This meme coin rallies 40% after Binance listing to overtake Dogecon – Is there still a chance for short-term profits? Report

• Binance.US, one of the biggest Cryptocurrency exchanges in the world, has listed Floki Inu 
• FLOKI has rallied over 40% within the past 24 hours as it looks to chase more popular memecoins such as Dogecoin and Shiba Inu.

Binance.US, one of the biggest Cryptocurrency exchanges in the world, has listed Floki Inu (FLOKI). Amid the announcement on Twitter by the FLOKI team, the coin gained over 50% within 24 hours. Additionally, the team, In a tweet, hailed the development, calling the listing a big move that validates its market existence and establishes in the “Meme coin trilogy”. FLOKI has joined in the “big” meme coins, such as, Dogecoin (DOGE) and SHIBA INU(SHIB). 

#Floki is now live on #BinanceUS 🔥

This is MASSIVE news that further legitimizes Floki and makes it clear that we firmly complete the #memecoin trilogy with $DOGE and $SHIB!#Binance is the world’s biggest, most trusted, and most recognized #crypto brand. https://t.co/YfgkmnFPi7

— FLOKI (@RealFlokiInu) April 24, 2023

Binance.Us users can deposit their FLOKI coins, and on Apr 25, 2023, trading is scheduled to start for the FLOKI/USDT and FLOKI/USD pairs at 5 a.m. PDT / 8 a.m. EDT. This announcement comes after FLOKI announced that BitForex, a cryptocurrency exchange platform, will also list it. The listing is scheduled for March 27, 2023, and the users will be able to deposit, Withdraw, and trading will open up on that day. With this new listing, FLOKI will be available to over six million consumers in more than 200 countries worldwide.

As of the time of writing, the FLOKI INU is currently trading at an all-time high of $0.000482, and in the last 24 hours, FLOKI has recorded a total traded volume of $405.61M. The latest rise in FLOKI corresponds with the initiative’s test net’s introduction of staking, marking an advance toward enabling holders to receive rewards. 

Additionally, Floki has been listed on different cryptocurrency exchanges, including Wazir X, Bitpanda, Crypto.com, Digifinex, and Crypto.com. Furthermore, the well-known cryptocurrency Exchange platform Huobi currently provides FLOKI futures to its users. These listings reveal a rising demand for this coin, strengthening its growing popularity in the cryptocurrency market.FLOKI’s Twitter page claims it is the 18th highest-traded crypto in the world, boasting a 24hr trade volume of $185.7M. It also stated that FLOKI investors outnumber those in SHIB.

#Floki is currently the 18th most traded #crypto in the world — with 24 hour volume of $185.7 MILLION+.

There are currently more people trading $FLOKI than $SHIB, $APT, and $CFX.

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Floki is the ONLY cryptocurrency in the top 20 by volume not *yet* listed on Binance or Coinbase. pic.twitter.com/0RxBd1CfEZ

— FLOKI (@RealFlokiInu) April 24, 2023

Floki down from ATH

The market value of Floki Inu now is still much below its peak, which occurred in November 2021 at $0.0003. The coin peaked in September 2021, when Tesla CEO and one of the biggest meme coin enthusiasts, Elon Musk, gave his dog the same moniker as the coin.

Elon Musk, the CEO of Twitter, has often been seen on his page talking about the meme coins, gaining their mass numbers. In February, Musk tweeted that his dog was the new Twitter CEO, which saw a rise in its price increase by over 40%.

All things considered, Floki joining one of the most reliable exchanges worldwide, the coin has made great strides toward becoming known as a respectable and notable meme coin.

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