Tue, April 16

Floki Pumps 10% After KoinBX Listing Announcement, All Set to Capture Indian Crypto Market

Floki KoinBX Editors News
  • The market cap of FLOKI surged 9% in the last 24h to reach $312 million.
  • KoinBX will support the following trading pairs – FLOKI/USDT and FLOKI/INR.

Floki (FLOKI) surges 10% following the listing announcement with KoinBX Exchange, targeting India’s booming crypto market. The listing is set to take place on March 31, 2023, at 11:30 AM UTC.

According to CoinMarketCap, Floki price, at press time, was $0.00003565 with a 24-hour trading volume of $22,496,965, at the time of writing.

FLOKI Price Chart (Source: CoinMarketCap)

The news of the listing on KoinBX is significant because it gives Floki access to the Indian crypto market, which is rapidly growing and represents a huge opportunity for the new token to gain traction. With the addition of USDT and INR trading pairs on KoinBX, Floki will be more accessible to Indian investors than ever before.

Floki was created with the aim of revolutionizing the crypto industry by making it more accessible to the average person. The creators of Floki believe that traditional cryptos are too complicated for most people to use and that they have created a token that is simple and easy to understand.

Floki’s simplicity is reflected in its name, which is a reference to a popular character from the TV show “Vikings.” The creators of Floki believe that the character represents the spirit of exploration and adventure, which is also present in the crypto industry.

The Floki Expansion 

The rise in the value of Floki after the announcement of the KoinBX listing is a testament to the token’s potential. Many investors are excited about the prospect of Floki gaining a foothold in the Indian market, and some are predicting that it could become one of the most valuable cryptos in the industry.

However, as with any investment, there are risks associated with investing in Floki. The crypto market is notoriously volatile, and the value of Floki could just as easily go down as it could go up. Additionally, there are concerns about the legitimacy of some new crypto, and investors should do their own research before investing in any crypto.

Despite these risks, many investors are still bullish on Floki and believe that it has the potential to be a game-changer in the crypto industry. The addition of the INR trading pair on KoinBX will be a game changer, this indicates that Indian investors will be able to invest in Floki without having to worry about currency conversion fees.

Overall, the listing of Floki on KoinBX is a significant event in the crypto world. It represents a major opportunity for Floki to gain traction in the Indian market. However, investors should approach investing in Floki with caution and do their own research before making any investment decisions.

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Cryptocurrency and blockchain tech interest has enticed Carolyna to write for NewsCrypto. She made her personal mission to help non-crypto geeks to understand the technology with ease.