This Meme Coin Became the Favorite of Binance Searches: Its Price Skyrocketed by 30 Percent!

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Floki Inu is the best performing altcoin of the day with a 30% increase in price on Binance, driven by the increasing search trend. happened.

Meme coin achieved another significant success by returning to the top 100 coins. This success came after a 30% increase in price to $0.00004012. FLOKI’s trading volume increased by 101% overnight to $346,337,681, while its market value increased by 26% to $380,541,869.

Why is Floki Price Rising?

The increase in FLOKI price seems to be due to optimism in its ecosystem following the announcement of its latest offshoot, TokenFi. meme coinintroduced TokenFi as a tokenization platform billed to compete in the industry predicted to exceed $16 trillion in valuation by 2030.

Given the observable growth, Floki Inu’s big plans have delighted members of his community, who went on a buying spree and pushed the token price to its highest level since May.

At the time of the team’s announcement, FLOKI was ranked as the 97th largest crypto asset. However, at press time, the altcoin’s resurgence has now helped it become the 89th largest token, with growth of 115% in the past week.

With this rise, FLOKI now ranks higher than leading altcoins such as SUI, Terra Classic (LUNC) and DASH.

The sentiment surrounding TokenFi’s launch and the big reveal about its staking program has boosted the search outlook on Binance. Ranking as the fourth most searched crypto, this search volume is in line with the overall trading volume and demonstrates increasing interest among investors.


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