Cryptocurrency markets meme coinIt is now a known fact that ‘s are getting stronger very quickly and their adaptations are increasing. Meme coins like Dogecoin, Shiba Inu, Floki Inu were actually assets that could be considered a ‘joke’ or a difficult dream to come true, even a very short time ago. However, as the market dominance of cryptocurrencies increased, meme coins also managed to get their share of dominance in this market.
Floki Inu (FLOKI) The meme coin, on the other hand, has made a name for itself enough to surpass Amazon’s stocks (AMZN), which has recently recorded a 15% increase in value, on a platform.
While it is surprising that this success came by Floki Inu instead of Dogecoin (DOGE) or Shiba Inu (SHIB), it is also very meaningful. Although Floki Inu was launched as a Shiba Inu dog themed meme coin, it wants to get rid of the ‘meme coin’ tag in the near future and become a forefront solution in the world of cryptocurrencies and blockchain.
FLOKI token has become the number one trend on Stocktwits, the original social platform for investors and traders across all asset classes, momentarily surpassing AMZN.
This was a huge success for the FLOKI team and community as the token took over the number one spot after it profitably launched in Amazon’s earnings report following a massive increase in share price (AMZN had recently posted a 15% appreciation).
#FLOKI just flipped $AMZN to trend as the #1 asset on #Stocktwits.
Coming on the heels of Amazon’s impressive earnings report Yesterday, this is an impressive achievement.
This shows that $FLOKI truly is the people’s movement.
The PEOPLE trump any giant corporation any day! pic.twitter.com/LIwzM89LGl
— Floki Inu (@RealFlokiInu) February 4, 2022
While FLOKI fell to second place at press time, this was big news for the crypto community as Stocktwits recently launched a crypto trading platform on Thursday.
Stocktwits was released last year by an army of retail traders who stocked the meme GameStop [GME.N] and AMC [AMC.N]It was among the online message boards used to make a profit in , resulting in huge losses for hedge funds.
Stocktwits members use a cash tag with a dollar sign before the stock to share tips or ideas about a company. The social media platform analyzed these posts and message volumes to gather sentiment and list the most trending stocks on its platform.
FLOKI, which took the first place following the addition of crypto money support, managed to make a name for itself. However, he announced that FLOKI had recently established strategic partnerships.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.