Popular meme token FLOKI is now on the roadmap for listing on the prominent crypto exchange Coinbase.
FLOKI is a community-driven cryptocurrency inspired by the name of Elon Musk’s pet dog. This token was launched in June 2021.
On 16 Nov 2024, Coinbase announced that the FLOKI token has been added to their roadmap for listing.
Following this potential listing announcement, the trade price of FLOKI surged nearly 20%. Over the past 7 days, the trade price of FLOKI has increased by 80%.
Other meme token listings
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Just a few days ago, Coinbase and Robinhood, another major U.S.-based stock-crypto trading platform, announced the launch of PEPE.
The listing support for PEPE triggered a significant pump in the token’s price.
Meme token trend
This year, many flagship crypto projects have faced challenges as the interest in meme tokens surged. A large number of investors are drawn to meme tokens for their potential to generate significant profits with small investments. Some crypto entrepreneurs have expressed concern over this shift in capital inflow. However, others believe that meme tokens are attracting new users to the crypto space and could eventually benefit the entire sector by increasing overall adoption. Experts argue that while meme tokens are a trend, their popularity may ultimately serve as a gateway for people to explore more innovative and visionary crypto projects in the long run.
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