FLOKI and BONK Ignite New Excitement with Striking Price Surges

Key Points

1. FLOKI's price surged to $0.0001307, with a weekly gain surpassing previous resistance levels, supported by the minting of 125,000 NFTs on the opBNB mainnet.

2. FLOKI's RSI reached 76.3, indicating positive momentum, with a new support level at $0.00009681 and a potential target of $0.000168 if trading volumes continue to rise.

3. BONK, a Solana-based memecoin, broke its long-standing ceiling of $0.00002434, boosted by Grayscale adding it to its watchlist and BONK DAO burning 100 billion coins ($3.4 million worth).

4. BONK's RSI soared to 85.9, signaling overbought conditions, but a 24-hour trading volume of $2.41 billion suggests sustained buyer interest, with short-term resistance at $0.00004681.

5. Both memecoins face risks due to high volatility, despite the current bullish trends and institutional interest.