FLOKI reclaims key support, targets $0.00006450 – Can it happen?
FLOKI price breakout gains momentum as bullish technical patterns emerge and investor interest surges.
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FLOKI price breakout gains momentum as bullish technical patterns emerge and investor interest surges.
Cryptocurrency trader and analyst Ali Martinez is leaning bearish on the memecoin FLOKI (FLOKI). Martinez tells his 133,600 followers on the social media platform X that FLOKI has formed a flag pattern on the three-hour time frame.
The meme coin market is slowly bottoming, with top meme coins showing the best returns for traders. What Happened: According to on-chain analytics from Into The Block, the meme coin market cap has returned to Q3 2024 levels, which were the lowest since early 2024 levels.
Dogecoin (DOGE) and Shiba Inu (SHIB), the two largest meme cryptocurrencies (dog-coins) by market capitalization, are both in worst performer list today. Meanwhile, once-leading meme coins like Floki (FLOKI), Dogwifhat (WIF) or Murad's pick SPX6900 (SPX), are losing steam in the top 100.
Crypto exchange Coinbase has announced the delisting of FLOKI (FLOKI), Turbo (TURBO), and Gigachad (GIGA) in New York starting April 14th.
Floki (CRYPTO: FLOKI) is gaining momentum as speculation of problems with trading the meme coin on Coinbase has been disspelled. What Happened: In an X post on Friday, Floki dismissed rumors of a Coinbase delisting, confirming that the platform is only halting trading in New York—a region that accounts for just 2-5% of FLOKI's volume on Coinbase.
Coinbase announced it will block trading activities in New York for FLOKI, TURBO, and GIGA. This change will take effect on April 14, 2025, at 2 PM ET.
Last night, Coinbase announced its intention to delist three popular tokens – Floki Inu ($FLOKI), Turbo ($TURBO), and GigaChad ($GIGA) – for its New York users, increasing ongoing concerns over regulatory scrutiny and the future of meme coins in the U.S. market.
Coinbase announced that it has suspended trading for memecoins Floki (FLOKI), Turbo (TURBO), and Gigachad (GIGA) in New York only starting April 14, 2025, at around 2 PM ET. The crypto exchange said their recent asset review indicated the need to ensure compliance with its listing standards.
Coinbase halts memecoin trading in New York as regulatory pressures mount.
One of the largest U.S.-based cryptocurrency exchanges, Coinbase, has just announced a decision that has left investors stunned. The exchange is set to suspend trading for three popular memecoin in New York. With uncertainty in the air, market reactions have already started to show as coin prices have seen a sharp drop in value.
Coinbase is now working with 145 U.S. government agencies and 29 international ones amid a rapidly shifting cryptocurrency regulatory landscape. According to a Mar. 13 post on X by Coinbase CEO Brian Armstrong, the launch of the U.S.
Prices for Floki, Turbo, and Giga were little changed despite Coinbase announcing the suspension of trading on its platform in New York.
Floki whales are back to buy the dip after the memecoin declined to a yearly low.
Floki's key support in price action is confirmed by the fact that it sits on the lower range of the most significant zone between $0.000024 and $0.000036.
Steady selling volume and bearish market sentiment meant FLOKI remained in a firm downtrend.
As the cryptocurrency segment slowly recovers from yesterday's devastating drop, the meme cryptos segment sends mixed signals to bulls. While the majority of dog-themed meme coins remain in red, some already got back to surging.
Floki Inu has created history with its mind blowing hold over the world. The financial system was revolutionized when Floki Inu started climbing the ladder.
On-chain data shows Floki is among the altcoins seeing the largest spike in whale activity, a sign that could be bullish for the memecoin's price.
FLOKI's MVRV drops, suggesting that holders' profitability dipped as price trended down.
The rising rug pulls in meme coin space have weighed down bullish sentiment for Floki in the recent past amid low demand from whale investors.
For FLOKI to replicate its 2024 breakout, it must first break through key resistance levels.
Floki Inu (FLOKI) has seen strong daily volumes in the past 24 hours, with more than $200 million changing hands across major exchanges per CoinMarketCap as the price has rallied more than 3%. The post FLOKI Sees $200M in Daily Volume – Are the Whales Loading Up for a Massive Run? appeared first on Cryptonews.
Popular memecoin could be in for a very interesting short-term on the price charts now.