FLOKI surges over 22% after Coinbase announces its listing roadmap which could act as a strong base for the crypto just like PEPE or BONK
Author: Chirag Sharma
Written On: Sun, 17 Nov 2024 16:27:18 GMT
The meme coin frenzy is heating up once again. FLOKI ($FLOKI) skyrocketed by over 21% in just one hour following Coinbase announcement of its addition to the listing roadmap.
This marks another milestone for meme coins, as major exchanges like Coinbase increasingly embrace community-driven cryptocurrencies, previously listing PEPE and BONK.
FLOKI, inspired by Elon Musk’s Shiba Inu dog, is more than just a meme. It’s part of the Floki Ecosystem, which includes:
These utilities set FLOKI apart from many other meme coins, making it a strong contender for long-term adoption beyond speculative trading.
A Coinbase listing is a significant milestone for any cryptocurrency, as it:
Social media platforms like X (formerly Twitter) are buzzing with excitement. Many in the crypto community believe FLOKI could follow the success of its peers like PEPE, which saw substantial post-listing gains.
While the short-term rally is impressive, analysts urge caution:
Coinbase’s growing interest in meme coins signals a shift in exchange strategy, recognizing the vibrant yet unpredictable potential of this sector. This move could pave the way for increased institutional interest in meme coins, bridging the gap between speculation and utility.
Can FLOKI maintain its momentum and carve a lasting niche in the crypto market? Only time will tell. For now, the community is celebrating this exciting leap forward.
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Why FLOKI is Standing Out
The Floki Coinbase Effect
Caution Amid the Hype
A Broader Trend in the Market
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