FLOKI Pumps 25%, Prepares for Greater Surge as Kraken Lists Cryptocurrency for Spot Trading
cryptonewsland.com 17 July 2024 10:44, UTC - FLOKI is now listed on Kraken, allowing purchases with EUR and USD, enhancing its market liquidity and reach.
- Kraken’s regulatory standards attract institutional investors and retail traders, boosting FLOKI’s legitimacy.
- Experts predict a potential surge in FLOKI’s price due to the increased visibility and accessibility from the Kraken listing.
FLOKI has been listed by Kraken as a spot listing, marking an important step for the cryptocurrency. Users can purchase FLOKI using both crypto and fiat currencies on the exchange. This new listing makes FLOKI even more accessible by allowing users to buy it on Kraken with both EUR and USD.
$FLOKI has just been listed on Kraken as a spot listing, making it easy to buy FLOKI on one of most trusted US-based cryptocurrency exchanges with crypto and fiat: You can now buy $FLOKI with EUR and USD on Kraken.
Founded in 2011, @krakenfx adheres to stringent regulatory… https://t.co/EkDGY55TJM pic.twitter.com/YihfzRcWQx
— FLOKI (@RealFlokiInu) July 16, 2024
Kraken, founded in 2011, follows strict regulatory standards, making it a popular exchange for both institutional investors and retail traders. With over 10 million users in more than 190 countries, Kraken’s listing of FLOKI not just endorses the cryptocurrency, but also greatly expands its market liquidity.
In recent weeks, FLOKI token has experienced a price drop causing concern in the Floki community. However, analysts believe that recent developments may cause the coin to rise considerably this year. The FLOKI community may look forward to increased awareness and accessibility to their favorite token.
The listing on Kraken Pro will also draw in new investors and provide trading opportunities to existing holders. The coin’s market presence is likely to be strengthened by the bigger audience attracted by this new accessibility. The additional exposure on such a platform may result in an increase in demand, hence driving up FLOKI’s price.
Kraken’s adherence to regulations allows both new and existing investors to trade FLOKI with security. This commitment ensures a secure trading environment, which is essential to attracting institutional investors.
The listing of FLOKI on Kraken is an important move in the cryptocurrency sector. The token’s profile, market liquidity, and trading possibilities are all predicted to rise as a result of the listing. This step may potentially pave the way for FLOKI to achieve its goal of being a globally recognized and widely utilized cryptocurrency.
