FlokiFi logged a nearly 100% spike in its total value locked (TVL) in February. FLOKI’s price has more than tripled over the last one month. On 20 February, dog-themed coin Floki [FLOKI] became the most popular crypto asset in the world. Floki surpassed giants like Bitcoin [BTC] and Shiba Inu [SHIB] to grab the first […]
The memecoin has generated immense hype over the past few weeks, which was primarily built on its high-profile exchange listings. FLOKI jumped over 35% after getting listed on KuCoin in the previous week. It made inroads in the South American market as well after it got listed in one of Brazil’s leading exchanges,Speculations are rife that Binance, world’s largest crypto exchange, might be next in line to list the memecoin.
With trading activity slowing down, the weighted sentiment dropped as well, though it should be noted that it was still positive. Declining social volume added evidence to the observation.The Floki community was expecting a strong macroeconomic trigger which could fuse life into the coin again. Most likely, Binance’s listing could pave the way.
FLOKI’s price has more than tripled in the last one month while its market cap also exploded with gains of over 276% in the same period, per . While this sort of growth grabs eyeballs, it is important not to forget the nature of meme coins which have historically showed wild price fluctuations.Subscribe to get it daily in your inbox.
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