Floki Coin Surges Following Coinbase Listing Announcement

The Ethereum-based meme coin sees a 15% price increase and trading volume nearly doubles ahead of its debut on the cryptocurrency exchange.

Floki (FLOKI), a dog-themed Ethereum-based meme coin, will begin trading on Coinbase on November 22, 2024, pending liquidity conditions.
The announcement led to a 15% price increase and a 100% surge in trading volume within 24 hours, pushing Floki to a five-month high.
Floki's market capitalization now exceeds $2.6 billion, with total daily trading volume surpassing $1.3 billion across exchanges.
The listing highlights the growing popularity of meme coins, which have seen significant gains following Donald Trump’s U.S. presidential election victory earlier this month.
Institutional interest in meme coins is rising, with DWF Labs launching a $20 million fund to support projects with strong community backing.