Meme Coin Jumps After Listings: Will The Increase Continue?

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  • A popular meme cryptocurrency project trying to outrank its rivals like Shiba Inu and Dogecoin has witnessed a massive price surge after the news that 2 leading Singapore-based cryptocurrency exchanges will list the dog-themed meme cryptocurrency.

Bybitbit dog-themed meme cryptocurrency from two Singapore-based giant cryptocurrency exchanges Floki Inu (FLOKI) While announcing that it will be listed fairly soon, BitWell added the meme coin to its platform. Following listing news and speculation, the project has surged 60 percent in the last seven days and over 62 percent in the last two weeks. In addition, the token is up over 6 percent on the hourly chart.

Floki token
Source: CoinGecko

Floki Inu listings

Floki Inu is listed on popular crypto exchange Bybit ready. Trading on the stock market will begin tomorrow, July 26. Bybit has more than five million registered users and this will potentially increase the usability and awareness of Floki significantly.

Bybit, a cryptocurrency derivatives exchange with a wide range of advanced trading tools, has announced that it is ready to list Floki Inu. The stock market that announced that it will list FLOKI on July 26, 2022 FLOKI token announced that it has already launched the deposit feature for

To celebrate the listing of Floki Inu, Bybit held two unique events for its customers with a total prize pool of 7,100,000,000 (7.1B) FLOKI.

Floki listed on Bitwell exchange

Floki Inu is also on the Bitwell cryptocurrency exchange listed. With more than two million registered users and a daily trading volume of approximately 500 million dollars, this listing is expected to introduce Floki to a large number of new investors.

According to the details, the stock market both BEP20-FLOKI as well as ERC20-FLOKI Launched deposit and withdrawal functions for

Launched in 2020, BitWell is one of the leading trading platforms where users around the world can easily buy, sell and store over 200 crypto assets. The global stock market reaches over $500 million in trading volume within 24 hours.

Floki Inu community awaits Robinhood listing

Alongside this listing news, a petition for Floki Inu to be listed on Robinhood continues to circulate on social media. After a hugely successful online campaign that resulted in the Shiba Inu being listed on Robinhood, FLOKI fans seem to have taken this route too. A listing on this platform, which has approximately 16 million users and allows many tokens to gain widespread popularity, is expected to bring FLOKI to a large number of new users.

Will the increase continue?

Floki Inu’s social interactions increased by 84 percent on the weekly chart, according to data from LunarCrush. This is expected to have a positive impact for the FLOKI token, given that meme coins like FLOKI are heavily tied to social activity and most of the awareness is spread through memes and social media posts. LunarCrsh also shows an 8 percent increase in the market volume of the platform.

flock token
Source: LunarCrush

However, listings alone may not be enough for growth. Whales are constantly looking for projects to pour their huge funds, and today’s spike in the FLOKI token is likely the result of some whale activity. As Floki’s Valhalla project approaches launch, giant investors may be expecting a pump soon and preparing for the feast

However, some analysts think that these hefty purchases and increase may again be a pump & dumb by big whales and a correction may occur in the next few hours as Floki Inu (FLOKI) has already started to drop on the charts.

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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