![]() ![]() This is why the platform's cryptocurrency is fundamentally a meme-based currency. The platform strongly believes that leveraging the influence of memes is the key to successfully bringing cryptocurrencies to the mainstream and gaining widespread acceptance. This cryptocurrency aims to empower people rather than venture capitalists and hedge funds. The coin has since become the market's third most popular meme token, trailing only Dogecoin and Shiba Inu. A Look at the Meme Coinįloki Inu is a meme token that was born from a tweet by Elon Musk in June 2021, in which he announced that he would name his Shiba Inu puppy Floki. By joining DOGE and SHIB on one of the world's most trusted exchanges, FLOKI has taken a significant step forward in gaining recognition as a noteworthy meme coin.Īpart from Binance.US, FLOKI can also be found on various other prominent exchanges, such as KuCoin, where FLOKI/USDT and FLOKI/USDC trading pairs are offered. The listing of FLOKI on the exchange is expected to increase its visibility and credibility among the cryptocurrency community. EDT, platform users will be able to deposit FLOKI, and trading for FLOKI/USD and FLOKI/USDT pairs will commence. The addition of FLOKI to Binance.US is a significant step for meme coin. The recent rally in FLOKI actually coincides with the launch of staking on the project's testnet, which is a step towards allowing holders to earn rewards.īut more importantly, FLOKI has been listed on Binance.US, the American arm of the largest crypto exchange Binance, along with fellow meme coins Dogecoin (DOGE) and Shiba Inu (SHIB), both of which are down by 0.9% and 1.3% respectively, in the past 24 hours while FLOKI has risen in value. However, Floki Inu (FLOKI) has managed to gain a foothold in the market and is striving to grow its presence and adoption, which aids the token's price in gaining value. ![]() Since Dogecoin's success, many meme coins have emerged, but not all have been able to replicate DOGE's popularity. The cryptocurrency market is highly competitive, especially among dog-themed meme coins. 2021.īut what has been behind this latest pump in FLOKI price? A New Listing The coin, which has a total supply of 10,000,000,000,000 FLOKI coins, is currently down 85.55% from its all-time high (ATH) of $0.00033651 hit in Nov. In the past 24 hours, the coin is still up 36% but has lost some of the gains as it trades at $0.00003919 at the time of writing while managing $221.3 mln in trading volume, according to CoinGecko. These gains helped the coin climb the ranks and become the 106th largest cryptocurrency with a market cap of $373 mln. On Monday, the price of FLOKI was at $0.00002821 when the meme coin surged almost 160% to hit 0.00004604. ![]()
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