A rival of dog-themed crypto assets Shiba Inu (SHIB) and Dogecoin (DOGE) is continuing to surge after being listed on a major crypto exchange.
In a new update, the team behind the crypto project Floki (FLOKI) announces that the meme asset is going to be listed by Kucoin, a prominent crypto exchange platform.
[adinserter block="1"]“The people’s exchange has listed the people’s cryptocurrency! FLOKI is now live on the Kucoin exchange. This is MASSIVE and one of FLOKI’s biggest exchange listings, introducing Floki and our utility to 27 million users in 207 countries and regions.”
Floki is expected to launch on Kucoin as soon as tomorrow.
News of the listing sent FLOKI skyrocketing, continuing the momentum it gathered at the start of the year. FLOKI is trading for $0.000052 at time of writing, a 42% gain during the last 24 hours. The digital asset has risen by over a staggering 500% since the start of 2023.
Earlier this week, Floki saw a massive uptick after billionaire and Tesla CEO Elon Musk, who bought the social media giant Twitter last year in a multibillion-dollar deal, tweeted pictures of his own pet Shiba Inu dog and said that he wanted to name it “Floki.”
Before that, Floki enjoyed another upward price swing after its community voted to burn nearly 5 trillion tokens in a proposal that intended to reduce the risks surrounding the cross-chain bridge that currently held the majority of the tokens.
Follow us on X, Facebook and TelegramDon't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Quardia/Sensvector
