One of Dogecoin’s (DOGE) competitors has soared after being added to the listing roadmap of Coinbase, the leading US cryptocurrency exchange.
In a new announcement, Coinbase revealed that it is adding memecoin Floki (FLOKI) to its listing roadmap. This is used by exchanges for transparency and to prevent insider trading before coins are listed.
News of a potential listing caused FLOKI to surge, sending the memecoin from a low of $0.000217 on November 14 to a high of $0.000280 hours later. As of this writing, FLOKI is trading at $0.000239.
Launched in 2021 and inspired by Elon Musk’s pet Shiba Inu, FLOKI serves as a utility token for the Floki ecosystem, offering a variety of decentralized finance (DeFi) services on Ethereum (ETH) and the native blockchain.
Earlier this week, anonymous cryptocurrency analyst Bluntz told his 290,900 followers on social media platform
In the long term, Bluntz predicts that FLOKI will surpass the $0.0005 level, more than twice its current level.
“FLOKI’s macro ABC appears to be complete with the three-month cumulative break inching closer each day. Once that breaks down, I think we’ll reach new all-time highs pretty quickly.
I added some to my long-term no-trade bag today.”
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