Floki Pumps to Five-Month High Price on Coinbase Listing Plans as Dogecoin Dips
The Ethereum meme coin Floki (FLOKI) surged significantly after Coinbase announced plans to add it to its listing roadmap, achieving a five-month high. Floki jumped 21% in under an hour, contributing to a 16% increase over the past 24 hours. This surge continued amid a broader correction in cryptocurrency prices, after major coins saw substantial gains recently. With the upcoming possibilities of additional listings on Coinbase, Floki's momentum has increased, having nearly doubled in price over the last week. Meanwhile, Dogecoin (DOGE), which previously had a strong performance, saw a decline of nearly 4% on the same day. Coinbase's roadmap also includes other notable meme coins like Ethereum's and Solana's, suggesting a more dynamic response to the meme coin trend in crypto markets. The broader crypto market has experienced significant activity, attributed in part to favorable regulatory prospects following recent political changes in the U.S.
Source 🔗