Floki Listed by Binance.US, Completing the “Memecoin Trilogy”

Floki surges in trading activity after Binance.US listed the horned dog-themed coin.

Floki Inu in front of Shiba inu and doge blowing a Viking horn in a desert with a rising Binance sun.
Created by Kornelija Poderskytė from DailyCoin
  • Floki is the top gainer of the day on the Binance.US listing announcement.
  • The American subsidiary of Binance will now host SHIB, DOGE, and FLOKI.
  • Previously, Floki was adopted by the exchanges KuCoin and OKX.

One of the most famous American crypto platforms, Binance.US, announced today the addition of Floki (FLOKI) trading pairs. The emerging dog-themed coin should be available for trading with FLOKI/USDT and FLOKI/USD starting from 5 a.m. PDT / 8 a.m. EDT on 25th April 2023.

FLOKI Trading Activity Tops SHIB

Following the news, the Viking dog-themed memecoin catapulted 35.7% in the last 24 hours. Currently, FLOKI occupies the #113 spot by global market capitalization and is just $62 million away from entering the TOP 100. On top of that, the developments sparked both social mentions and trading activity.

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According to the daily statistics from OKX, the trading volume involving Floki is $38,707,233. In comparison, Shiba Inu trading pairs today on OKX total more than ten times less – just $3.4 million. On the other hand, the difference between the trading volume of SHIB and FLOKI is not as huge on KuCoin, where FLOKI presently ranks #1 in KuCoin’s GemBox.

Can FLOKI Make It to TOP 100?

Sitting at #100 is the rival puppy memecoin project Baby Doge Coin (BABYDOGE), with a significantly larger market cap of $437 million, compared to Floki’s $375 million. Ultimately, the quickly growing community of Floki still has a long way to go, as the official Twitter currently has 470,500 followers – four times fewer than the Baby Doge Army.

Despite the difference in market capitalization, Floki’s market price is much higher than BABYDOGE’s. At press time, Floki trades at $0.00003896 with 35.7% gains in the last 24 hours, according to CoinGecko. On the other hand, Baby Doge Coin trades at just $0.000000002781, with a 2.1% daily downtrend.

On the Flipside

  • Floki is still 88.43% down from its all-time high (ATH) set at $0.00033651 on November 4th, 2021.
  • The crypto community on Twitter also requested Binance to list Floki trading pairs on the global version.

Why You Should Care

Memecoins often spark altcoin rallies and generate a fair share of social mentions for crypto.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.