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Reading: Meme Coins Continue to Capture Market Attention
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COINTURK NEWS > Altcoin News > Meme Coins Continue to Capture Market Attention
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Meme Coins Continue to Capture Market Attention

In Brief

  • Meme coins provide significant returns during early bull markets.

  • Coinbase is adding FLOKI INU to its listing roadmap.

  • Investors should be cautious of quick profits and losses in meme coins.

İlayda Peker
İlayda Peker 2 years ago
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For a long time, we have noted that meme coins offer significant returns during the early phases of bull markets. This trend persists as exchanges like Coinbase align with it. Following PEPE and WIF Coin, there is news of another new meme coin on the horizon. What is the current status of cryptocurrencies?

New Altcoin Listing

Shortly after WIF and PEPE Coin were added to the listing roadmap, listing news emerged. Now, Coinbase has announced that it is adding FLOKI INU to its listing roadmap as well. The listing announcement is likely to follow soon. The process of adding such well-known altcoins to the listing roadmap is typically a formality. Coinbase has included Floki Coin in its listing process, indicating it may be listed soon.

As of the writing, the price hovers above $0.00024735, targeting $0.00029473 and $0.00034971. However, this requires Bitcoin $83,678 to achieve a weekly close above $90,000.

The ongoing interest in meme coins, especially those like WIF, BONK, and PEPE that have not seen bull markets, could open doors to interesting profits. It is important for participants to be aware that rapid gains in meme coins can also lead to swift losses.

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İlayda Peker 15 November, 2024 - 11:20 pm 15 November, 2024 - 11:20 pm
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İlayda Peker
By İlayda Peker
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The author, who holds a degree in International Relations and Political Science, has 10 years of experience as a writer and editor in the fields of cryptocurrency, blockchain technologies, and digital asset markets.While at COINTURK, he has published over 8,500 news articles, analyses, essays, and reports on Bitcoin, altcoins, cryptocurrency markets, the blockchain ecosystem, digital asset regulations, and global financial developments. Closely following market movements and industry developments, the author addresses the complex world of cryptocurrency in a clear and reader-friendly manner.An avid reader, the author also evaluates the impact of international developments on financial markets and the digital asset ecosystem.
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