The Ethereum $3,616-based meme coin FLOKI has reached its highest level in five months following Coinbase’s announcement of its listing plans. In the past 24 hours, FLOKI experienced a 12% increase, nearly doubling its value over the past week. This surge is particularly noteworthy against the backdrop of general corrections in the cryptocurrency market.
Price Predictions from Analysts
The analyst known as CRYPTO TISA predicts that FLOKI’s price could surge by 500%, reaching $0.0015732. Another analyst, Scofield, believes that it is reasonable to expect FLOKI to rise to the $0.001 level. Scofield emphasized that Coinbase’s listing of FLOKI validates the projects the team has been working on.
Coinbase has altered its approach to memecoins by adding FLOKI to its listing roadmap. The exchange has been making rapid changes in its listings lately, increasing its interest in memecoins. This trend contributes to the broader acceptance of the memecoin market among larger audiences.
Benefits of FLOKI from Coinbase
Coinbase has provided an opportunity for FLOKI holders to participate in a distribution of 3 billion tokens. This distribution is based entirely on on-chain activities and can be claimed by users meeting specific criteria. This step significantly contributes to the growth of the FLOKI ecosystem.
As Coinbase integrates FLOKI into its listing plans, the token’s price reaches new heights while the FLOKI ecosystem rapidly expands with DeFi tools and gaming offerings. These developments enhance FLOKI’s potential in the future.
On the same day, Coinbase also included Ethereum’s Pepe (PEPE) and Solana $205‘s Dogwifhat (WIF) memecoins in its listing roadmap. These listings signal the opening of a new era in the memecoin market.
With FLOKI’s inclusion in Coinbase’s roadmap, the token’s price has reached its five-month high, providing significant momentum for the FLOKI ecosystem’s growth strategy.
Coinbase’s addition of FLOKI to its listing plans increases interest in memecoins, creating new opportunities in the cryptocurrency market.