Floki Inu coin has caught the attention of cryptocurrency enthusiasts, joining Dogecoin in the ranks of popular memecoins. As a competitor to Shiba Inu, Floki Inu is a multichain token that operates on both Ethereum and Binance Smart Chain networks. The coin is currently among the top 100 cryptocurrencies based on market value. The coin has been listed on Binance.US today, and a “Binance-linked” address holds $630,000 worth of FLOKI tokens. However, it is possible that the coin might be listed on Binance’s main exchange very soon.
“Binance-linked” address holds $630,000 worth of FLOKI tokens
Data from BubbleMaps reveals that an address labeled as “Binance 40” holds more than $630,000 worth of FLOKI tokens. This address is the 41st largest Floki holder and contains various other yet-to-be-listed cryptocurrencies. This information has piqued the interest of crypto enthusiasts, leading to speculation that Floki Inu could soon be listed on Binance.
Elon Musk’s tweet and Floki’s potential Binance listing
Although the meme referencing FLOKI as the new Twitter CEO might be a playful joke, it could also be a hint from Musk that he is actively seeking a successor. Musk has mentioned the possibility of appointing a new Twitter CEO by the end of 2023.
In light of this, the Floki Inu community remains optimistic that Binance will list the memecoin, which currently has a total market cap of $496 million. It’s worth noting the close connection between Binance and Elon Musk, as the cryptocurrency exchange recently acquired equity in Twitter when Musk took over. Binance’s Changpeng Zhao (CZ) and Musk share a positive relationship.
After Musk’s FLOKI tweet, the cryptocurrency became one of the most searched coins on Binance, further fueling the demand for a Floki Binance listing. Shortly after the discussion surrounding Floki as the new Twitter CEO, major crypto exchange KuCoin announced its decision to list the memecoin.
Floki Inu listed on Binance.US
Binance.US, the third-largest crypto exchange in the United States, has announced its support for FLOKI. This move significantly boosts the asset and brings it closer to widespread adoption. The announcement follows a remarkable 33% rally by Floki Inu.
Binance.US shared the news through a press release and its official Twitter account. Floki Inu has already been listed on the platform, with only deposits currently available. Binance.US plans to open trading for Floki against USD and USDT on April 25 at 5:00 (PDT) or 12 noon (UTC).
This announcement aligns with a substantial price surge for Floki Inu, which has seen a 33% increase in value over the past 24 hours. This rise makes Floki Inu the top gainer among the top 500 assets listed on CoinMarketCap.
The asset’s rally began a few hours ago when it rose from $0.00002910 at 12:00 (UTC) to its current value of $0.00003775. Floki Inu’s market cap has also experienced significant growth, reaching $365.8 million. Consequently, the asset now ranks 104th on CoinMarketCap’s list of largest tokens by market cap.
It’s important to note that last year, the Floki Inu community launched a petition for Floki to be listed on Binance’s main exchange. Over 30,000 individuals signed the petition in support.
With the listing on Binance.US, it’s likely that FLOKI will also be listed on Binance’s main exchange in the near future. For now, the crypto community eagerly awaits further developments.