Dogecoin is down, but $FLOKI is going against the tide. Coinbase's listing plan helped it hit a five-month high!
Floki, the dog-themed meme coin on Ethereum, was extremely popular on Friday! As soon as Coinbase said it would add this Dogecoin to its listing plan, its price soared.
As soon as the news came out, Floki's price immediately soared to a five-month high of more than $0.00028. According to the Wall Street Journal, this increase reached 21% within an hour! Overall, Floki has risen 16% in the past 24 hours, which has almost made up for the small drop in the morning, and the price has almost doubled this week!
Coinbase's listing plan is the cryptocurrencies they are considering listing. Although it is not yet certain whether Floki can really be included in spot trading, judging from Coinbase's actions in the past few days, the changes are quite fast.
For example, on Wednesday, Coinbase announced two more memecoins, Ethereum’s Pepe and Solana’s Dogwifhat, were also added to the listing plan, and spot trading began that day. Pepe’s price also rushed directly to its all-time high, and Robinhood also added support that day, which made the matter even more popular.
Now, all three memecoins have a place in the top 50 most valuable cryptocurrencies in the world. Coinbase used to be quite conservative in accepting memecoins, but they may have become more flexible after Trump’s recent election, because Trump said he would relax US cryptocurrency regulations.
Recently, the prices of major cryptocurrencies have been soaring, and Bitcoin has jumped to a new high of more than $93,000, which is $20,000 higher than the peak on election day!
Dogecoin, the big brother of the memecoins, also rose dramatically earlier this week, with the price more than doubling, but later the market cooled down a bit, and it fell a bit, which also gave other memecoins such as Floki more opportunities.
The copycats are ready to move. I plan to ambush a potential coin that is ready to explode. It is still very easy to double it. At the same time, I am also preparing to find some potential coins to hold by the end of the year. It is expected that there will be no problem with more than 10 times the space. If you like spot or contracts, please like + leave a message to keep up with my pace.
