The article discusses the potential for FLOKI, a meme coin, to experience a 30% price increase due to a breakout from a consolidation zone. The announcement of FLOKI's listing on Coinbase, the largest cryptocurrency exchange in the US, has not had an immediate impact on its price. However, technical analysis indicates a potential upward move, and on-chain metrics suggest a bullish trend for the meme coin. Meanwhile, FLOKI's open interest has decreased, suggesting that traders are waiting for a breakout before building new positions.
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