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Dogecoin (DOGE) Rival FLOKI Rips After Coinbase Announces Potential Future Listing – The Daily Hodl

One of Dogecoin's (DOGE) competitors has soared after being added to the listing roadmap of top US cryptocurrency exchange Coinbase.

In a new announcement from Coinbase, say The company has added meme coin Floki (FLOKI) to its listing roadmap, which the exchange is using to ensure transparency and prevent insider trading of the coin prior to listing.

News of a possible listing sent FLOKI soaring, with the memecoin going from a low of $0.000217 on November 14 to a high of $0.000280 hours later. At the time of writing, FLOKI is trading at $0.000239.

Launched in 2021 and inspired by Elon Musk's pet Shiba Inu, FLOKI is a utility token in the Floki ecosystem that offers a variety of decentralized finance (DeFi) services on the Ethereum (ETH) and Base blockchains. functions as

Earlier this week, pseudonymous cryptocurrency analyst Brandts said 290,900 followers on social media platform

In the long term, Brandts predicted that FLOKI will surpass the $0.0005 level, which is more than double the current level.

“FLOKI's macro ABC looks like its 3-month cumulative break is coming closer to an end each day, but once it breaks down, it will hit all-time highs pretty quickly, in my opinion.

I added a few things to my long-term non-trading bag today. ”

Source: Brandts/X

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Disclaimer: The opinions expressed on The Daily Hodl do not constitute investment advice. Investors should perform due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that transfers and transactions are made at your own risk and you are responsible for any losses you may incur. The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets. The Daily Hodl is also not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated image: Mid Journey

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