2025 watchlist, significantly boosting credibility. The BONK DAO also burned 100 billion tokens worth $3.4 million, tightening the supply amid increasing demand.
On the technical front, the RSI is at 85.92, indicating an overbought condition. However, traders remain undeterred as the price action targets the next resistance near $0.00004681. Additionally, the trading volume spiked by 60.78% in 24 hours to $2.41 billion, confirming robust market participation.
Conclusions
The current situation in the memecoin market, particularly for FLOKI and BONK, exhibits strong bullish signals supported by both technical and fundamental factors, while still requiring caution from traders.
