• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About us
  • Write for us
  • Terms and Conditions
  • Privacy Policy
  • Disclaimer
  • Contact
  • All Posts
  • Advertise

TronWeekly

Crypto World News

  • Home
  • Education
    • Best TRON Wallets
    • Beginner’s guide to TRON
  • Opinion
    • Tron Tokens
    • Market Analysis
  • Industry
    • Tron Exchange
    • Project Review
  • Press Release
  • Advertise
  • About us
    • The Team
    • Editorial Policy
    • Write for us
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • Contact
You are here: Home / Archives for Floki

Floki

FLOKI Soars With 3.39M Twitter Mentions, Leaving SHIB In Its Wake

May 26, 2023 by Ammar Raza

In a recent tweet, FLOKI, the popular meme coin, announced its skyrocketing popularity on Twitter. With a staggering 3.39 million mentions, it has taken the social media platform by storm, leaving other meme coins like SHIB trailing behind with a mere 45.6k mentions. This surge in social media buzz comes hot on the heels of some major developments for the token.

$FLOKI is trending on Twitter with over 3.39 million mentions!

This comes after the news that @DwfLabs purchased $5M worth of #FLOKI tokens, followed by its listing on the largest #crypto exchange in The Netherlands, #Bitvavo!

This #Shib's got some serious bark and bite! pic.twitter.com/VmMOhwShGV

— FLOKI (@RealFlokiInu) May 25, 2023

FLOKI Sparks Frenzy Amidst Exciting Milestones

According to the latest development, DWF Labs, a prominent digital asset market maker and multi-stage web3 investment firm, has invested a whopping $5 million in FLOKI tokens. This strategic partnership between FLOKI and DWF Labs is a testament to the former’s potential and the bright future of its Ecosystem. 

DWF Labs, known for its connections with exchanges, trading outlets, and institutional investors, will utilize its extensive network and resources to accelerate the token’s adoption. This partnership marks a significant milestone, demonstrating strong institutional demand and unlocking funds for the expansion of the Floki Ecosystem.

Further amplifying its influence in the crypto world, Bitvavo, the largest crypto exchange in the Netherlands and a prominent European player, has announced the token’s listing. 

As of today, traders and enthusiasts can trade, deposit, and withdraw FLOKI tokens on the Bitvavo platform. Bitvavo’s decision to embrace the token aligns with its mission to offer a diverse range of digital assets, catering to the evolving demands of the crypto community. 

Along with it, Bitvavo recently added other notable cryptocurrencies like Optimism (OP), Sui (SUI), Harmony (ONE), and Syscoin (SYS) to its platform.

FLOKI’s success story continues to unfold, fueled by its strategic partnerships and widespread recognition. This meme coin, originating from the popular meme-inspired cryptocurrency trend, has managed to transcend its meme status and attract institutional interest. 

However, with the support of DWF Labs and its strong belief in the token’s potential, the road to becoming the world’s most recognized and utilized cryptocurrency looks promising.

Nevertheless, as FLOKI garners attention both on social media and within institutional circles, it is clear that this meme coin possesses both bark and bite. It’s growing popularity and strategic alliances set the stage for further growth and development in the coming weeks and months.

Related Reading | Litecoin Soars: 160M Transactions Milestone & Anticipation Builds For Halving Event

Filed Under: Altcoin News Tagged With: Bitcoin (BTC), Cryptocurrency, Floki, SHIB

FLOKI Token Makes Its Debut On Tokocrypto, Indonesia’s Premier Crypto Exchange

May 23, 2023 by Ammar Raza

In an exciting development for the crypto community, FLOKI, the crypto token named after Elon Musk’s beloved Shiba Inu puppy, has made its way to Tokocrypto, Indonesia’s largest crypto exchange. 

The announcement was met with great enthusiasm, as crypto enthusiasts across the nation eagerly await the opportunity to trade the newly listed token.

📢 @RealFlokiInu $FLOKI is listed on @Tokocrypto, Indonesia's largest #crypto exchange 🇮🇩!

Floki ecosystem consists of a Play-to-Earn game, FlokiFi, Floki prepaid card (Visa/Mastercard), as well as #NFT collections & marketplaces#Floki #Memecoin #Web3 #NFTs $BNB #BNBswap #BSC pic.twitter.com/Z5CIr6HuJJ

— BNB Swap (@BNBSwap) May 22, 2023

Tokocrypto wasted no time spreading the news, taking to Twitter to express their excitement. Their tweet read:

Who can’t wait to trade Token Floki the NewListing at Tokocrypto? Here, to help you DYOR, it’s better to check what traders @fyqiehfach say about analysis Floki first, come on!

According to the tweet, industry insiders, known as Tokonauts, have been buzzing about FLOKI’s potential during bear markets. With the current market conditions being less than favorable, the token has emerged as one of the promising tokens for those looking to invest in the crypto space. 

This revelation has further piqued the interest of investors as they seek opportunities to navigate the challenging market landscape. 

FLOKI’s Listing Surge: Binance, Bithumb, Dex-Trade, & More

Adding to the frenzy surrounding the token, several renowned exchanges have already listed the token, solidifying its position in the crypto market. 

Binance, Bithumb, and Dex-Trade are just a few of the notable exchanges that have welcomed FLOKI with open arms this month. This surge in listing activity has only fueled the growing popularity and recognition of the token.

In a recent update, its official Twitter account revealed that the token had climbed the ranks on Bithumb, one of the top Korean exchanges. It was announced that the token now stands as the third most traded cryptocurrency on the platform, trailing behind heavyweights like XRP and BTC. 

image 72 3

The Korean market’s unwavering interest in FLOKI has proven to drive its remarkable success. As FLOKI continues to make waves in the crypto sphere, industry experts anticipate even greater developments and achievements in the near future. 

However, with its unique concept and widespread appeal, this Shiba Inu-inspired token shows no signs of slowing down. 

Related Reading |  Crypto Exchange Hotbit’s Farewell: Unexpected Suspension Amidst Turbulent Times 

Filed Under: News, Altcoin News Tagged With: Binance, Bithumb, Crypto, Floki, Tokocrypto

Meme Coin Frenzy: Floki & Pepe Coin Land On Brazil’s Mercado Bitcoin, Baby Doge Next In Line?

May 14, 2023 by Ammar Raza

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. 

$FLOKI just got listed on Mercado Bitcoin! 🔥@MercadoBitcoin is the biggest and most respected #crypto exchange in Brazil with over 3.8 million users!#Floki adoption continues! https://t.co/N7kw4bnNvL

— FLOKI (@RealFlokiInu) May 12, 2023

Mercado Bitcoin’s announcement also revealed the availability of Pepe Coin, another meme-inspired cryptocurrency, for trading on the platform.

image 31 1

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. 

PEPE 1D graph coinmarketcap 1 1
Source: Coinmarketcap

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%. 

FLOKI 1D graph coinmarketcap 1
Source: Coinmarketcap

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.

Related Reading | Cardano Continues To Soar With Node Upgrade, Lace Improvements, & More

Filed Under: Altcoin News Tagged With: Bitcoin (BTC), Cryptocurrency, Floki, Pepecoin

Floki Inu The Memecoin: Striking The Balance Between Hype & Value In The Crypto World

May 10, 2023 by Mishal Ali

In cryptocurrencies, meme coins have been grabbing the headlines lately, and Floki Inu is no exception. The token has recently trended on social media, with 2.5 million tweets on Twitter and every major crypto platform, including Binance, Kucoin, and CoinMarketCap. Floki’s rise to fame has prompted the team to emphasize the importance of balancing being a meme and contributing real value to crypto.

A look at $FLOKI's Fundamentals: Why #Floki is More than Just a Memecoin

The past few weeks have been good for #memecoins as they became the talk of town despite the broader crypto market being stagnant.

At one point, #Floki trended on Twitter with 2.5 million tweets. pic.twitter.com/4GaBOUhRNc

— FLOKI (@RealFlokiInu) May 9, 2023

Floki Inu Ecosystem: Innovative Solutions For Crypto Users

According to a recent tweet thread by the Floki team, the token is more than just a meme coin. The Floki Ecosystem, which includes the Valhalla PlayToEarn game, the FlokiFi DeFi ecosystem, and the University of Floki, is Floki’s attempt to create people-oriented solutions that add value to its users and the crypto industry.

Screenshot 2023 05 10 130551

The Valhalla PlayToEarn game, still on testnet, is an innovative blockchain game that allows users to earn a living by playing. The game has been consistently ranked as the most active project on the Optimism Goerli testnet since its launch and is set to go live on the mainnet later this year.

The FlokiFi DeFi ecosystem is focused on creating useful DeFi solutions that make crypto safer and more fun for people. The first product under the FlokiFi umbrella is the FlokiFi Locker protocol, which has already hit a TVL ATH of $38 million despite being launched in the bear market. The protocol has major partners such as Polygon, Fantom, QuickSwap, and Trader Joe’s that recommend it as a trusted solution.

The University of Floki is a crypto education platform that will teach billions about crypto and give many their first crypto experience. All of these solutions within the Floki Inu Ecosystem will be powered by the FLOKI token.

Floki’s pro-people focus sets it apart from other cryptocurrencies. The token’s team has built schools in underdeveloped nations like Nigeria, Laos, Guatemala, and Ghana, and their goal is to build a school in every underdeveloped nation in the world. Additionally, they have contributed to earthquake relief efforts in Turkey and helped fight food insecurity in partnership with Kimbal Musk’s Million Gardens Movement charity.

The team behind Floki is committed to making it the world’s most recognized and most used cryptocurrency. With a strong focus on utility, strategic branding, and marketing moves, and a true focus on philanthropy, Floki aims to be the people’s cryptocurrency.

Floki is available for purchase on the world’s top exchange, Binance, and over 60 other crypto exchanges across the globe. While Floki Inu’s rise to fame may have started as a meme coin, the team behind it is determined to ensure that it contributes real value to the crypto space and improves the lives of its users.

Related Reading | Floki Inu Takes Off: 2000% Surge in Trading Volume Fueled By Multiple Catalysts

Filed Under: Altcoin News Tagged With: Binance, Bitcoin (BTC), coinmarketcap, Cryptocurrency, Floki, Kucoin

PEPE And FLOKI Surge As Binance Announces Elevated Support

May 10, 2023 by Mohammad Ali

Binance, the world’s largest cryptocurrency exchange, expanded support for newly launched meme currencies PEPE and FLOKI on Tuesday. On May 5, Binance included PEPE and FLOKI in the Innovation Zone but shockingly added PEPE and FLOKI to all its products and services.

Binance Now Supports PEPE And FLOKI For Cross Margin And Loanable Assets

Binance has announced PEPE and FLOKI as borrowable assets on Cross Margin, according to an official release made on May 9. Users can trade PEPE and FLOKI in cross-margin trading, with particular limitations, collateral ratios, and rates.

FLOKI/USDT and PEPE/USDT have been introduced as additional cross-margin pairings to the crypto exchange. The USDT pair has the most trading volume for both meme currencies.

Binance has added PEPE and FLOKI as loanable assets to its Binance Flexible Loan offering. Exchange offers an isolated, overcollateralized, open-term loan product. Users can keep their PEPE and FLOKI positions open forever if the borrower and collateral digital assets do not exceed the necessary Loan-to-Value (LTV) ratios.

Along with PEPE and FLOKI, the exchange introduced the cryptocurrencies ALCX, IDEX, IMX, LQTY, PERP, REQ, RPL, and WING to the Flexible Loan.

Binance launched SUI, FLOKI, and PEPE to Binance Convert on Monday, allowing users to trade for zero costs against BTC, USDT, and other supported cryptocurrencies. The crypto exchange, however, has stopped market order operations for cryptocurrencies such as Shiba Inu (SHIB), FLOKI, and PEPE.

PEPE and FLOKI Prices Expected to Rally Once Again

Binance’s trading volume increased dramatically with the addition of the PEPE and FLOKI coins. According to prominent crypto expert Michael van de Poppe, the PEPE price will continue to fall to support levels of $0.00000168 and $0.00000148 before beginning to rise again. Indeed, the price has recovered from support and is rising.

The price of PEPE has dropped 17% in the last 24 hours, and it is currently trading at $0.00000192. The 24-hour low and high are $0.00000159 and $0.00000235, respectively. Furthermore, trading volume has surged in the recent 24 hours, showing greater interest among traders.

Meanwhile, the FLOKI price is $0.0000343, down 7% in the past 24 hours and up 10% in the last week. The 24-hour low and high are $0.000033 and $0.000037, respectively.

Overall, Binance’s expanded support for PEPE and FLOKI is expected to contribute to another price rally for these meme currencies. However, as with any cryptocurrency investment, traders should exercise caution and research before making decisions.

Related Reading: | Shapella Boosts Ethereum: 320K ETH Outflow But Deposit Activity Rises |

BTC 1D graph coinmarketcap
Source: Coinmarketcap.com

Filed Under: News Tagged With: Binance, Crypto, Floki, PEPE

FLOKI Takes The Stage: Rollbit Futures’ Trading Competition With A $10,000 Prize Pool

May 9, 2023 by Mishal Ali

In a recent tweet, FLOKI announced that it had been listed on Rollbit Futures and can now be traded with up to 1000x leverage on the Rollbit platform. Rollbit, an online casino platform specializing in cryptocurrencies, also announced a 24-hour trading competition for FLOKI with a massive prize pool of $10,000.

#FLOKI just got listed on @rollbitcom Futures! 🔥

You can now trade $FLOKI on Rollbit with up to 1000x leverage!

Rollbit will be running a $10,000 trading tournament over the course of the next 24 hours for any trade made on their platform, details 👇 https://t.co/gLNd892FZr

— FLOKI (@RealFlokiInu) May 7, 2023

The trading competition is divided into three brackets based on the size of the trade, with prizes ranging from $200 to $4,000. To enter the competition, users need to copy their trade link and create a reply to the Rollbit post with their trade link, a screenshot of their trade, their Rollbit username, and the phrase “FLOKI Rollbit” at the bottom of the tweet.

It’s important to note that the trade performance will be scored based on ROI (%), and trades must be made on rollbit.com. Entries will be closed 24 hours after the Rollbit post, and the balance will be automatically credited to the winners. However, it’s worth mentioning that trades made before the Rollbit post will not be counted. Additionally, only one user can enter per household.

Rollbit’s announcement has generated a lot of excitement among cryptocurrency enthusiasts, and many are expected to participate in the competition. With the FLOKI token gaining popularity, Rollbit’s trading competition provides an opportunity for traders to test their skills and win big.

FLOKI’s Future Discussed by Community Members 

Some members expressed their frustration over the delay in FLOKI’s listing by Coinbase, with one user asking when it will finally happen. Others urged the team to burn the token, citing Binance’s role in supporting the project and calling for more loyalty toward long-term holders.

Screenshot 2023 05 08 205414

A user directed a question to the official team, asking about their plan to decrease supplies. Meanwhile, some members are optimistic about FLOKI’s future, with one user commenting that the token is the future of cryptocurrency.

On the other hand, burning the token is a recurring theme in the community, with some members suggesting it could help drive up the token’s value. Despite these calls for burning, some users pointed out that big platforms have placed their trust in the coin as a mature asset.

As the FLOKI community continues to grow, discussions and comments are expected to become more diverse, reflecting members’ various opinions and views on different issues related to the project.

Related Reading | Binance To Enable Bitcoin Lightning Network After Withdrawal Woes

Filed Under: Altcoin News, News Tagged With: Binance, Cryptocurrency, Floki

Binance Shakes Up Crypto Market With Zero-Fee Trading For SUI, FLOKI, And PEPE

May 8, 2023 by Mohammad Ali

Binance, the world’s largest cryptocurrency exchange, announced that SUI, FLOKI, and PEPE would be added to Binance Convert. It will let users instantly trade these newly added tokens against BTC, USDT, and other cryptocurrencies Binance Convert supports.

Binance Convert is a tool that permits users to immediately purchase or sell cryptocurrencies without having to place orders on the exchange’s trading interface. Users prefer Binance Convert over Spot trading because it offers advantages like zero fees, cost-effectiveness, fast rates during large transactions, a minimum order size, and an adequate supply of liquidity.

Binance Convert Welcomes SUI, FLOKI, And PEPE To Its Instant Trading Platform

Binance Convert now supports SUI, FLOKI, and PEPE, according to an official announcement made on May 8. Users may now use Binance Convert to trade Sui Network’s native token SUI and meme currencies FLOKI and PEPE against BTC, USDT, and other tokens. Users can transfer their crypto to another crypto or fiat currency at zero fees.

Following a community request, Binance added SUI, FLOKI, and PEPE to its cryptocurrency exchange. PEPE and FLOKI saw huge buying from whales and investors, driving prices to rise dramatically. However, the PEPE and FLOKI excitement has subsided owing to profit booking, with some whales holding billions of tokens.

Users can visit the Binance website and choose Binance Convert from the Trade menu. Mobile users may launch the App, hit Trade, and then click Convert from the top menu to immediately convert crypto or fiat assets at any time with a live price based on current market circumstances and no fees.

Binance recently suspended market order functions for cryptocurrencies such as Shiba Inu (SHIB), FLOKI, and PEPE. The limits are most likely the result of volatility and hazards associated with trading meme coins.

PEPE is now trading at $0.00000231, down 11% from its last high. Meanwhile, FLOKI is down 4% in the last 24 hours, with the price presently trading at $0.0000374.

PEPE Token Soars, Marking An Unprecedented Surge

Although the PEPE price has grown dramatically in the three weeks since its launch, the probability of a sustained price increase in the coming days and weeks remains uncertain.
Although there are speculations that the listing of PEPE on Binance may have resulted in a local peak, experienced trader Bob Loukas thinks such an idea could be humorous.

Seeing people call tops in these meme coins like $pepe because MCAP, is comical.

They have no intrinsic value, so they’re technically worthless and also technically priceless!

Respect the pumps! Respect getting dumped.

I’m not in any, but damn can appreciate the culture.

— Bob Loukas (@BobLoukas) May 6, 2023

PEPE’S Price Drops 42% Days After All-Time High

PEPE has seen a sharp decline of over 42% in its price within a few days of reaching its all-time high on May 6. This sudden fall has led to significant losses for some investors, with at least one recording paper loss worth hundreds of thousands of dollars.

On May 5, a cryptocurrency “whale” acquired 962.3 billion Pepe tokens for an average price of $0.000003122, using 70 Wrapped Bitcoin (WBTC) and 470 Ether (ETH), as per the data provided by the blockchain analytics service Lookonchain.

According to CoinGecko, PEPE has fallen 42% from its all-time high since then. The crypto investor’s PEPE assets are now estimated to be worth $2.4 million, representing a $600,000 unrealized loss.

A whale bought 962.3B $PEPE($2.46M currently) with 70 $WBTC ($2.07M) and 470 $ETH ($937K) in the past 2 days, with an average buying price of $0.000003122.

He has lost ~$541K at the current price!https://t.co/GDBdXcVyGt pic.twitter.com/7s1Ns90OOc

— Lookonchain (@lookonchain) May 7, 2023

Despite the recent price drop, Pepe still has a market value of slightly more than $1 billion, ranking it 45th in total worth.

Related Reading: | Bitcoin & Ethereum Bridges: Stably And Chia Network Join Forces To Expand DeFi Ecosystem |

BTCUSDT 2023 05 08 14 30 43
Source: Tradingview.com

Filed Under: News Tagged With: Binance, Cryptocurrency, Floki, PEPE, SUI

Weekly Market Watch: Bitcoin, Ethereum Hold Steady As Meme Coins Rally

May 8, 2023 by Saeed Ul Hassan

During the previous week, there was a surge of optimism in the cryptocurrency market, with Bitcoin and Ethereum maintaining stability and resisting the bears. Additionally, meme coins rallied, contributing to the bullish trend and improving the general market sentiment.

Two meme coins with smaller market caps surpassed Bitcoin and Ethereum and showed remarkable growth in the weekly chart. These coins distinguished themselves in the crypto market by demonstrating impressive performance.

Some low-cap coins on the list of weekly gainers have shown substantial growth, with Pepe (PEPE) leading the pack, followed by FLOKI. 

Over the last seven days, the Pepe (PEPE) cryptocurrency has experienced an astounding 300% surge. Despite being relatively new, PEPE has enjoyed a remarkable increase in spot trading volume in the last 24 hours, surpassing $2.9 billion and landing in fifth place among USDT, BTC, ETH, and USDC.

Binance, among the biggest cryptocurrency exchanges globally, recently added this new coin on May 5th, and it is anticipated that it will be responsible for the most substantial trading volume going forward. 

Within the last 24 hours, Binance has recorded a trading volume of $1.4 billion, positioning it as the third most significant cryptocurrency by trading volume, behind only BTC and ETH. Moreover, OKX has contributed the highest trading volume for this coin in the last 24 hours, amounting to an impressive $650 million.

At present, Pepe is trading at $0.000002778, demonstrating a 17.43% increase in the past 24 hours and a significant 15.45% surge in its marketcap, with a 45.12% decrease in the 24 hours trading volume. The token hit its peak of $0.000004354 after beginning the week at $0.0000004577, displaying a strong and remarkable weekly performance. 

PEPE 7D graph coinmarketcap
Source: CoinMarketcap

Meanwhile, FLOKI is also gaining attention from the community as a second-top weekly performer. Over the past week, FLOKI has experienced an impressive surge of approximately 2%. As of now, FLOKI is trading at $0.00004036; in the last 24 hours, the token has experienced a significant 3.08% increase.

FLOKI 7D graph coinmarketcap 2
Source: CoinMarketcap

The price increase of FLOKI was initiated by various cryptocurrency exchange platforms announcing their decision to list the coin, including Binance and GEN 3.0 Crypto Exchange ixfi. Bitfinex, a prominent digital asset trading platform, also announced its support for FLOKI. 

The cryptocurrency community has responded positively to the news of FLOKI’s addition to multiple trading platforms, and investors are hopeful for potential gains in the near future.

Moreover, some popular coins are experiencing gains in weekly charts, including TRON at 4%, STX at 3%, and Rocket Pool, with an increase of 6%, according to the data from CoinMarketcap. 

Bitcoin (BTC) & Ethereum (ETH) Weekly Review

The world’s largest cryptocurrency, Bitcoin, maintained a steady position within its crucial resistance range of $28,178.39 to $29,952.03 over the last week. Meanwhile, the second most valuable cryptocurrency, Ethereum, encountered a comparable scenario, hitting a 15-day high of $2k while trading within its key resistance levels.

BTC 7D graph coinmarketcap 4
Source: CoinMarketcap

On May 4th, Ethereum’s active deposits hit an 8-month high, which Santiment predicts will increase volatility. On May 5th, exchange addresses interacting on the network reached a high point, indicating signs of decoupling and a potential $2,000 price point. ERC20 token transfers also hit a high point, indicating strong activity within the Ethereum ecosystem.

ETH 7D graph coinmarketcap 4
Source: CoinMarketcap

According to the data from CoinMarketCap, Bitcoin is currently trading at $28,771.36, with a 0.32% decrease over the past seven days and a 0.32% in the past 24 hours. While ETH is trading at $1,912.19, experiencing a 0.72% increase in the past 24 hours and 1.22% over the past seven days.

Related Reading | Bitcoin Transactions Break Records: On-Chain Activity Surges To Unprecedented Heights

Filed Under: News, Market Analysis Tagged With: Bitcoin (BTC), Ethereum (ETH), Floki, PEPE

Floki & Pepe Take Center Stage: Binance Announces Listings On Innovation Zone

May 5, 2023 by Ammar Raza

Binance, one of the leading crypto exchanges, has announced adding two new tokens to its trading platform. Starting from 00:00 on May 6th, the exchange will list FLOKI and Pepe on its Innovation Zone, allowing users to trade these innovative tokens.

#Binance will list @pepecoineth $PEPE and @RealFlokiInu $FLOKI in the innovation zone.

➡️ https://t.co/yxcINj0whc pic.twitter.com/o4UTvWZkHj

— Binance (@binance) May 5, 2023

The spot trading pairs available for trading are FLOKI/USDT, FLOKI/TUSD, PEPE/USDT, and PEPE/TUSD. Users can begin depositing both coins in preparation for trading, and withdrawals will be open from 16:00 (UTC) on May 6th.

Notably, Binance has waived the listing fee for both coins, and users trading in TUSD will enjoy zero maker fees until further notice. Furthermore, within 48 hours of the listing, Binance will introduce FLOKI/USDT and PEPE/USDT as new borrowable assets with margin trading pairs on an Isolated Margin.

FLOKI started as a meme coin project and has expanded its offerings to include a range of products such as an NFT-based game, NFT collections, and a crypto debit card. FLOKI serves as the utility token for this product ecosystem.

On the other hand, Pepe is a meme coin based on the popular cartoon character “Pepe the Frog.” It is important to note that it has no utility and is created by an anonymous team.

According to Binance:

Please note that, as of the time of writing, PEPE has no token utility or value support mechanism. Also, there are signs that certain insiders or team members were able to buy 7% of the total token supply minutes after TGE. 

Pepe Coin & Uniswap: Fueling The Memecoin Frenzy

Meanwhile, another development has emerged, indicating that the increased attention on Memecoins has resulted in a notable rise in the number of users actively utilizing Uniswap – a well-known decentralized exchange.

According to the latest data from Ultrasound Money, Uniswap-related contracts have burned more than 15,000 ETH in the past seven days alone. That’s a staggering amount of money, indicating much interest in Memecoins among cryptocurrency enthusiasts.

PEPE is one of the most popular Memecoins that’s been making headlines lately. Despite only being around for a few weeks, this quirky little token has already completed over 410,000 transactions on Uniswap. And all those transactions have burned a total of about 5,300 ETH in gas fees, which translates to roughly $10 million.

image 9

Nevertheless, it’s clear that Memecoins are here to stay, and Uniswap is at the forefront of this exciting new trend in the world of cryptocurrency.

Related Reading | Dogecoin Wallet Awakens After Being Dormant for 9.3 Years

Filed Under: Altcoin News Tagged With: Binance, Cryptocurrency, Ethereum (ETH), Floki, NFT

Floki Inu Lands On Bitfinex: New Opportunities & Credibility For The Meme Coin’s Ecosystem

May 5, 2023 by Mishal Ali

In an exciting development for the meme coin community, Floki Inu, the utility and governance token of the FlokiInu ecosystem, has announced that deposits are now open on Bitfinex, one of the oldest and most respected cryptocurrency exchanges. 

$FLOKI deposits are now open on @Bitfinex!

Trading will commence on May 5, 2023 at approximately  10 AM UTC, in trading pairs against the US Dollar (USD) and Tether tokens (USDt). https://t.co/3Mu9Cg33V2

— FLOKI (@RealFlokiInu) May 4, 2023

It follows a recent tweet by FLOKI on May 3rd, revealing the listing on Bitfinex, which has further solidified the token’s legitimacy and accessibility.

Bitfinex, known for its institutional prowess, has become a hub for industry movers and shakers. Adding the FLOKI token to its trading pairs is expected to attract significant attention from investors and enthusiasts.

Starting May 5th, 2023, at approximately 10 AM UTC, trading of the FLOKI token will commence on Bitfinex. The trading pairs available for FLOKI will be against the US Dollar (USD) and Tether tokens (USDt), providing users with multiple options to engage with this popular meme coin.

With the listing on Bitfinex, FLOKI aims to expand its reach and create new opportunities for its growing community. However, listing FLOKI on a reputable exchange like Bitfinex is a testament to the project’s credibility and potential.

The news has already generated considerable excitement within the crypto community, with investors eagerly awaiting the launch of FLOKI trading on Bitfinex. The increased accessibility and exposure provided by Bitfinex’s platform are expected to drive further interest and participation in the Floki Inu ecosystem.

Floki Inu Price Analysis

Floki Inu (Floki) has taken a significant hit. Over the past week, the coin has experienced a notable 13.55% decline in value. As per the latest data from coinmarketcap, the current trading price of Floki stands at $0.00003221, indicating a dip of approximately 6.29% in the last 24 hours alone. 

FLOKI 1D graph coinmarketcap

Furthermore, the trading volume for the coin over the last 24 hours has plummeted by a staggering 44.64%, while the market cap has also suffered a decline of 6.20%.

Despite these setbacks, the crypto community eagerly awaits the impact of the FLOKI listing on Bitfinex. It remains to be seen how this listing will affect the coin’s value, but it will certainly be noteworthy for investors to watch.

Related Reading | FLOKI Takes An 11% Dip, But BTCEX Launchpad Signals Potential Comeback 

Filed Under: Altcoin News Tagged With: Bitfinex, Cryptocurrency, Floki, USDT

  • Go to page 1
  • Go to page 2
  • Go to Next Page »

Primary Sidebar

Recent Posts

  • Cardano Team Laying Ground To Onboard L2s- Developer May 31, 2023
  • Renowned Bitcoin Author Dr. Saifedean Ammous Joins El Salvador’s Economic Revolution May 31, 2023
  • Solana’s v1.14 Upgrade Gains Massive Adoption, Reaching 97.4% Stake Support May 31, 2023
  • Coinbase CEO Urges Smart Regulation To Secure America’s Global Financial Leadership May 31, 2023
  • Crypto Compliance – bitFlyer Implements Travel Rule For Secure Remittances: Report May 31, 2023

Footer

News

  • Altcoin News
  • Bitcoin News
  • Blockchain
  • Tron News
  • World

Digest

  • Meet the Founder
  • Price Winning Article
  • DeFi
  • Cyber Security
  • Crypto Scam

Industry

  • Project Review
  • Technology
  • Fintech
  • Tron Exchange
  • New in Town

Tron Universe

  • Event and Tron Parties
  • New in Town
  • Tron Tokens

Follow Us

Subscribe US

Copyright © 2023 · Tron Weekly. All Rights Reserved. NOTE: Tron Weekly is an independent crypto news site that adheres to the strict journalism policy anchored on transparency, trust, and objectivity, we have no affiliation with the TRON Foundation, its founder Justin Sun or any other cryptocurrency firm.