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Cryptocurrency News Articles

FLOKI Listed on Coinbase: Meme Coin Inches Closer to Market Capitalization Heavyweights

Nov 22, 2024 at 06:00 pm

FLOKI is now the 6th largest meme coin in the world, with a total market valuation of $2.3 billion. In what may be a more important development, the token has been able to list on one of the most advanced exchanges in the United States, Coinbase, in a long-awaited listing.

FLOKI Listed on Coinbase: Meme Coin Inches Closer to Market Capitalization Heavyweights

Floki, a meme coin, is set to gain more traction and credibility with its recent listing on Coinbase. Known for its significant impact on listed tokens, Coinbase can trigger a price boom, making Floki's inclusion a promising event.

Meanwhile, IntelMarkets' listing on exchanges could lead to a 770% price increase, ensuring its standing among the top utility altcoins.

Floki's Journey from Meme Coin to Mainstream Cryptocurrency

Floki, now the 6th largest meme coin globally, boasts a total market valuation of $2.3 billion. In a crucial development, the token has managed to secure a listing on one of the leading US cryptocurrency exchanges, Coinbase, a long-awaited event for the Floki community.

Announced on November 20, the news brought joy to many in the crypto space. The exchange will be offering the FLOKI/USD pair across the board. While the launch will unfold in phases and may encounter geographical restrictions, this news opens up the potential for a positive price movement for Floki.

At its current price of $0.000244, Floki can expect a fresh influx of trading volume and liquidity following the news of its integration due to Coinbase listing.

Considering the broader market perception, where shifts like BTC price movement on Spot Bitcoin ETF prospects lead the trend, Floki follows suit, and even IntelMarkets listing on Coinbase can lead to a 770% price increase.

Floki's Price at Coinbase and Listing Implications

The FLOKI/USD trading pair on Coinbase can act as a catalyst for a substantial rally. Analysts working on the coin listing timelines believe the coin distribution strategy may help Floki record volumetric price increase spikes.

Currently, the price is at $0.000244, indicating that a post-listing rally of 770% should be able to push Floki to the near $0.002 range. This is driven by optimism on the broader ranges, particularly regarding the rising BTC prices fueled by positive sentiment on the imminent approval of Spot Bitcoin ETFs.

INTL - The Next Big Listing or Not

IntelMarkets (INTL) has steadily established a strong presence in the cryptography space with the most advanced AI for trading. The platform customizes trading tools for each trader, offering features like arbitrage and leverage of up to 1000 times.

IntelMarkets also enables trading of perps without KYC, and the contracts are available in perpetuity. INTL will be the native token of the platform, and its presale is gaining massive traction. It is in the 6th stage where INTL tokens cost 0.054 USD, and it is estimated to increase by approximately 1500% upon listing across top CEXs and DEXs.

Join the Movement:

Buy Presale Visit Intel Markets (INTL) Join The Intel Community

News source:bitcoinist.com

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Other articles published on Nov 23, 2024