Floki Crypto: Why is FLOKI’s price rocketing today?
- Floki crypto is the people’s cryptocurrency and the utility token of the Floki Ecosystem and is birthed by fans and members of the Shiba Inu (SHIB) community.
- FLOKI crypto was trading is $0.000258 with a 24-hour trading volume of $1,54,02,45,981, according to CoinMarketCap.
- Crypto analyst CRYPTO TISA predicts a 500% increase, potentially pushing FLOKI’s price to $0.0015732.
FLOKI crypto has been setting the crypto market on fire, registering significant gains on Saturday. Courtesy of the rally, FLOKI crypto skyrocketing to a five-month in the past 24 hours, according to CoinMarketCap. This has fuelled speculation among analyst and investors for this this Ethereum-based memecoin.
Why FLOKI Is Gaining Momentum
In the past 24 hours, the price of FLOKI crypto has surged by 20%, marking nearly a % increase over the past week. Despite broader crypto market corrections, FLOKI has emerged as one of the week’s biggest winners.
The reason for its bull run on the market is its Coinbase listing, which has given the token the impetus to grow further. Many analysts believe that the Coinbase listing is a validation of the token’s fundamentals and utility. The cryptocurrency, named after Elon Musk’s dog, has consistently garnered attention due to its meme appeal and strategic developments.
Floki crypto Price Prediction
FLOKI crypto is showcasing a bullish momentum for past month. The momentum has been sparked on the basis of combination of factors including with Donald Trump coming to power and his pro-crypto outlook has provided momentum to the market. Crypto analyst CRYPTO TISA predicts a 500% increase, potentially pushing FLOKI’s price to $0.0015732.
A look at the charts and it will show that buyers are accumulating the FLOKI token at the same time, the sellers too are booking profit.
Image credit: Trading View
Even the MACD indicators showcases the momentum is getting stronger with Blue line in a full upward swing along with the orange line.
At the time of writing the token FLOKI crypto was trading is $0.000258 with a 24-hour trading volume of $1,54,02,45,981, according to CoinMarketCap. The 43-ranked token was enjoying a live market cap of $2,47,70,16,872 with a circulating supply of 96,03,89,72,50,896 FLOKI coins.
What Does This Mean for the memecoin?
While the Coinbase roadmap announcement does not guarantee an immediate listing, it’s a strong indicator of potential future trading on the platform. Coinbase’s recent openness to meme coins could signal broader adoption of tokens like FLOKI.
With increasing visibility and strong community support, FLOKI crypto is positioning itself as more than just a meme coin. The Coinbase announcement has reaffirmed the token’s potential, attracting both retail and institutional investors. As FLOKI continues to defy market corrections and build on its fundamentals, it remains a top token to watch. If the bullish predictions hold, FLOKI could soon achieve new heights, solidifying its position as a key player in the crypto space.