Floki Inu Joins Binance.US And Surges By 50% As Investors Pile In
25 April 2023 - 5:33PM
NEWSBTC
Floki Inu (FLOKI) is barking up a storm in the crypto world with
news of its listing on Binance.US. As excitement grows, the value
of FLOKI has surged by almost 50% in just one day, with gains of
nearly 10% in the past week, making it one of the most talked-about
cryptocurrencies in the market. With FLOKI’s current price at
$0.00004099, investors and meme enthusiasts alike are eagerly
awaiting what the future holds for this beloved crypto. Could Floki
be the next big thing in the world of crypto? Related Reading:
Shiba Inu Gets Stuck In Price Range – Will SHIB Break Free? Floki
Inu: Recent Price Gains and Increased Attention While Floki Inu is
just one of many similar meme coins, its recent price gains and
increased attention have set it apart from the pack. In February
2023, FLOKI saw a surge of more than 40%, thanks in part to the
continued support and interest from Tesla and Twitter CEO and meme
coin enthusiast, Elon Musk. We just dropped a new video on our
YouTube channel sharing the exciting news that $FLOKI is now
available on #BinanceUS! Don’t forget to hit that like 👍, drop a
comment 💬, and subscribe 📺 to our YouTube
channel👇👇https://t.co/uHzfMCQ1vU pic.twitter.com/GgX1g1BJse — FLOKI
(@RealFlokiInu) April 24, 2023 Despite these gains, FLOKI’s current
value is still well below its all-time high, which occurred in
November 2021 when Musk named his dog after the cryptocurrency.
However, Floki Inu has continued to gain traction and was recently
listed on two prominent exchanges, BigONE and BitForex, in addition
to Binance.US. Binance Responds To Demand For Meme Coins With New
Liquidity Pools Binance has earlier announced the creation of seven
new liquidity pools to cater to the growing demand for meme coins
like, Shiba Inu, and Dogecoin. This move has generated a lot of
speculation in the crypto community about a potential meme coin
rally, with many investors expecting more retail participation as
exchanges continue to support these altcoins. As a result of this
announcement, emerging meme coins such as Bone ShibaSwap (BONE) and
ArbDoge AI (AIDOGE) experienced gains of more than 10% following
news of a major exchange listing. The creation of these new
liquidity pools is a positive sign for the meme coin market,
indicating that these altcoins are gaining greater acceptance and
recognition from investors. Cryptocurrencies total market cap
slides to $1.11 trillion as of Tuesday, April 25, on the daily
chart at TradingView.com Related Reading: Crypto total market cap
slides to $1.11 trillion on the weekend chart at TradingView.com
The New Age Of Meme Coins The rise of these type of digital assets,
once considered nothing more than internet jokes, is now
undeniable, and the growing number of listings is proof of their
increasing popularity. While there is little assurance of their
lasting value, Floki Inu’s recent gains and attention suggest that
this type of digital currency may have some staying power. With
talk of a meme coin rally on the horizon, it remains to be seen how
this will affect the wider crypto market and whether these altcoins
will continue to gain traction in the months to come. -Featured
image from Change.org
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