The Floki price saw a significant surge following its listing on Coinbase, renewing interest in this meme cryptocurrency.
Current Floki Price Analysis
Floki's price surged by 17% in 24 hours, reaching $0.0002587. The listing on Coinbase played a crucial role in this rise, pushing the cryptocurrency to a 5-month high above $0.00027.
Technical Indicators and Impact
According to GeckoTerminal, support at $0.000150 has enabled a sustained rally for Floki. The price now stands above both the 50-day and 200-day SMAs. The RSI is at 67.21, nearing the overbought zone. The MACD line shows a strong bullish trend, indicating potential for further growth.
Other Projects and Prospects
Meanwhile, attention turns to Pepe Unchained, a new meme token on a Layer 2 platform, which has raised $32.5 million. PEPU, designed to tackle Layer 1 issues, might become the next token listed on major platforms.
Floki's price rise following a major exchange listing highlights interest in cryptocurrencies, while new projects like Pepe Unchained continue to attract investment.
