FLOKI, an Ethereum-based memecoin, has experienced a significant increase in value, reaching a five-month high. This surge is attributed to the recent inclusion of the token on Coinbase's listing roadmap, a major development for the cryptocurrency.
Over the past 24 hours, FLOKI has gained 12%, defying broader market corrections. Over the week, the token has nearly doubled in value, showcasing its strong performance despite a challenging market environment.
Analysts have expressed optimism about FLOKI's future price movement. Some claim the token could rise by 500%, potentially reaching a value of $0.0015732. This prediction has spurred interest and excitement within the crypto community, as it indicates potential for substantial returns.
Coinbase's listing has historically been a significant catalyst for price movements in the cryptocurrency market, attracting both new investors and traders. As a result, the news has boosted FLOKI's visibility and credibility, contributing to its current upward trajectory.