Release: 2024/11/22 20:39 Reading: 542
Floki Inu (FLOKI) Debuts on Coinbase
November 22, 2024 at 04:35 PM GST
Updated: November 22, 2024 at 03:53 PM
2-minute read
Floki Inu (FLOKI) has been listed on Coinbase, making it accessible to a wider audience.
Coinbase Debut Boosts FLOKI Trading
Following the Coinbase announcement, FLOKI trading volume surged by 99% within 48 hours. The token's value also increased by 5.39% from the previous day.
FLOKI Targets Indian Market
To promote its Play-to-Earn game, Valhalla, Floki has launched a campaign in Delhi NCR, India. The initiative targets areas with high population densities and is projected to reach over 650,000 individuals daily.
Institutional Interest in Meme Coins
The listing on Coinbase, along with Binance's recent addition of margin trading options for FLOKI, reflects the growing institutional interest in meme coins. Dogecoin, Shiba Inu, and Pepe Coin have also witnessed increased investor attention.
FLOKI's Technical Analysis
FLOKI is currently trading at $0.0002571, above its 50-period EMA, indicating a short-term bullish trend. Resistance at $0.00026481 may limit upward momentum, while support at $0.00025012 provides stability.
Disclaimer
This article is not financial advice. Please conduct your own research before making any investment or trading decisions.
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