With the market moving sideways, a meme coin recently listed on Asian exchanges KuCoin and OKX is breaking a trading volume record. Matched by strong demand, the rally put market leaders Dogecoin (DOGE) and Shiba Inu (SHIB) on the back burner.
This meme coin breaks record in Asia
According to a new development, Floki Inu, one of the largest meme projects in the market, registered a significantly higher trading volume than Dogecoin (DOGE) and Shiba Inu (SHIB). This momentum coincides with the volume flow from the major exchanges where it was recently listed. The milestone was recorded on exchanges such as KuCoin, OKX, and Huobi.
The strong interest helps support Floki Inu’s bullish prospects from key players in the market. The move could also imply that the Floki Inu meme coin is as widely recognized as other competing meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB). The Floki team also published a congratulatory message, sharing the intense interest in the region with the community.
Floki Inu still has a long way to go to catch up with the two leading meme coins in the market. Dogecoin (DOGE), currently the most valuable meme coin, is backed by key players like Elon Musk. DOGE is also the 10th most valuable cryptocurrency with a market capitalization significantly higher than Floki Inu.
On the other hand, the Shiba Inu is the 13th most valuable asset in the market. Ranked #216 in market cap, Floki Inu still has a long way to go before dethroning the Shiba Inu memecoin in terms of price cap, market cap and trading volume. At press time, Floki Inu is down 7 percent in the last 24 hours and its price levels stand at $0.0000462.
DOGE rival teams up with Indian cricket giant
Floki Inu recently collaborated with an Indian cricket giant. The partnership is expected to help the adoption of Floki Inu by putting it in front of nearly 1 billion users on the platform.
In a previous tweet, Floki added that the Maharajas of India will be the jersey sponsor. It will also cover various cricket games at the Legends League Cricket Masters event, which will take place at the Asia twin cricket stadium in Doha, Qatar. The event is scheduled to take place on March 10, 2023.
How about the FLOKI price?
Ranking 216th by market cap, the meme coin is trading at $0.00004637, down 1.5% at the time of writing. cryptocoin.com It was one of the meme coins that rally with Elon Musk’s tweet recently.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.