Met coins have continued to attract the attention of investors in recent times, as it seems that the Crypto Super session is intensifying after Donald Trump’s victory in the US presidential elections.
The last distinctive symbol, which was suffering from a significant height, was confirmed as rumors were confirmed that it would be included in the exchange of two main encodes – Kraken and Coinbase – on Thursday.
Floki is a symbolism of a dog character that was inspired by the famous Dog Shiba Inu and is a reference to the famous TV series “Vikings”.
Last month, its price increased by 70 % and moved the maximum market from $ 1.4 billion to $ 2.4 billion. Meanwhile, trading volumes during the past 24 hours amount to about $ 800 million, according to data from CoinMarkcap, which represents nearly a third of the Floki -collected market value.
Floki identity is deeply rooted in pop culture, inspired by the Viking Warrior dog associated with Eleon Musk.
This smart brand has resonated well with the “Degen” encryption community, which is often famous for embracing high -risk assets and the participation of the emotional community.
Unlike traditional cryptocurrency currencies that derive the value of specific technological innovations or cases of use, the value of Floki is mainly driven by the feelings of the market and the rule of loyal fans.
Coinbase and Kraken lists will open liquidity floods for Floki
The distinctive symbol menu opens on Kraken and Coinbase Flood of liquidity from American investors who will now be able to trade Floki/USD pair on both stock exchanges. Meanwhile, Kraken’s Canadian Kraken’s arrival will also reach digital assets from now on.
Fell
$ Floki Available now in the United States and Calsin! https://t.co/oivxbzzyyv pic.twitter.com/ggkav6y9e3
– Kraken Desktop (@krakendesktop) November 21, 2024
Within the following 24 hours of the advertisement, the trading volume increased by almost 100 %, while the price of the distinctive code initially increased by 15 %. Floki currently occupies the 49th in the CoinmarketCap menu for the most encrypted currencies.
“This list is a great teacher on the Floki trip because it makes it easier for users to reach Floki. It also increases the legitimacy of Floki by clarifying that the largest and most respectable entities in space get to know Comment on X Publishing Confirm the list.
Coinbase emphasized that they are planning to focus on the ERC-20 version of the premium code in the beginning and will gradually offer support to other Blockchains with the development of demand. Floki is also available to circulate on the Binance Smart series and the distinctive symbol is reviewed by CERTIK.
This scalp approach follows the last trend of the stock exchange of adding Meme currencies such as PEPE (PEPE) and Dogwifhat (WIF), which also witnessed a significant increase in prices shortly after their inclusion.
Its inclusion in central stock exchanges such as Coinbase or Kaken means that the distinctive symbol will get more vision as well.
Founding investors take a second look at Mimi currencies
Donald Trump’s successful offer for the second period earlier this month prompted the value of digital assets to new records. This trend has benefited from the area of Mimi currency, where more liquidity was injected into the industry as a whole, in the hope that the elected president’s administration will strengthen a constructive environment for the digital assets sector.
Other MM currencies have delivered a three -day three -day price increase including Dogecoin (DOGE), Bonk (Bonk) and Peanut The Squirrel (PNUT). Although any of these symbols has any kind of practical value or generates cash flows, they have become common among encryption lovers primarily amid their ability to build societies and unity of people.
Founding investors have noticed the phenomenon of Mimi currency. DWF LABS recently launched an investment fund worth $ 20 million, which focuses entirely on digital assets in this field with strong support from society.
Andrei Grachev, the DWF Labs administrative partner, described Meme currencies as “a strong cultural force within the encryption scene, and often unites societies about common humor and creativity.”
The risk of investing in Mimi currencies should not be overlooked
The encryption market is famous for its fluctuation, and the space of the M. is worse because liquidity tends to be low and the chances of going into projects that are basically high frauds.
In the case of Floki, the risk of pulling the rug is not like the other smaller metal currencies. The distinguished has been present for three years so far and the number of its unique owners exceeds 80,000 wallets. Meanwhile, the 10 largest carrying less than a third of the full symbol supply.
However, this does not mean that investing in Floki is free of risk. Market fluctuation is still a high risk factor to consider it because the value of the metal coins can be greatly fluctuated in relatively short periods. Even the largest Meme currencies like Floki and SHIB are very volatile.
Experts recommend that investors only devote money that can bear their loss of this type of financial asset and be patient, as market courses can change quickly and tend to “encrypted winter” to the continuation of a period or three years at least.
Where do you head the folk and Mimi metal currencies?
Increased institutional interest and positive organizational developments can play a decisive role in the future Floki path.
Favimal encryption policies can make this short -term rise in the middle of the range. However, it should be noted that the latest noise may already be in many of these winds.
The sudden rise in Floki, along with the general explosion that the area of Meme is suffering in recent days highlights the dynamic nature of the encryption market and its ability to some events and changes in market morale.
Also read: Where to buy a Floki Inu 2024 guide
As these lists continue to have a complete collapse, investors may speculate on the assets that will be included next to them before they gather like Floki.
However, investors must move forward with caution and ensure that they fully understand the risk of investing in Meme currencies and the importance of comprehensive research and adopting strong risk management policies.
The future of the distinctive symbol is likely to be determined by its ability to maintain the strong community’s participation and continue to secure strategic lists.
