Floki Inu Briefly Overtook Amazon as the Top Trending Stock on Stocktwits

Floki Inu Briefly Overtook Amazon as the Top Trending Stock on Stocktwits
  • Floki Inu has been up 25.01% in the last 24 hours.
  • Stocktwits utilize a cashtag, a dollar symbol that exists before a stock ticker.

Sometime back, cryptocurrencies like Dogecoin, Floki Inu, and others were simply a fantasy. Now, they’re becoming an actuality in the real world. On the other hand, Cryptocurrency has spread throughout the globe and is threatening Amazon’s e-commerce dominance.

The Floki Inu, a meme token that aspired to remove the tag of a meme currency, accomplished this remarkable achievement. FLOKI token briefly overtook AMZN as the top trending stock on Stocktwits, the first social trading platform for all asset classes.

The FLOKI team and community showed the excitement of this significant accomplishment, as the token was able to overtake Amazon as the number one cryptocurrency after the company’s quarterly report hailed profits after a significant rise in its price.

Although Short-lived Yet Fans Excited

At this writing, FLOKI had fallen to the number two slot on the recently launched crypto trading platform on Thursday. However, fans were quite excited about this development. Last year, an army of retail traders leveraged Stocktwits and other internet discussion boards to drive gains in meme stocks like GameStop [GME.N] and AMC [AMC.N], causing enormous losses for hedge funds.

Stocktwits utilizes a cashtag, a dollar symbol that exists before a stock ticker, to communicate their thoughts and ideas about a firm. To compile user opinion and display the most popular stocks on its portal, the social media platform examined the postings and message volumes around the ticker.

According to CoinMarketCap, the Floki Inu price today is $0.000043 USD with a 24-hour trading volume of $7,874,079 USD. Floki Inu has been up 25.01% in the last 24 hours.

A diploma graduate who is passionate about digital currency and loves writing. He loves the concept of crypto and keeps himself up to date with the latest development and news of the crypto world.