Floki Trading Volumes Surge as Coinbase Confirms Exchange Listing
Floki (FLOKI), a meme coin based on Ethereum, is experiencing significant momentum following confirmation from Coinbase that it will list the asset. Trading volume for Floki soared by 99.4% within 24 hours, reflecting heightened market activity. The listing is set to begin at 9 AM PT, contingent on meeting liquidity conditions. Floki's price rose 15% recently, reaching a five-month high. The listing will be phased and limited to the ERC-20 version of the token. In a broader context, the meme coin market has grown rapidly, with Dogecoin and others seeing substantial market capitalization increases. Floki's price has surged over 600% in the past year, closely approaching its all-time high of $0.00034. The interest from investors, including institutional players, underscores the appeal of meme coins despite their historical volatility. This surge follows Coinbase's additions of other meme tokens, which have also seen significant price rises upon their listings.
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