Floki (FLOKI) Listed on Bitstamp, Promises Fee-Free Trading for the First Month
- WBOYOriginal
- 2024-07-27 00:19:42692browse
Floki's FLOKI/USD recent Bitstamp listing has traders optimistic about the meme coin's near future.
With the Bitstamp listing of Floki, traders are optimistic about the near future of the meme coin.
Floki announced that it is live on Bitstamp, Europe's oldest and largest cryptocurrency exchange. The two pairs that will be listed will be FLOKI/EUR and FLOKI/USD and will be available for free trading for the first month. The exchange, which was recently acquired by retail trading platform Robinhood, has 50 licenses and registrations in key jurisdictions globally.
Crypto traders reacted with optimism that it was a big win for Floki as it is one of the few meme coins listed on Bitstamp, as one trader noted.
Another trader noted that Floki is well positioned compared to Pepe PEPE/USD, Dogwifhat WIF/USD, and Bonk BONK/USD if the market rebounds for meme coins.
Also Read: Top Crypto Trader Shares 5 Meme Coin Portfolio Picks, Calls One 'The DOGE of This Cycle'
Why It Matters: According to Coingecko data, Floki is the sixth biggest meme coin. It rose 4% over the last 30 days, outpacing Shiba Inu SHIB/USD and Pepe, which each fell 4%.
Crypto trader Posty thinks the “only uptrend” could restart for Floki in his latest X post.
Crowd trader Crypto Scofield emphasized that dog meme coins are looking strong and thinks Floki is “performing well and following Dogecoin’s DOGE/USD movements as it often acts as a beta of Doge.”
He emphasized that Floki has shown strength over time and has strong fundamentals and upcoming catalysts to be announced.
Another crypto trader expects an uptrend soon:
Trend -> Combination -> Trend
$FLOKI https://t.co/nc1Sh0XV1L pic.twitter.com/gPXmM4fv8j
What's Next: The impact of meme coins is expected to be examined in detail at Benzinga's upcoming Future of Digital Assets event on November 19.
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