Floki Inu soars 95% following renewing interest in its ecosystem

Floki Inu (FLOKI) soared by around 95% in the last 24 hours to $0.0000489551  at the time of writing, according to CryptoSlate’s data.

The meme token rallied by over 40% on Feb. 15 when Elon Musk posted a meme tweet declaring his Floki dog as Twitter’s CEO.

Floki’s trading volume surge

The Floki team noted that the asset’s trading volume in the last 24 hours was over $150 million, with “a good portion” on decentralized exchanges — its highest trading volume in the past year.

The meme coin dominated trades on the Dutch exchange Litebit, accounting for 47% of the platform’s total trading volume.

Meanwhile, crypto exchange KuCoin announced Floki’s listing on Feb. 15. KuCoin said the meme coin would be available for trading by Feb. 17. The project developers added that the listing would introduce the asset and its utility to KuCoin’s 27 million users in 207 countries.

Besides that, a decentralized finance product under the Floki ecosystem FlokiFi said the total value of assets locked on its protocol crossed $17 million. FlokiFi is an Ethereum Virtual Machine (EVM) — compatible with 12 blockchains — that allows users to lock their digital assets.

Posted In: Analysis, Memecoins

Bookmark (0)
ClosePlease loginn

Related Posts

Trump NFT sales volume soars 461% following indictment

Trump NFT sales volume soars 461% following indictment

Trump has lashed out at the news of his indictment, calling it a “political persecution.”

Bookmark (0)
ClosePlease loginn
XRP Perpetual Futures Open Interest skyrockets to $610 million

XRP Perpetual Futures Open Interest skyrockets to $610 million

The XRP derivative market indicates strong positive sentiment, some expect the SEC lawsuit to conclude soon.

Bookmark (0)
ClosePlease loginn

Binance Fan Token Platform Launches Alpine Race Collectibles for Unique F1 Experiences

Bookmark (0)
ClosePlease loginn
CNBC’s Jim Cramer calls Binance “way too sketchy”

CNBC’s Jim Cramer calls Binance “way too sketchy”

Crypto community reacts to Jim Cramer’s comments on Binance with humor and irony amid mounting regulatory pressures.

Bookmark (0)
ClosePlease loginn
CryptoSlate wMarket Update: Mixed market performance sees Bitcoin drop below $28,000

CryptoSlate wMarket Update: Mixed market performance sees Bitcoin drop below $28,000

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

Bookmark (0)
ClosePlease loginn
KCC upgrade to enhance performance goes live on testnet

KCC upgrade to enhance performance goes live on testnet

The fan-built KCC V.1.3.0 upgrade focuses on merging upstream code, enhancing performance, and resolving bugs.

Bookmark (0)
ClosePlease loginn

Leave a Reply

Your email address will not be published. Required fields are marked *