Floki And WIF Bite Off 22% And 12% Daily Gains, As Dogecoin And Shiba Inu 'Killers' Take The Dog Coin Wheel
Portfolio Pulse from Murtuza Merchant
The memecoin market is seeing a resurgence with Floki (FLOKI) and Dogwifhat (WIF) leading the charge. Floki surged 22% after announcing a major marketing campaign and being listed for futures trading on Coinbase. Dogwifhat saw a 12% rise due to a breakout from a symmetrical triangle pattern and significant buying pressure. Despite gains, analysts remain cautious about the long-term prospects of both tokens.
May 28, 2024 | 4:17 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Coinbase's listing of Floki futures trading has contributed to a 22% surge in Floki's price. This move underscores Coinbase's influence in the cryptocurrency market and its ability to drive significant price movements.
The listing of Floki futures on Coinbase has directly contributed to a significant price increase for Floki, demonstrating Coinbase's impact on the cryptocurrency market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80