Highlights
- Floki price surged to a five-month high after Coinbase added it to its listing roadmap.
- Analysts predict Floki could surge by 500% due to increased exposure and utility.
- Coinbase's embrace of meme coins like Floki signals a potential shift in the crypto market.
After Coinbase included the Ethereum-based memecoin, Floki Inu on its listing roadmap, FLOKI price soared to a five-month high. The token has gained 12% in the past 24 hours and nearly doubled over the week, defying broader crypto market corrections and some analysts claim it could rise by 500% to as much as $0.0015732.
Coinbase listing has historically been more conservative, approaching memecoins cautiously but has accelerated their adoption following Donald Trump’s election victory. His promise to ease crypto regulations is widely seen as a signal of a more crypto-friendly environment.
Coinbase Listing Could Send Floki Price Up to 500%
Ethereum-based meme coin Floki Inu(FLOKI) leads as one of the big winners of this week after Coinbase’s official announcement about it adding the dog-themed token to its listing roadmap.
The exchange also announced that FLOKI holders can claim a distribution of 3 billion tokens, following the token’s inclusion on its roadmap. The distribution is based entirely on on-chain activity, ensuring that only eligible users who meet certain criteria can claim their share.
While the Coinbase listing roadmap usually indicates that crypto tokens might be listed in the future, it is still a good ringer for a spot to be added for trading. However, the exchange has recently made rapid changes in its listing, insinuating its growing openness to memecoins. Following the crypto market surge after the US election results, altcoins, including FLOKI price, experienced significant rallies.
According to an analyst CRYPTO TISA, 500% increase in FLOKI price is to expect. That means, with currents value, FLOKI could reach the price of $0.0015732. With him agrees Scofield, another analyst on X who claims price of $0,001 seems like a reasonable expectation.
He explains that FLOKI listing on this crypto exchange isn’t just another exchange listing but a validation of what the team has been building and working towards. “Strongest fundamentals, real utility, and now backed by the most trusted name in crypto.”
After the news was announced, the price of Floki Inu surged 21% in under an hour to a five-month-high price above $0.00027. The cryptocurrency named after the real-life dog of Elon Musk is now up by 13% in the last 24 hours, making up for earlier losses during a broader market correction.
Trump Effect? CB Meme Coin Embrace Signals New Era for Crypto
On Wednesday, Coinbase listing added two more memecoins It put Ethereum’s Pepe coin (PEPE), and Solana’s Dogwifhat (WIF) on its roadmap. The coins simultaneously went live for spot trading and especially PEPE showed a massive surge.
Floki Inu joined other top meme coins after Coinbase listing of its roadmap catapulted FLOKI price to a five-month high and lead the week rally.
According to CoinGecko, all three meme coins rank among the world’s 50 most valuable cryptocurrencies by market capitalization for now.
The exchange has traditionally been cautious about meme coins. Still, it’s quickening the pace of their adoption since the election victory of Donald Trump, who vowed to make crypto regulations easier, interpreted as a sign of friendliness.
Dogecoin, the most valuable meme coins, was earlier at the forefront, doubling in value over a week before cooling off. Although the DOGE dropped 4% today, other meme coins, such as Floki, have grasped the momentum and reflect a wider interest in this very quirky market sector.
The new Coinbase listing has helped push the FLOKI price to new heights. This claim distribution marks another significant milestone for the Floki ecosystem, which is rapidly growing its utility with upcoming DeFi tools and gaming offerings.
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