Will Listing Of Floki Inu On Brazil’s Largest Exchange Boost Meme Coin’s Price?
May 13 2023 - 2:30AM
NEWSBTC
Floki Inu (FLOKI) has been listed on Mercado Bitcoin, the largest
and most respected cryptocurrency exchange in Brazil. This move has
sparked much excitement and speculation among cryptocurrency
enthusiasts, especially those who have invested in the meme coin.
The question on everyone’s mind is how this listing has impacted
the price of Floki Inu. Given the size and reputation of Mercado
Bitcoin, it’s not surprising that many are predicting a significant
boost in the coin’s value. However, as with any investment,
there are no guarantees, and it remains to be seen how the market
will react to this news. Let’s delve deeper into the implications
of Floki Inu’s listing on Mercado Bitcoin and examine the factors
that may influence its future price movements. Related Reading:
Ethereum Loses Grip On $1,800: Will The Bulls Barge In To Save The
Day? Floki Inu Goes To Brazil Since its launch in June 2021, Floki
Inu has gained a substantial following and become a favorite among
meme coin enthusiasts. Its popularity has been fueled by Elon
Musk’s tweets, which have often featured his Shiba Inu dog,
Floki. While the coin’s value initially experienced some
turbulence, it has since stabilized, and many believe that it has
the potential for significant growth in the future. $FLOKI just got
listed on Mercado Bitcoin! 🔥@MercadoBitcoin is the biggest and most
respected #crypto exchange in Brazil with over 3.8 million
users!#Floki adoption continues! https://t.co/N7kw4bnNvL — FLOKI
(@RealFlokiInu) May 12, 2023 The listing on Mercado Bitcoin is a
significant milestone for Floki Inu as it opens up a new market and
brings the coin to a wider audience. Mercado Bitcoin is the largest
cryptocurrency exchange in Brazil and is known for its stringent
listing requirements and high trading volume. Price Movement
Following Mercado Bitcoin Listing After a turbulent period, the
price of Floki Inu on CoinGecko currently stands at $0.00003512,
with a 4.6% increase in the past 24 hours. However, the coin has
experienced a decline of 21% over the past seven days. Source:
Coingecko The exchange’s decision to list Floki Inu is a testament
to the coin’s legitimacy and potential. Moreover, it provides a
level of credibility that could help increase investor confidence
in the coin The coin’s performance has been mixed since its
listing, and the price movement has been somewhat
unpredictable. Despite this, there have been some positive
signs, as the coin has maintained a 3.4% increase over the past 30
days. BTC loses grip on the $27K handle. Chart:
TradingView.com Related Reading: SHIB Holders, Get Ready: Latest
Shiba Inu Update Could Be A Game Changer It remains to be seen how
the market will react in the coming weeks and months, and whether
Floki Inu will experience sustained growth or continue to see
volatility. FLOKI’s listing on Mercado Bitcoin represents a
significant milestone for the coin, and many investors remain
optimistic about its long-term potential. -Featured image from
StormGain
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