Floki Inu (FLOKI) Market Momentum and Investor Confidence Skyrocket After Coinbase Listing

The addition follows just a few days after both Coinbase and Robinhood introduced PEPE, another well-known memecoin, on their platforms.

Major cryptocurrency exchange Coinbase has added memecoin FLOKI to its roadmap for trading assets, sparking a surge in interest and activity in the crypto market. Following the launch, FLOKI—a community-driven token inspired by Elon Musk’s beloved dog—has seen a stunning rally.

Coinbase highlighted the addition of FLOKI (FLOKI) to its trading plan in a recent post on its assets Twitter handle. This follows the addition of another memecoin, PEPE, to the exchange's platform earlier this week.

Coinbase adds memecoin FLOKI to its trading roadmap, sparking a 12% rally. Here's what to expect from FLOKI after this key listing

After a rocky start to the year, memecoins have regained momentum in the crypto market. These tokens, known for their community-driven nature and often inspired by internet memes, have seen a resurgence of interest among traders.

Now, with the addition of FLOKI to Coinbase’s trading roadmap, the memecoin is set for a new wave of attention and trading activity. As of writing, FLOKI trades at around $0.000250, up 11.66% in the last 24 hours.

This price surge has pushed the token’s market cap to over $2.3 billion, indicating strong investor confidence in the memecoin. Notably, CNF previously reported that analysts anticipate a new all-time high for Floki Inu in the next bull cycle. They highlight the token's continuous market presence, suggesting a potential further upside of up to 93%.

In other news, we recently covered another popular meme token, Dogwifhat (WIF). The WIF token has shown strong market potential following its Coinbase listing and a major technical breakout on the Solana network.

According to a popular analyst, WIF has an upside target of $7.30 to $11.30, even $15, with the analyst predicting a breakout of $4.90 would pave the way for this potential strong rally.

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