Ethereum

bullish

FLOKI

Momentum

Coin

<p>FLOKI, an Ethereum meme coin, experienced a surge in its price by 21% in the one-day trading after an important event. This bullish move came after Coinbase announced it was to include <a href="https://www.thecoinrepublic.com/2024/11/11/floki-climbs-6-despite-crypto-whale-major-sell-off/" rel="noopener noreferrer nofollow">FLOKI</a> in its listing roadmap, a post that fueled excitement among investors.</p>
<p>Despite the broader crypto market corrections, FLOKI has risen and is now looking close to doubling its price over the past week.</p>
<p>Furthermore, crypto exchanges seem to be getting interested in adding more coins off late. Crypto exchange Kraken announced listing KAS on its platform. The coin also saw a strong price surge.</p>
<h2 class="wp-block-heading" id="h-coinbase-announcement-ignited-buying-hype"><strong>Coinbase Announcement Ignited Buying Hype</strong></h2>
<p>The official announcement of Coinbase, which included FLOKI on its listing roadmap, triggered an instant surge in the meme coin’s price.</p>
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   <p lang="en" dir="ltr">Assets added to the roadmap today: FLOKI (FLOKI)<a href="https://t.co/rRB9d3hSr2" rel="noopener noreferrer nofollow">https://t.co/rRB9d3hSr2</a></p>— Coinbase Assets <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6e1.png" alt="🛡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@CoinbaseAssets) <a href="https://twitter.com/CoinbaseAssets/status/1857513967444230566?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 15, 2024</a>
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<p>This announcement attracted attention throughout the social networks and increased buying interest as well as optimism. Several analysts and traders have estimated that the meme coin may potentially rise up to 500%.</p>
<p>This announcement caused the trading volume increase, which averaged $1.37 billion at press time. Such a steep increase in activity can be attributed to increasing participation from both retail and institutional investors.</p>
<p>The current circulation and highest market capitalization of FLOKI stand at $2.50 billion, showing that FLOKI is being accepted by investors in the meme crypto markets.</p>
<p>New listings are considered to offer tokens higher levels of exposure and convenience, while Coinbase confirmation is a step forward for FLOKI. Experts believe this could further improve the amount and activity of the coin in global markets.</p>
<h2 class="wp-block-heading" id="h-floki-price-action-signaled-strong-momentum"><strong>FLOKI Price Action Signaled Strong Momentum</strong></h2>
<p>The price of the meme coin hit a high of $0.0002787 in one day. The meme coin traded relatively bearish but started gaining bullish momentum after Coinbase’s announcement.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" width="1024" height="504" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/11/tempImageWiiMzr-1024x504.jpg" alt="1-day FLOKI trading chart | source Coinmarketcap" class="wp-image-838621" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/11/tempImageWiiMzr-1024x504.jpg 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/11/tempImageWiiMzr-300x148.jpg 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/11/tempImageWiiMzr-768x378.jpg 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/11/tempImageWiiMzr-1536x756.jpg 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/11/tempImageWiiMzr-150x74.jpg 150w, https://www.thecoinrepublic.com/wp-content/uploads/2024/11/tempImageWiiMzr-696x343.jpg 696w, https://www.thecoinrepublic.com/wp-content/uploads/2024/11/tempImageWiiMzr-1068x526.jpg 1068w, https://www.thecoinrepublic.com/wp-content/uploads/2024/11/tempImageWiiMzr.jpg 1596w" sizes="(max-width: 1024px) 100vw, 1024px">
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   1-day FLOKI trading chart | source Coinmarketcap
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<p>After this surge, FLOKI’s price stabilized at higher levels, suggesting a period of consolidation and sustained interest.</p>
<p>The circulating supply of FLOKI stands at 9.60 trillion, nearly matching its total supply of 9.68 trillion, which supports high liquidity. These metrics distinguish FLOKI from other meme coins that often exhibit unstable trading patterns.</p>
<p>However, the sustained high trading volume and price stability indicated that the coin’s bullish momentum might persist.</p>
<h2 class="wp-block-heading" id="h-floki-s-coinbase-listing-signals-meme-coin-growth"><strong>FLOKI’s Coinbase Listing Signals Meme Coin Growth</strong></h2>
<p>FLOKI listing in Coinbase shows how large exchanges are integrating meme coins. Investors wait for further developments and a possible rise as the price continues to hover near new high levels.</p>
<p>However, given the constant high trading volume and social media anticipation around FLOKI, there is every possibility of the coin creating new milestones in the cryptocurrency market. Furthermore, other meme coins like DOGE, PEPE, and BONK have been on a bullish trend, and analysts anticipate more bullish runs.</p>
<p>The post <a href="https://www.thecoinrepublic.com/2024/11/18/floki-surged-21-as-coinbase-confirmed-listing-roadmap/" rel="noopener noreferrer nofollow">FLOKI Surged 21% As Coinbase Confirmed Listing Roadmap</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

FLOKI Surged 21% As Coinbase Confirmed Listing Roadmap

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