FLOKI, a memecoin, surged by 12.1% in a 24-hour period, moving from $0.0000815 to $0.0000915, surpassing the broader CoinDesk 20 market index which only increased by 1.4%. The trading volume for FLOKI soared to 274.1 billion tokens at 16:00 UTC, nearly five times its normal average, indicating robust market interest. Key resistance levels were broken, suggesting potential institutional accumulation and bullish sentiment. During a particular timeframe from 12:00 to 13:00 UTC, strong support formed at $0.0000851, facilitating a breakout above the resistance level of $0.0000880. Furthermore, the price experienced a volatility level of 16.8%, with the trading range hitting $0.0000136. The recent price movements are attributed to the official launch of Valhalla, a blockchain-based game that integrates FLOKI tokens into its in-game economy.

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