$FLOKI is positioned for a strong move based on both fundamentals and technicals.
On-chain metrics are showing accumulation, and what this means is that whale addresses have increased by 12% over the past 60 days while exchange reserves continue to decline, indicating reduced sell pressure and potential supply shock ahead
Technical setup is bullish, $FLOKI has held key support at the 200-day EMA across multiple timeframes, forming a descending wedge pattern—a classic bullish reversal setup. RSI shows hidden bullish divergence on the weekly, suggesting momentum is shifting.
Unlike pure meme plays, $FLOKI has revenue-generating products: Valhalla metaverse (NFT marketplace integration), FlokiFi locker (generates protocol fees), and Floki staking (reduces circulating supply). Real utility = sustainable price action.
