• Floki (FLOKI) made a 335% surge in the last month, entering into the TOP 100.
• Whales on Binance Smart Chain (BSC) are actively accumulating FLOKI and Shiba Inu (SHIB).
• KuCoin and OKX have listed FLOKI against several currencies, resulting in a 62% boost after Elon Musk’s tweet.
Floki Surges 335% to Enter TOP 100
The Viking-themed memecoin Floki skyrocketed by 335% over the past month, climbing into the TOP 100 list of cryptocurrencies. Both whales on Binance Smart Chain (BSC) and Ethereum (ETH) are ardently accumulating FLOKI and its rival canine coin Shiba Inu (SHIB).
Floki Listing Boosts Price by 62%
Two major crypto exchanges based in Seychelles have recently accepted Floki – KuCoin and OKX. KuCoin is currently trading FLOKI against USDT (Tether) and USDC (USD Coin), while OKX offers savings, perpetual, and futures for trading with Floki as well. After these listings, the price of Floki surged 62%, following an even greater 335% bull run for the past month. Furthermore, at the time of publication, Floki has reached 44,000 holders on both BSC & ETH combined.
Elon Musk’s Tweet Influences Floki Price
The most influential boost for Floki came from Elon Musk’s satirical tweet that declared Shiba Inu mascot dog as Twitter’s new CEO. This gave a great advantage to all three dog-themed tokens: Dogecoin (DOGE), Shiba Inu (SHIB), and especially Floki – which was named explicitly in the contract visible in Tesla CEO’s post. As a result of this announcement, when combined with its recent listings, Floki soared up to secure #99 spot among global market cap leaders overnight.
Whales Double Down on SHIB & FLOKI
Despite a slight market correction sending FLOKI down 10%, it is back to winning with 8.1% gains within 24 hours since then. However, compared to Ethereum whales who favor SHIB more than any other cryptos they hold – including Dogecoin – BSC whales are actively racking up their positions with FLOKI more than anything else on their portfolios among TOP 1K tokens listed there; even surpassing Polygon (MATIC), Filecoin (FIL), DOGE or SHIB itself.
The market surge of memecoins such as Dogecoin or Shiba Inu has been around for some time now but none can compare to this month’s impressive performance of the newcomer – Viking-inspired doggo token called ‘Floki’ which made its way into top 10 rankings due to huge demand from investors across both major chains – BSC & ETH – putting it ahead of MATIC & FIL as well as DOGE & SHIB itself thus far!