FLOKI Price Set for Major Surge Amid Token Burn and Market Optimism

FLOKI, a memecoin, could see a 24% breakout if it follows the recent bullish trend of PEPE, which reached an all-time high. FLOKI has shown a bullish flag pattern since November, and a move above the 78.6% Fibonacci level could push its price to $0.00035. Whale investors have increased their FLOKI holdings, suggesting confidence in a potential rally. However, a drop below $0.00020 would negate the bullish outlook. Technical indicators currently support a positive price momentum.