How Elon Musk Triggered 27% Floki Inu (FLOKI) Price Rally

Floki Inu FLOKI $0.000081 24h volatility: 19.8% Market cap: $784.02 M Vol. 24h: $472.92 M price rallied 20%, reaching a 10-day peak of $0.00009 on Oct. 20, propelled by a cryptic post by Elon Musk. The billionaire Dogecoin aficionado posted a video with an image of the Shiba Inu dog Floki as the CEO of X, formerly Twitter.

Floki Price Rally: Elon Musk’s X Post Sparks 20% Surge

Within hours of Elon Musk’s post on Oct. 20, Floki Inu price spiked by 27%, reaching approximately $0.00009, with its market cap crossing $830 million, its highest since Oct. 10. While the Floki price has retreated toward $0.000083 at press time, traders remain optimistic of larger gains.

Flōki is back on the job as 𝕏 CEO! pic.twitter.com/Zu29Dos24r

— Elon Musk (@elonmusk) October 20, 2025

A link attached to the post directed users to a newly launched app that allows users to create similar AI-generated videos.

While Elon Musk is better known for his long-term support of Dogecoin DOGE $0.20 24h volatility: 1.3% Market cap: $30.16 B Vol. 24h: $2.08 B , the Forbes 2025 World’s Richest Man has also interacted with the Floki community in the past.

When he stepped down as Twitter CEO in 2023, following a controversial $44 billion acquisition a year earlier, he jokingly referenced Floki as his replacement, sparking a 140% price rally on the day.

According to CoinMarketCap data, Floki’s trading volume reached $540 million at the time of reporting, up 802% in the last 24 hours.

how many Xs did $FLOKI pump the last time Elon did this btw?

IIRC he went on a rampage posting several 'Floki as X CEO' tweets and memes shortly after

and was even excitedly talking about how it's cool that his dog was running Twitter on mainstream TV

would be ironic if we get… https://t.co/f39VOv13PV

— Unipcs (aka 'Bonk Guy') 🎒 (@theunipcs) October 20, 2025

Community speculation remains rife. A pseudonymous user “Bonk Guy” expressed optimism of a repeat triple-digit rally, echoing the dominant narrative in the comment section to Elon Musk’s post.

Floki Price Forecast: Can MACD Confirm a Falling-Wedge Breakout Toward $0.00035?

Floki’s 3-day price chart reveals a falling wedge pattern. This indicator typically indicates more volatile upside moves ahead. Floki price action sits near $0.0000829, with the MACD lines sitting slightly below zero but the histogram has tightened, confirming buyers regaining control. Another bullish crossover (blue line crossing above red) on the daily/3-day timeframe would confirm another leg-higher.

A decisive break and weekly close below the wedge support around $0.00006 invalidates the bullish momentum. The Bull-Bear Power (BBP) readings are marginally negative but flattening, indicating sentiment is mixed rather than decisively bearish.

If FLOKI posts a decisive close above $0.00015 with a confirmed MACD crossover and rising volume, the next major resistance lies at $0.00011 with an extended target near $0.00037 if falling wedge target is validated.

Conversely, a weekly close below the wedge floor around $0.00005 would invalidate the bullish Floki price forecast and heighten risks of a reversal toward $0.00004.

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