Floki, a cryptocurrency inspired by Elon Musk’s dog of the same name, has just been listed on Brazil’s largest and most respected crypto exchange, Mercado Bitcoin.
In a tweet, the Floki team expressed their excitement about the adoption of their cryptocurrency, as well as the exchange’s decision to list it.
Mercado Bitcoin’s announcement also revealed the availability of Pepe Coin, another meme-inspired cryptocurrency, for trading on the platform.
Pepe Coin, born from the meme of a famous internet cartoon, has been one of the main drivers of the current “Memecoin Season” and has seen a significant appreciation in value over the last two months.
The listing of both Pepe Coin and Floki on Mercado Bitcoin provides Brazilian traders with an opportunity to invest in these popular cryptocurrencies.
Mercado Bitcoin’s announcement reminds traders that the high season for Memecoins is currently underway but cautions that this is not an investment indication. Traders interested in trading Pepe Coin or Floki can visit the respective links provided by Mercado Bitcoin.
Finally, the announcement also teases the possibility of Baby Doge being listed on the platform in the future. Traders are encouraged to follow the exchange’s social media channels to stay up to date with the latest news.
However, with the listing of Floki and Pepe Coin, Mercado Bitcoin continues to cement its position as the leading cryptocurrency exchange in Brazil.
Floki Inu & PEPE Coin Price Analysis
Following the listing annoucmnt, the coin is currently showing positive signs, as per the latest data from CoinMarketcap. The cryptocurrency is trading at $0.000001795, up by about 43.10% in the last 24 hours.
However, the weekly chart recorded a significant decrease of about 40.21%. While its trading volume has witnessed an increase of 18.54%, reaching $935,010,886 in the last 24 hours.
Yesterday it was reported that its market value has dropped to about $500 million ($494,700,680) due to a 22.43% decline caused by a massive influx of meme coin enthusiasts depositing a net worth of $22.94 million from 1,176 addresses into various exchanges.
However, the current data indicates that PEPE is here to stay, as evidenced by a significant increase of approximately 44.34% in the coin’s market capitalization, which has now reached $703,892,923 once again.
Meanwhile, Over the last 24 hours, FLOKI has experienced a 7% increase in value, but it has seen a decline of around 15% in its weekly chart. Despite this, its market capitalization has increased by 6.92%.
However, the trading volume in the past 24 hours has decreased by approximately 50%. The current trading price of FLOKI stands at $0.00003622. Based on this data, there is a possibility of a significant increase in the near future.
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