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Coinbase Listing Propels Floki Inu Trading and Market Expansion  

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  • Floki Inu’s Coinbase listing boosts trading volume by 99%, signaling increased market activity and growing accessibility for cryptocurrency enthusiasts.  
  • Floki Inu targets India’s Web3 ecosystem with a marketing campaign promoting its Play-to-Earn game, Valhalla, reaching 650,000 daily viewers.  
  • Meme coins gain institutional support, with major platforms like Binance and Coinbase expanding options for tokens such as FLOKI and SHIB.  

Floki Inu (FLOKI) has officially launched on Coinbase, the largest U.S.-based cryptocurrency exchange, beginning November 21st. The introduction of the FLOKI-USD trading pair significantly enhances access to the token for Coinbase’s vast user base, which includes over 110 million verified users and a daily transaction turnover of $7 billion. This development marks a notable step in expanding the reach of Floki Inu within the cryptocurrency market

However, Coinbase clarified that only the ERC-20 version of FLOKI would be available for trading. Additionally, access may be limited in specific regions due to local regulatory restrictions.  

Trading Activity Spikes After Listing  

Following the Coinbase listing announcement, Floki Inu witnessed a surge in trading volume. Reports indicate an impressive 99.4% increase in activity within just 48 hours. This heightened market engagement saw FLOKI’s price rise by 15% before moderating to a daily gain of 5.39%.  

Currently priced at $0.0002571, FLOKI is trading above its 50-period EMA, signaling a short-term bullish trend. Analysts observe resistance at $0.00026481, which could hinder upward movement, while support at $0.00025012 offers stability. A breakout above resistance may spark further gains, while a drop below support could lead to declines toward $0.00023747.  

Meme Coins Gain Broader Market Support  

Meme coins like Floki Inu continue to attract institutional and retail interest as leading platforms expand support. Binance has recently introduced new margin trading options for tokens such as FLOKI and Shiba Inu (SHIB). These initiatives underscore the rising demand for meme coins across the cryptocurrency landscape.  

Investors have also shown renewed interest in meme tokens, leading to notable market rebounds for Dogecoin, Shiba Inu, and Pepe Coin. Institutional players, including DWF Labs, are making substantial investments in meme coin projects, further legitimizing the sector.  

Floki Inu Expands in India with Marketing Push  

In addition to the Coinbase listing, Floki Inu has launched a targeted marketing campaign in the Delhi NCR region of India. This initiative promotes its Play-to-Earn game, Valhalla, to bolster its presence in the rapidly growing Web3 ecosystem. The campaign is projected to impact approximately 650,000 individuals daily, enhancing Floki Inu’s visibility and brand recognition in the Indian market.  

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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