Floki Soars 335%, Joins Top 100 Cryptos as Whales Double Down

Von | 24. Februar 2023

• Floki (FLOKI) surged 335% in a month to enter the TOP 100 crypto coins.
• Whales on Binance Smart Chain (BSC) are accumulating FLOKI, while Shiba Inu (SHIB) is the top ETH whale.
• KuCoin and OKX have listed FLOKI against USDT & USDC, and it has reached over 44,000 holders across both blockchains.

Floki Becomes Top Traded Cryptocurrency

The emerging memecoin Floki has surged 335% in a month to enter the TOP 100 cryptocurrency coins. Whales on Binance Smart Chain (BSC) have been actively accumulating FLOKI, making it one of the top traded cryptos on the network. Meanwhile, rival canine-themed coin Shiba Inu (SHIB) leads among the largest ETH whales.

Elon Musk’s Tweet Boosts Crypto Prices

The prices for all three dog-themed tokens were boosted by Elon Musk’s announcement that the Shiba Inu mascot dog is now the new CEO of Twitter. Despite this satirical tweet from The Dogefather being beneficial for all three tokens, Floki got the most out of it as its name was visible in the contract.

Floki Gets Listed On Major Exchanges

Floki recently got accepted by two major crypto exchanges; KuCoin where it trades against USDT (Tether) & USDC (USD Coin), and OKX which offers a wider range of trading options such as savings, perpetual, and futures contracts. This helped Floki clinch its #99 spot among global market cap rankings.

Growing Popularity Among Ethereum Whales

In contrast to BNB Chain whales who favor FLOKI over SHIB, Ethereum whales remain loyal to their favorite token with SHIB still leading among them with regards to volume traded. Despite a 10% dip after KuCoin’s listing due to market correction, FLOKI is still 8% up over last 24 hours and has surpassed 440k holders across both blockchains combined – a milestone achievement for this rapidly growing memecoin!

Conclusion

With its impressive bull run and mainstream acceptance from major exchanges like Kucoin & OKX – not to mention Elon Musk’s endorsement – Floki proves itself an emerging force to be reckoned with in the world of cryptocurrency!