Shiba Inu Rival Meme Coin Will Be Listed On This Major Crypto Exchange!

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shiba inu rival Floki Inu will be listed on the international subsidiary of Bithumb, a major South Korean exchange, next week.

In a statement made on the exchange’s Twitter account today, the Shiba Inu rival Floki Inuof (FLOKI)will reportedly be listed by BitGlobal, an international crypto trading platform based in Hong Kong. The listing of the meme coin, inspired by SpaceX CEO Elon Musk, will take place on December 27.

The trading platform was launched in 2019 as an offshoot of South Korean crypto giant Bithumb, with the aim of expanding the company’s global presence.

Reaching $213 million in transaction volume in the last 24 hours, BitGlobal currently operates in 196 countries around the world.

Originally called Bithumb Global, the exchange entered the rebranding process in July.

This branding move was linked to regulatory concerns that pushed the largest exchange in South Korea to move away from anonymous branches, which remain wholly owned subsidiaries. Bithumb Singapore, which is no longer authorized to use the exchange’s brand, also changed its name to Bitholic.

The meme coin storm in South Korea had already started by another crypto exchange. As previously reported by KoinFinans, Korbit, one of the largest South Korean crypto exchanges, added support for the Shiba Inu meme coin in early November.

Along with Bithumb, Korbit was among the South Korean exchanges that managed to survive the severe regulatory pressure in the country earlier this year. More than 40 cryptocurrency exchanges were shut down in the country earlier this year.

Rise from the Ashes

After the original developer Floki Inu abandoned the project and robbed the project of its opportunity to succeed, the meme token managed to resurface in July with a “V2” version.

Then the Shiba Inu rival made headlines again in November, taking over London’s transport system with an aggressive marketing campaign.

Not content with that, Floki Inu supporters also managed to establish partnerships with major football clubs.

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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