WATCH THE VIDEO HERE Floki, a fledgling memecoin has surged by 8% in the last 24 hours following the asset’s listing by Coinbase. Coinbase commented on X on its decision to offer trading support to the memecoin which has a market capitalization of $2.7 billion. The announcement was made during a market-wide recovery which added to the price surge of FLOKI. “Assets added to the roadmap today: FLOKI (FLOKI)” Coinbase tweeted This is the second big listing of memecoins by Coinbase within a week. On Wednesday the leading crypto exchange also announced its listing of Pepe another mammoth memecoin that has been around for a while. Coin base’s listing and endorsement of Pepe contributed to the memecoin surging by 96.9% in the last 7 days. The global crypto community speculated that the proposed arrival of Donald Trump as the 47th president of the United States has resulted in a relaxed regulatory environment steering crypto businesses toward more expansive decisions. Aside from Coinbase, Robinhood U.S. a trading platform also listed PEPE recently. Binance, the largest cryptocurrency exchange by trading volume has listed several meme coins as well, although some of the choices by Binance were deemed controversial. Other memecoin Success stories such as Dogwifhat and Bonk contributed to a surge in activity on memecoin service providers like Pump. fun.
Floki memecoin surges by 8% following Coinbase listing
