Price Prediction for FLOKI Memecoin Listed on Coinbase
2024-11-18Bittime - The FLOKI memecoin is back in the spotlight of the crypto world. After it was announced that it would be included in the listing roadmap of Coinbase, one of the largest crypto exchange platforms in the world, the price of FLOKI immediately jumped sharply. So, what is the FLOKI price prediction? Check out the analysis in this article.
This announcement provides important momentum for the token inspired by Elon Musk's pet dog. Because, this meme coin has the potential to attract more investors while strengthening its position in the crypto world.
Coinbase, which is known as one of the most trusted crypto exchanges, uses a listing roadmap as a form of transparency to prevent insider trading practices before crypto assets are officially listed. In its latest announcement, FLOKI has officially entered this list, sparking euphoria among the crypto community.
FLOKI Price Prediction
Source: Dailyhodl
This news immediately had an impact on FLOKI prices. On November 14, the token was at $0.000217 before surging to a peak of $0.000280 just hours after the announcement.
Although the price has corrected slightly and is at $0.000239 when this article was written, the sharp spike reflects market optimism regarding FLOKI's future.
Read also: $FLOKI Price Prediction: Entering Coinbase's Roadmap, Will It Soar?
Pseudonymous crypto analyst Bluntz, who has nearly 300,000 followers on social media platform X (formerly Twitter), assesses that FLOKI is showing signs of continuing its price rally.
According to Bluntz, FLOKI's price movement pattern over the last three months shows an accumulation phase that is ready to break, with the potential for an increase of more than double from the current position. He estimates that FLOKI can exceed the $0.0005 level in the near future, which also has the opportunity to set a new record high price.
What is FLOKI?
Launched in 2021, FLOKI is not just an ordinary memecoin. The token acts as the primary utility in the Floki ecosystem, which includes decentralized financial (DeFi) services on the Ethereum and Base blockchains.
With a combination of strong branding, a solid community, and innovation in the DeFi sector, FLOKI has succeeded in attracting the attention of many investors, including those who previously idolized Dogecoin.
Read also: Floki Collaborates with Premier League giant, Sunderland AFC
FLOKI also takes advantage of pop culture phenomena and community support to build its ecosystem. Additionally, the Floki ecosystem includes a variety of services that reflect the vision of the token as more than just a meme, making it a strong candidate for mainstream adoption.
Conclusion
FLOKI's listing on Coinbase opens up great opportunities for this token to continue to grow. With the potential for significant price increases, an active community, and solid ecosystem support, FLOKI is on the right track to become one of the major players in the memecoin world.
However, as always, investing in the crypto world still requires careful analysis and good risk management.
For those of you who want to follow FLOKI price developments, make sure to stay up-to-date with the latest news and in-depth market analysis. The world of crypto is about taking opportunities amidst volatility that is full of challenges but full of potential.
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