Floki Inu (FLOKI), a meme coin inspired by Elon Musk’s dog, came up with a new listing news. But this time, the stock market adding support is not far away. Binance TR, a subsidiary of Binance, the world’s largest exchange, announced today that it will add support for the meme coin.
We continue to listen to our community and to list Turkish Lira for you. 💛
NEWS CONTINUES BELOWMay 24 at 11:00 am @RealFlokiInu $FLOKI And @ManCity ⚽ $CITY‘I $USD we list in trading pair! #buildtogether
Details: https://t.co/jD64pa32oA pic.twitter.com/8KTasXgRMm
NEWS CONTINUES BELOW— Binance TR (@BinanceTR) May 23, 2023
According to the statement, the stock market will list FLOKI in TRY trading pair as of 11:00 am on Wednesday.
We can say that meme coins have a large following in Turkey. Therefore, FLOKI listing can be considered as an important development. The new listing could allow Floki Inu to be more recognized and used by Turkish crypto users, increasing the interest and adoption of the project by users in Turkey. It could also increase the Turkish crypto community’s confidence in the project and help Turkish investors show more interest in the project.
This development also came at a time when FLOKI was in decline. Meme coin has lost almost 8% if in the past week. The lack of momentum at Floki Inu can be attributed to the crypto community’s waning interest in meme coins.
It is worth noting that despite the listing, Binance TR has issued a risk warning to its users. The exchange drew attention to the high-risk nature of the cryptocurrency market with the following words:
“Binance TR will list the projects for you with dedication, but keep in mind that the cryptocurrency market includes high risk. When carrying out your trading transactions, only risk the capital you are willing to lose.”
You can follow the current price action here.