Floki inu surges 50% following BinanceUS listing

Popular Shiba Inu token rival Floki inu grabbed huge attraction among the crypto traders because of the latest two new support for this meme coin. 

Floki Inu is an averagely popular meme token. In June 2021, an Elon Musk fan launched this token. Indeed Musk revealed his pet Dog name “Floki” on Twitter and after that tweet, Floki Inu token emerged as a new meme coin in this crypto sector. After Dogecoin & Shiba inu token, Floki is the most popular meme coin.

On 25 April 2023, The Floki Inu team informed that its team successfully deployed the Floki staking program on the testnet last week and confirmed that soon staking will be available on the mainnet.

On the same day, BinanceUS, an American subsidiary of the Binance crypto exchange, also opened Floki token trade for BinanceUS customers.

Floki inu price action

Because of two positive news, the Floki Inu token surged by 50% within a few hours. Now the current trade price of Floki inu is 42% higher over the last 24 hours’ trade.

Floki in controversy

In Q3 2021, The Floki Inu team was promoting the Floki tokens in public areas in the United Kingdom (UK). After that in Nov 2021, the advertising regulatory body in the United Kingdom initiated an investigation against crypto assets advertisements & also released dedicated guidelines to prohibit the promotion of volatile digital assets.

At that time many people raised questions about the Floki team, which was fully anonymous, but later many key names became public to confirm that every leader & actor behind this meme coin is working genuinely.

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