The Floki Inu crypto coin continues to make waves in the crypto market as it gains new listings on major exchanges. Recently, BitForex, the 26th ranked exchange on CoinMarketCap, announced that it will list FLOKI on its platform, effectively exposing it to six million users in over 200 countries worldwide. The listing is set to take place on March 27, 2023, with FLOKI deposits, withdrawals, and trading becoming available on the same day.
Despite the flurry of recent listings, FLOKI’s price has remained in the red zone, trading at $0.00003778, indicating an almost 3% decline in the past 24 hours, according to CoinMarketCap. However, the ongoing listing spree has generated a lot of buzz in the crypto community, drawing attention to this popular meme coin.
FLOKI’s recent accomplishments in terms of exchange listings are highly significant for the coin and its growing community. These listings are opening up new trading opportunities for FLOKI, increasing its liquidity and attracting more investors.
Besides BitForex, FLOKI has recently made new listings on major exchanges such as Crypto.com, Bitpanda, DigiFinex, and WazirX. Additionally, Huobi, the renowned crypto platform, already offers FLOKI futures to its customers. These listings indicate a growing interest in this meme coin, further fueling its momentum in the crypto industry.
David Gokhshtein, the founder of Gokhshtein Media, and a well-known crypto enthusiast, has been an ardent supporter of meme coins, including FLOKI. He has been a long-term holder of Dogecoin, Shiba Inu, and FLOKI. Gokhshtein recently made a playful tweet, stating that he is going to use his SHIB and FLOKI bags to purchase groceries, drawing laughs from his followers.
Gokhshtein has also been vocal about his defense of meme coins, stating that they have helped a lot of people on Twitter “make bank.” He has responded to the criticism of meme coins from some quarters, stating that he supports the use of crypto assets as a means of investment and that their value is based on their utility and user demand, just like any other asset.
Gokhshtein’s playful tweets reflect the growing willingness of some crypto enthusiasts to embrace meme coins despite their notorious reputation. The FLOKI coin has been likened to SHIB; both are popular meme coins whose popularity extends beyond the crypto world. The utility and potential of FLOKI are still being determined, but its recent listings are significant milestones for the coin.
Despite the recent listings, FLOKI’s price performance is still underwhelming. A possible explanation for this could be the ongoing bearish trend where other major cryptocurrencies such as Bitcoin and Ethereum are also experiencing price declines. Another possibility is that speculative investors who made quick profits on FLOKI’s rise may have abandoned the coin, causing its price to drop from its all-time highs. Nonetheless, FLOKI’s growing exposure on major exchanges suggests that the coin has the potential to regain investor confidence and create significant value for its holders in the long term.
In conclusion, the continued listing of FLOKI on major crypto exchanges signifies the growing interest in meme coins, and it is a testament to the coin’s potential. The list of exchanges where FLOKI is available has increased rapidly, which is expected to increase the coin’s liquidity and trading volume. Therefore, FLOKI may be a promising investment for traders and investors looking to diversify their portfolios.
