Floki Pumps
to Five-
Month High
Price on Coinbase
Listing Plans
as Dogecoin Dips
Floki Pumps to Five-Month High Price on Coinbase Listing Plans as Dogecoin
Dips
Ethereum meme coin Floki spiked Friday after Coinbase announced plans to list
it, outpacing Dogecoin in terms of daily gains.
By Andrew Hayward
Nov 15, 2024 Nov 15, 2024
2 min read
Image: Shutterstock
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Ethereum meme coin Floki (FLOKI) is one of Friday's big winners, surging
on the back of Coinbase announcing that it has added the dog-themed coin to
its listing roadmap.
The token jumped to a five-month high price above $0.00027 after the news,
rising 21% in less than an hour per data from CoinGecko . Overall, Floki—which
was named after Elon Musk's real-life dog—is up 16% over the last 24
hours, with the recent spike overcoming some losses earlier in the day as
crypto prices broadly correct after a recent surge. Floki has now nearly
doubled in price over the last seven days.
Coinbase's listing roadmap includes crypto tokens that the centralized
American exchange is considering listing. While not a sure thing that the
token will be added for spot trading, we have seen the company make rather
rapid shifts on this front in recent days.
Assets added to the roadmap today: FLOKI (FLOKI) https://t.co/rRB9d3hSr2
— Coinbase Assets ð¡️ (@CoinbaseAssets) November 15, 2024
On Wednesday, Coinbase put a pair of other prominent meme
coins—Ethereum's Pepe (PEPE) and Solana's Dogwifhat (WIF)—on its
roadmap, and then began spot trading for both by the end of the same day. Pepe
surged to an all-time high price that day, though Robinhood also added support
the very same day, boosting its prominence in the process.
All three meme coins are among the 50 most valuable cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта in the
world as ranked by market cap, per CoinGecko. Coinbase has historically moved
more slowly than some rival exchanges in embracing meme coins, though it may
be moving more nimbly following last week's election of Donald Trump, who
has promised to ease American crypto regulation.
Major cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта have surged in price over the past week and a half,
with Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin jumping to a new all-time high price above $93,000 . That's
about $20,000 higher than the previous peak, which was broken on Election Day.
Dogecoin , the original and most valuable meme coin by market cap, had been
leading the meme charge earlier this week, surging to a three-year high price
and more than doubling in price over the span of a week. However, DOGE is now
down nearly 4% on the day amid cooling market momentum—leaving a brighter
spotlight for other meme coins like Floki.
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