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Home»ALTCOIN NEWS»FLOKI thrives as Coinbase adds support for Memecoin, which competes with Dogecoin (DOGE).
ALTCOIN NEWS

FLOKI thrives as Coinbase adds support for Memecoin, which competes with Dogecoin (DOGE).

By Crypto FlexsNovember 22, 20242 Mins Read
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FLOKI thrives as Coinbase adds support for Memecoin, which competes with Dogecoin (DOGE).
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A dog-themed meme asset competing with Dogecoin (DOGE) and Shiba Inu (SHIB) is thriving with the support of Coinbase, the leading cryptocurrency exchange platform in the US.

Coinbase said in a new thread on social media platform

“Coinbase is adding support for FLOKI (FLOKI) on the Ethereum network (ERC-20 token)… Trading will commence on or after November 21, 2024 at 9:00 AM Pacific Time, if liquidity conditions are met.

Once sufficient supply of this asset is available, trading of the FLOKI-USD trading pair will begin in stages. Support for FLOKI may be limited in some supporting jurisdictions.”

In further news, FLOKI’s token price rose from $0.000234 on November 20 to a high of $0.000283. The digital asset has since stabilized and, at the time of writing, is trading at $0.000256, up 10.3% in the last 24 hours.

FLOKI serves as a utility token for the Floki ecosystem, providing numerous decentralized finance (DeFi) services on both Ethereum (ETH) and the native blockchain.

Earlier this week, Coinbase announced that it would be adding FLOKI to its listing roadmap. This is used by exchanges for transparency and to prevent premature trading before the token is officially listed.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

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