Ad

FLOKI listed on Binance Spot and Toobit Futures and integrated on DWF Labs Liquid Markets

By:
on Mar 12, 2024
Listen
  • Floki listed on Binance Spot and Toobit Futures, enhancing liquidity and market maturity.
  • The two listings comes after an integration with DWF Labs Liquid Markets enables institutional OTC trading.
  • Floki experiences significant price growth, surpassing leading memecoins.

Follow Invezz on Telegram, Twitter, and Google News for instant updates >

FLOKI, the crypto sensation, has recently achieved three major milestones by securing a listing on Binance Spot and Toobit Futures and integrating into DWF Labs Liquid Markets, expanding its reach and market presence.

Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.

The announcements come amidst a resurgence of interest in the FLOKI token, driven by several key developments within its ecosystem.

Binance Spot adds FLOKI/FDUSD trading pair

Copy link to section

By listing the meme coin on its spot trading platform, Binance, the world’s largest and most esteemed cryptocurrency exchange, is responding to surging demand for the memecoin.

With over 170 million users globally and a daily trading volume averaging $65 billion, Binance’s decision to include FLOKI marks a substantial leap in the token’s market liquidity and maturity.

Trading for FLOKI/FDUSD is scheduled to commence on March 13 at 8 AM UTC as indicated by Binance’s official listing announcement.

This listing positions FLOKI among the top-traded cryptocurrencies, showcasing a remarkable 100.85% increase in its price over the past seven days.

Binance’s move not only reflects the growing demand for FLOKI but also signifies its integration into mainstream trading, presenting new opportunities for investors to engage in the vibrant cryptocurrency market.

FLOKI listed on Toobit Futures

Copy link to section

Within minutes of Binance announcing the listing of FLOKI on its spot trading platform, Toobit, a top cryptocurrency exchange with over $9.5 billion in derivative trading volume over the last 24 hours, also announced the listing of the meme coin on the Toobit Futures.

The Toobit Futures listing further enhances FLOKI’s market liquidity and positions it for dominance as it aims to become the world’s most known and used cryptocurrency.

Floki integration into DWF Labs Liquid Markets

Copy link to section

In another groundbreaking development, FLOKI was successfully integrated into DWF Labs Liquid Markets, a move that opens doors for institutional players to participate in large-scale over-the-counter (OTC) trading of the meme coin.

This strategic alignment with DWF Labs Liquid Markets positions FLOKI to tap into the rising institutional interest it has been garnering.

FLOKI price reaction

Copy link to section

Amidst these developments, Floki has experienced notable price movements, reflecting the growing confidence and enthusiasm surrounding the project.

The price of Floki has exhibited significant growth over the past week, with a staggering 7-day increase of 100.85%.

Despite a slight decrease over the past day, with a 1-day change of -4.23%, Floki’s resilience and momentum in the market remain evident.

Additionally, FlokiFi Locker, a crypto locker protocol utilizing FLOKI as its primary utility token, has achieved a Total Value Locked (TVL) all-time high of $148.8 million. This milestone not only underscores the growing confidence in Floki’s ecosystem but also surpasses the TVL of other leading meme coins like DOGE, SHIB, PEPE, BONK, and WIF combined.

Surpassing the combined TVL of other leading meme coins not only demonstrates growing confidence in FLOKI’s ecosystem but also solidifies its status as a deflationary asset within the crypto space after recently successfully burning 190 billion FLOKI tokens.

With FLOKI maintaining its position as the 11th most traded cryptocurrency globally and a 24-hour trading volume of $2.359 billion, it continues to assert itself as a formidable player in the cryptocurrency market. This sustained momentum positions FLOKI as a key contender in the quest to become the world’s most recognized and utilized cryptocurrency.

Ad

Want easy-to-follow crypto, forex & stock trading signals? Make trading simple by copying our team of pro-traders. Consistent results. Sign-up today at Invezz Signals.

Learn more
Altcoins Crypto