The price of FLOKI has soared to a five-month high, following its inclusion on Coinbase's listing roadmap. Over the past 24 hours, the Ethereum-based memecoin has risen by 12% and nearly doubled in value over the week, defying the broader crypto market corrections. Analysts suggest FLOKI could rise by 500%, potentially reaching $0.0015732.
Coinbase Listing Fuels FLOKI's Potential 500% Rally
FLOKI's recent rally gained momentum after Coinbase, one of the most reputable crypto exchanges, announced the token's addition to its listing roadmap. According to analyst Crypto TISA, a 500% price increase is a reasonable projection, which would push FLOKI's value to $0.0015732. Analyst Scofield echoed this sentiment, emphasizing that the Coinbase listing validates FLOKI's strong fundamentals and utility, describing it as a major milestone for the ecosystem.
Shortly after the announcement, FLOKI's price surged 21% within an hour, reaching a five-month high of $0.00027. The memecoin, named after Elon Musk’s dog, has since continued to rise, recovering from earlier losses amid the broader market downturn.
Coinbase Distribution and Growing Meme Coin Adoption
Coinbase’s decision to include FLOKI comes with added incentives for holders, offering a distribution of 3 billion tokens. Eligibility for this distribution is based on on-chain activity, highlighting Coinbase's effort to reward active participants in the FLOKI ecosystem. This move, coupled with the listing roadmap inclusion, demonstrates the exchange's increasing openness to meme coins.
In recent developments, Coinbase has also added PEPE and WIF to its roadmap, reflecting its evolving stance on meme coin adoption. These listings align with the broader market's growing interest in meme coins, further fueled by a favorable regulatory environment hinted at by former U.S. President Donald Trump’s crypto-friendly stance.
FLOKI Ecosystem Expands with Strategic Partnerships
The recent price surge coincides with significant advancements within the FLOKI ecosystem. Two days ago, FLOKI's Play-to-Earn MMORPG, Valhalla, announced a partnership with Dubai’s Mall of the Emirates. This collaboration represents a major step in Valhalla's global expansion strategy, highlighting the increasing utility and adoption of FLOKI in DeFi and gaming sectors.
FLOKI and the Meme Coin Sector: A Growing Trend
FLOKI’s rally reflects the broader interest in the meme coin market, with tokens like Dogecoin and PEPE also experiencing substantial growth. As meme coins continue to gain traction, FLOKI’s inclusion on Coinbase's roadmap and its ecosystem developments position it as a strong contender for sustained growth. Analysts and investors are closely watching whether FLOKI can maintain its momentum and reach the projected target of $0.0015.