Floki Floki (FLOKI) Surges 29% After Coinbase Considers Adding Meme Coin to Its Listing Roadmap

rival meme coin Floki FLOKI/USD has experienced a significant surge in value. This comes on the heels of an announcement by Coinbase

Meme coin Floki (CRYPTO: FLOKI) experienced a surge in value on Monday following an announcement by Coinbase (NASDAQ:COIN) regarding the potential inclusion of FLOKI in its future listings.

Coinbase announced the addition of FLOKI to its listing roadmap, a tool used by the exchange to maintain transparency and prevent insider trading on coins prior to their listing.

"Assets added to the roadmap today: FLOKI (FLOKI),” the exchange noted in a tweet.

Following this announcement, FLOKI’s price sharply increased, rising from around $0.000217 last week to a peak of $0.000280 within a matter of hours. At the time of writing, FLOKI is trading at $0.000239.

Coinbase noted that the listing roadmap contains a "set of assets that Coinbase is exploring to add & will be monitoring closely. This is not a guarantee of future listings & is subject to change.”

FLOKI, which was launched in 2021, serves as a utility token for the Floki ecosystem. Inspired by Tesla (NASDAQ:TSLA) CEO Elon Musk‘s pet Shiba Inu (CRYPTO: SHIB), the Floki ecosystem offers a range of decentralized finance (DeFi) services on the Ethereum (CRYPTO: ETH) and Base blockchains.

The potential listing of FLOKI on Coinbase is a significant development for the memecoin. Earlier last week, crypto analyst Bluntz predicted a substantial rise for FLOKI, speculating that it could potentially breach the $0.0005 level in the long term, which is more than double its current value.

The recent surge in FLOKI’s value following Coinbase’s announcement appears to validate this prediction.

The listing on a major exchange like Coinbase could provide FLOKI with increased visibility and credibility in the crypto market, potentially driving further increases in its value.

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