Sat, November 2

KuCoin Listed FLOKI and it Spiked Over 45%

Altcoin News
  • FLOKI price increased around 45% in a day.
  • Floki has a 24-hour trading volume of $65 million, which rose more than 460%.

Prominent centralized cryptocurrency exchange KuCoin is listed leading memecoin FLOKI in its trading list with trading pairs FLOKI/USDT and FLOKI/USDC. The trading will be open from 17th February 2023 at 9.00 UTC. And KuCoin users can withdraw the token from 18th February. 

Also, Elon Musk’s sting of tweets that featured Shiba Inu dog as the “New CEO of Twitter” prompted the meme token. FLOKI price soared over 45% in the last 24 hours and 30% from $0.00002304 to $0.00003328 between before and after Musk’s posts and the new crypto exchange support. 

The Memecoin Price Track

Floki (FLOKI) is a utility token of the Floki Ecosystem and the people’s cryptocurrency, created by Shiba Inu community members and fans. Then it was named and inspired by Elon Musk’s Shiba Inu. 

However, the crypto community has embraced KuCoin’s initiative. At the time of writing, FLOKI traded at $0.00003328, which climbed over 238% from the preceding month. The dog-themed token has a market cap of $326 million, increased around 50% in a day, and holds a 24-hour trading volume of $65 million, which rose more than 460%. Also, the cryptocurrency community awaits for Binance to list FLOKI in their trading list. 

Floki (FLOKI) Price Chart (Source: CoinGecko)

Additionally, other meme tokens Shiba Inu (SHIB) and Dogecoin (DOGE) prices also increased. SHIB surged 4.7% and DOGE soared 5.5% in the last 24 hours. Further, the largest crypto exchange KuCoin recently launched a set of anti-fraud measures to increase security and prevent scams.

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A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.