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Floki Inu soars 95% following renewing interest in its ecosystem

February 16, 2023
in Analysis
Reading Time: 1 min read

Floki Dog (FLOKI) surges about 95% within the last 24 hours to $0.0000489551 at the time of writing, according to of crypto slate data.

Meme tokens surged more than 40% on February 15 when Elon Musk posted a meme tweet declaring that he had named his dog Floki CEO of Twitter.

Floki trading volume surges

The Floki team noted that the asset had over $150 million in trading volume over the past 24 hours, with a “substantial portion” on the decentralized exchange, the highest volume in the past year.

meme coin dominated Trading on Dutch exchange Litebit, which accounts for 47% of the platform’s total trading volume.

On the other hand, the crypto exchange KuCoin announced Floki listing on February 15th. KuCoin said his meme coin will be tradable by February 17th. The project developer added that the listing will introduce the asset and its utility to his 27 million KuCoin users in 207 countries.

In addition to that, FlokiFi, the decentralized financial product of the Floki ecosystem Said The total amount of assets locked under the protocol exceeded $17 million. FlokiFi is his Ethereum Virtual Machine (EVM) compatible with 12 blockchains, allowing users to lock their digital assets.

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