Listing Craze on SHIB Rival Meme Coin: Another Exchange Takes Place!

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  • The Dogecoin (DOGE) fork, a controversial meme cryptocurrency, has been added to another cryptocurrency exchange, continuing its summer listing spree.

Inspired by the Shiba Inu puppy named Floki, named after an eccentric genius shipbuilder in Elon Musk’s popular TV series Vikings, in June 2021 Floki Inu (FLOKI), Deepcoin by cryptocurrency exchange listed.

With a daily trading volume of approximately $2 billion, according to data provided by CoinMarketCap, Deepcoin describes itself as a platform with more than one million registered users in dozens of countries. The trading platform allows its users to trade more than 100 cryptocurrencies.

Various developments continue to take place in Floki Inu. Last month, the Shiba Inu-inspired project announced the integration of the Chainlink Keepers service into the token locking protocol FlokiFi Locker. This innovation was a continuation of Floki Inu’s commitment to improve the performance of its services and further expand its user base.

Floki is also developing an entirely new ecosystem that will help the cryptocurrency industry go mainstream. The new Floki-verse is based on the play-to-win model, which remains one of the most trending segments of the NFT industry at the moment.

Floki has been listed on many exchanges this year

This year has been an active year for Floki in terms of listings. In July, Floki Inu received its first euro listing on the LiteBit exchange. Besides, the popular meme coin also had more than five million registered users in late July. Bybitand has more than two million registered users and a daily transaction volume of approximately 500 million dollars. BitwellAlso listed in .

In addition to this, Dogecoin fork; Gate.io is open to trading on crypto currency platforms such as Huobi Global, MEXC Global and Poloniex. Despite frequent press coverage as a result of audacious marketing campaigns in late 2021, Floki Inu failed to gain significant support within the cryptocurrency community.

With a fully diluted market cap currently $95.6 million, Floki Inu attempted to rekindle its marketing blitz by taking its place on the streets of London in late April with advertisements on the city’s red buses and train stations, but its latest campaign had a strong backlash and the meme coin got into trouble with regulators. .

However, meme coins lost their shine in 2021 amid a wider market correction.

In mid-August, the price of the Shiba Inu (SHIB) token experienced a sudden resurgence, but another meme season remained in the fire.

You can follow the current price action here.

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.


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