FLOKI Price Surges as Bitcoin Hits Highest Level Since January

FLOKI, a utility meme token, has seen its price rally by 14% in the past 24 hours and 24% over seven days, reaching near $0.000030 as Bitcoin cleared an eight-month peak above $87,000.

This move is attributed to the same short-squeeze tape that lifted PEPE and crypto stocks, not a standalone protocol event.

The crypto market recovery saw roughly $450 million in shorts liquidated, flushing bearish positions built up during the April drawdown. The broader crypto stocks rally, including MSTR, COIN, CRCL, and HOOD, confirms this is an institutional-grade squeeze, not retail noise.

FLOKI's price recovered from the mid-$0.000024 range last week into the $0.000029, $0.000030 band as BTC blasted through the earlier break above $81,000 and continued into the Bitcoin above $87,000 zone.