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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 1 year 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 $95,556 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.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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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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Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
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