Floki's Market Surge Accelerates as Coinbase Announces Listing, Following a Massive Rally in Meme Coins [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
In the 24 hours following the announcement, trading volume jumped nearly 100%, and Floki's price increased by 15%. The token is scheduled to begin trading on Coinbase tomorrow at 5 p.m. UTC, once liquidity conditions are met. Initially, only the ERC-20 version of Floki will be supported, and the listing will roll out in phases. Floki is part of a broader meme coin trend that has gained momentum since Donald Trump's victory in the U.S. presidential election earlier this month. Other tokens like Dogecoin (DOGE) and Bonk (BONK) also saw significant price increases during this period. Floki's price is now just under its all-time high, achieved six months ago, with a 600% increase this year. Coinbase's listing of Floki follows its recent inclusion of other meme coins such as Pepe (PEPE) and Dogwifhat (WIF), which saw price spikes after being added to the platform. Floki now has a market cap of over $2.6 billion, with daily trading volume increasing by more than 100% in a single day.
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