Floki Beats Dogecoin, Shiba Inu With Double-Digit Gains After Coinbase Listing Announcement
Floki (CRYPTO: FLOKI) jumped to the top of the daily gainers list after leading cryptocurrency exchange Coinbase announced support for the dog-themed cryptocurrency.
What happened: The meme coin soared nearly 16% over the last 24 hours to hit a five-month high.
Trading volume for the token increased 112% to $1.19 billion while its market capitalization pushed beyond $2.5 billion.
Floki’s double-digit rally outperformed the blue-chip meme currencies, Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), which fell 0.81% and 2.80%, respectively.
Named after tech mogul Elon Musk’s Shiba Inu dog, Floki has been one of the top-performing cryptocurrencies in 2024, with year-to-date gains of 668%.
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