Shrey Dua, InvestorPlace
11 Mar 2022
Floki Inu is barking higher on important listing news
Meme token Floki Inu (FLOKI-USD) is enjoying the fruits of a new big-name listing today. Indeed, the FLOKI crypto is up nearly 20% heading into afternoon trading after launching on Huobi Global. Floki fans are surely all smiles today as the No. 2,858 crypto by market capitalization enjoys a jump.
An image of a corgi wearing a horned viking helmet above text saying Floki Inu on a black background.
Source: Zie Project/ShutterStock.com
So what do you need to know about FLOKI’s latest foray into the green?
Well, the meme crypto is seeing immediate gains from this morning’s listing on Huobi. The No. 6 crypto exchange by volume, a Huobi listing alone is usually enough to get the bulls out of bed. This appears to be the case today as FLOKI’s trading volume increases 105%.
Floki Inu has been on a general downtrend since it saw its historic peak last November. This comes despite having a relatively strong social media presence and a number of new developments. Today’s gains comes as a refreshing change of pace.