The Ethereum-based meme coin, FLOKI, is witnessing significant growth, reaching a five-month high following the recent news of its listing on Coinbase.
FLOKI Price Surge
FLOKI is surprising the crypto community with a notable increase in its value. In the past 24 hours, its price surged by 12%, effectively doubling within a week. This surge is particularly remarkable against the backdrop of corrections in the broader cryptocurrency market.
FLOKI Price Forecasts
Some analysts, such as CRYPTO TISA, predict a 500% increase in FLOKI’s price, targeting $0.0015732. Another expert, Scofield, believes the price could reach $0.001, citing Coinbase's listing as a validation of FLOKI's developmental efforts.
Impact of Coinbase Listing on FLOKI
FLOKI's inclusion in Coinbase's listing plans offers holders an opportunity to claim part of a distribution of 3 billion tokens, subject to their on-chain activities. This initiative aims to significantly bolster the expansion of the FLOKI ecosystem. FLOKI's upward momentum aligns with the broader trend in Coinbase's strategy towards meme coins.
Coinbase's actions present new avenues for growth and engagement for FLOKI and the meme coin market at large, indicating a promising trajectory in the crypto space.
