Coinbase has recently extended support for SHIB, FLOKI, and BONK by introducing perpetual futures contracts for these meme coins, starting May 30. This move has significantly boosted investor confidence, making these tokens even more attractive.
Notably, whale accumulations of SHIB, FLOKI, and BONK have surged, signaling potential for further price increases. Data from Coinglass indicates that open interest (OI) for SHIB futures has reached unprecedented levels since February, with BONK and FLOKI OI also hitting record highs since the start of this year’s bull run.
According to CoinMarketCap, SHIB has gained 192.80% this year, while FLOKI and BONK have seen staggering increases of 622% and 8822%, respectively. These statistics underscore the robust performance of these meme coins in the current bull cycle.
With meme coins stealing the spotlight and offering high returns on investment, holding SHIB, FLOKI, and BONK could be a strategic move for long-term gains.
