FLOKI surges 11% after Robinhood listing boosts retail exposure

FLOKI surged over 11% to $0.000118 following its listing on Robinhood on August 8, 2025. The price briefly retreated to $0.000117 later in the session but remained above its pre-listing level. This development marked a key milestone for the meme coin, as the listing on the U.S.-based platform exposed the asset to over 25 million retail traders, significantly expanding its potential investor base. Trading volume saw a 125% increase within the past 24 hours, reflecting heightened market interest and improved liquidity [1].

On-chain activity showed a mixed landscape. Whale holdings declined from 30.5 billion tokens at their monthly peak to 28.94 billion, suggesting that some large investors had taken profit amid the price rally [1]. Meanwhile, the amount of FLOKI tokens held on exchanges fell by 5.1% from the previous month, reaching 2.12 trillion tokens. This reduction in circulating supply could support further price gains by limiting immediate selling pressure [1].

Derivatives data from CoinGlass also pointed to growing speculative interest. Futures open interest for FLOKI rose by 20% in 24 hours, reaching $53.6 million. This increase from a monthly low of $40.2 million indicates stronger positioning among traders betting on FLOKI’s potential for further gains [1]. The long/short ratio stands at 0.86, meaning short positions currently outweigh long positions, potentially setting the stage for a short squeeze should the price continue to climb.

Technical indicators aligned with the bullish momentum. On the daily chart, FLOKI broke out of a falling wedge pattern on August 4, surpassing the $0.000107 resistance level. This breakout is typically seen as a reversal signal, indicating the end of a downward trend. The Moving Average Convergence Divergence (MACD) was approaching a bullish crossover, and the Relative Strength Index (RSI) had climbed to 53, suggesting moderate strength in the upward move [1].

On the 4-hour chart, FLOKI confirmed a breakout from a double-bottom pattern, with the price rising above the $0.000113 neckline. This formation developed after multiple tests of support at $0.000098, each with increasing volume and momentum. Technical projections suggest a short-term target of $0.000146, representing approximately 25% upside from current levels [1]. A drop below the $0.000098 level would invalidate the bullish case and could trigger a downward correction.

FLOKI’s market capitalization has now reached $1.12 billion, placing it as the eighth-largest meme coin and the 104th-largest cryptocurrency overall. The listing on Robinhood, combined with strong on-chain metrics and technical signals, has contributed to FLOKI’s renewed relevance in the broader crypto market. With a growing ecosystem that includes metaverse, DeFi, and educational initiatives, the project is aiming to establish a more diversified foundation beyond its origins as a meme token [1].

The current momentum appears driven by both retail enthusiasm and speculative positioning, though long-term success will depend on continued innovation and broader market conditions.

Source:

[1] Robinhood Listing Drives 11% Price Increase for Floki Inu – CoinCentral (https://coincentral.com/robinhood-listing-drives-11-price-increase-for-floki-inu/)

[2] FLOKI is experiencing a technical breakout following its recent listing on Robinhood, with a price increase of over 11% and significant trading volume growth – The (https://m.economictimes.com/crypto-news-today-live-08-aug-2025/liveblog/123173392.cms)