Meme Coin FLOKI Gets Listed on Top Exchange Amid Market Decline

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Cryptodnes2024/07/26 07:04

By:Cryptodnes

FLOKI has achieved a significant milestone by getting listed on Bitstamp, one of Europe’s largest and most reputable cryptocurrency exchanges.

This listing includes trading pairs FLOKI/EUR and FLOKI/USD.

Bitstamp, recently acquired by Robinhood for $200 million, holds numerous licenses and registrations worldwide, adding credibility to FLOKI’s presence in the market.

This move is seen as a potential catalyst for FLOKI’s growth, with the team expressing confidence in its future impact.

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Despite this positive development, FLOKI’s market performance has been underwhelming.

Currently trading at $0.0001743, the memecoin has experienced a 2.4% decline in the past 24 hours, with its market cap dropping to around $1.66 billion.

Although trading volume increased slightly to $236 million, making it the 30th most traded crypto, investor confidence appears to be waning.

In addition to Bitstamp, FLOKI has also been listed on Binance, along with tokens like FET, NOT, and ZRO, expanding its trading pairs and further integrating into the crypto market.

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