FLOKI is a recently popular meme coin. Due to necessary events, its price has risen to the highest level in the past six months. FLOKI has recently been included in Coinbase's listing plan, and this listing has caused the price of FLOKI to soar.
FLOKI's current market value is $2.512 billion, surpassing the other 11 meme coins and ranking sixth among meme coins.
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Coinbase's roadmap drives FLOKI's price surge
The inclusion of FLOKI in Coinbase's listing plan is one of the biggest positives for the token. The released statement has aroused traders' interest in the asset, and it is expected that the price of the token will rise again after it is included.
Currently, the trading price of FLOKI is $0.00026777. It is expected that the price will continue to rise in the short term.
Since the announcement was released, the influence of opinion leaders and FLOKI community members on social media platforms has increased. Trading volume has increased, indicating increased market activity and investor interest. This not only pushed up the price of FLOKI, but also made it one of the most promising investment meme coins.
FLOKI establishes partnerships with Dubai and Hong Kong to enhance global influence
FLOKI's PlayToEarn MMORPG Valhalla has signed a brand cooperation agreement with a shopping mall in Dubai, UAE. The PlayToEarn MMORPG will occupy 93 digital screens in the shopping mall. The target audience of the shopping mall is 111,500 people per day.
This cooperation is the next important initiative in FLOKI's global promotion plan, which will help it gain more recognition in places where interest in blockchain games is increasing.
The UAE shopping mall is a world-class shopping destination, so FLOKI has the opportunity to reach millions of potential users. This cooperation is also in line with FLOKI's plan to develop the community and increase its visibility through influential figures.
It emphasizes the fact that the project aims to establish a long-term presence in the cryptocurrency and traditional finance sectors.
Another important cooperation is FLOKI's cooperation with the Hong Kong International Sixes Cricket Tournament, which has resumed after seven years. The tournament, held from November 1 to 3 at the Kowloon Cricket Club, attracted many international teams and received widespread attention.
Strong market momentum and future prospects
From a technical perspective, FLOKI also seems poised for further growth.
This meme coin has been consolidating for some time, and has recently started to set higher highs and higher lows. The key retracement level is $0.00027, from which it may break out to $0.00030 or higher.
The relative strength index is currently at 74.97, indicating an overbought condition. Although this may lead to short-term consolidation, the strong trading volume and bullish sentiment suggest that the uptrend may continue. The support level of $0.00020 indicates that it is ready to rebound to withstand any potential bearish pressure.
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