FLOKI Skyrocketed 40% After Listing on Binance.US

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By Degen Lipsa

After Binance, the price of memecoin increased by 40%.FLOKI/USD and FLOKI/USDT trading pairs were introduced in the US.

In the last 24 hours, the price of FLOKI, a popular cryptocurrency with meme-inspired design, has increased by more than 40%.

The price increase took place soon after the asset was published on Binance.US, the company’s American affiliate, platform.

Binance.US, Binance’s division created to cater to Americans, has added FLOKI to the list of supported coins on its platform and stated that users can trade it against USD and USDT.

The announcement had a beneficial impact on the price of the token, which increased to about $0.00003987, or 40% higher than it was 24 hours before.

One of the top achievers on the cryptocurrency market over the past few months has been FLOKI. Even while at times they don’t seem to be directly related, Elon Musk’s contact with it may be a contributing factor.
In February, one of the richest individuals in the planet posted a humorous image of his dog wearing glasses and signing a contract to take over as CEO of Twitter.

Given that his Shiba Inu breed is named Floki, it is understandable why the cost of the digital asset with a dog theme, FLOKI, increased by over 40%.
This was not the first time Musk had caused the price of the memecoin to rise. On Christmas Eve 2021, he outfitted his dog in a Santa Claus costume.
Within the following 48 hours, it rose by 19,000% before rapidly declining after that.

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