Explodes 165%: Transaction Volume Soars on This Meme Coin! What’s going on?

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WazirX, a major cryptocurrency exchange based in India, Floki Inu (FLOKI) announced its listing. Less than 24 hours after this announcement, the Singapore-based Digifinex exchange also announced that it will add support for the meme coin. These developments moved the price of FLOKI. Here are the details.

Digifinex The exchange states that the FLOKI/USDC pair is listed in order to make Floki more accessible to exchange users. announced.

India’s largest crypto exchange WazirX de listed FLOKI announced. According to a recent Twitter announcement, the FLOKI/USDT trading pair is available on the platform and allows users to buy, sell and trade the cryptocurrency.

It is worth noting that Floki’s entry into the Indian market is significant because India is now the second most populous country in the world with a massive population of 1.4 billion. It is also one of the largest economies in the world and an important part of the crypto economy.

FLOKI, the price responded to the positive listing news and suddenly gained over 15%. While the meme coin was trading at $0.00004109 during the day, it went up to $0.00004729.

This rise in price also triggered an increase in trading volume. Transaction volume increased by 160%. In terms of trading volume, it refers to the total volume of coins exchanged between buyers and sellers. Volume is often a double-edged sword as it indicates both buy and sell side trades. However, the rise in the meme coin price can be taken as proof that the buy side has the upper hand.

You can follow the current price action here.


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