Floki Inu, a popular meme cryptocurrency, has been making waves in the altcoin market today after experiencing a massive 35% surge earlier in the day. This surge is believed to be due to the latest announcement from Binance.US regarding the listing of Floki Inu.
In a tweet, Binance.US announced on April 24th that deposits for FLOKI were now open on their platform. The tweet went on to highlight the various offerings within the RealFlokiInu ecosystem, including a Play-to-Earn game, FlokiFi (DeFi), Floki prepaid card (Visa/Mastercard), and NFT collections and marketplaces.
This news has brought increased legitimacy to the Floki Inu coin and placed it firmly in the ranks of other meme coins such as DOGE and SHIB.
Floki Inu also took to Twitter to confirm the news of their listing on Binance.US, calling it “MASSIVE news.” The tweet went on to praise Binance as the “world’s biggest, most trusted, and most recognized crypto brand.”
The FLOKI deposit is now open on Binance.US, and trading on the FLOKI/USD and FLOKI/USDT pairs is set to begin on April 25th, 2023, at 5 a.m. PDT / 8 a.m. EDT / 12:00 p.m. UTC.
Floki Inu Price Rise
The news of the Binance.US listing has caused a significant spike in the value of Floki Inu, which has been steadily rising in popularity over the past few months. Binance.US’s announcement has caused the token to reach a new high of $0.000047 today.
According to CoinMarketcap, the token is presently being traded at $0.00003809. However, the most noteworthy aspect of this development is the remarkable surge in trading volume, which has escalated by an astonishing 2000% within the last 24 hours. This increase in demand has also caused the market capitalization to rise by 20%.
In response to the recent move, members of the community have expressed their opinions. One individual stated, “I guess this is what happens when you mix memes with fundamentals.”
Meanwhile, others congratulated the move, with some exclaiming, “HUGE! Congrats.” However, some members also raised the question of when normal trading would resume on Binance.
However, with its unique offerings within the RealFlokiInu ecosystem and increased legitimacy in the crypto market, it will be interesting to see how the coin fares in the coming days and weeks.
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