We have long discussed how meme coins often yield significant profits during the early phases of bull markets. This trend continues, and exchanges like Coinbase are keeping pace. Following the announcements of PEPE and WIF Coins, there is news of yet another meme coin. What is the current status of cryptocurrencies?
New Altcoin Listing
Shortly after WIF and PEPE Coin were added to the listing roadmap, news of additional listings emerged. Now, Coinbase has also announced the addition of FLOKI INU to its listing roadmap. It is likely that more listing news will come soon. The process for adding known altcoins to the listing roadmap is generally a formality. To comply with the listing process, Coinbase has included Floki Coin in its roadmap, indicating it may be listed soon.
As this article was being prepared, the price hovered above $0.00024735, targeting $0.00029473 and $0.00034971. However, this requires Bitcoin $91,353 to achieve a weekly close above $90,000.
Meme Coins and Market Interest
The ongoing interest in meme coins, particularly those like WIF, BONK, and PEPE, may open doors to interesting profits in assets that have not yet seen bull markets. It is crucial for participants to remember that rapid gains in meme coins can be accompanied by equally swift losses.