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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?
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
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
