FLOKI’s Trading Volume Hits $492M, Surpassing WIF and SHIB in 24 Hour Trades
cryptonewsland.com 28 August 2024 08:37, UTC - FLOKI’s 24-hour trading volume surged to $492 million, outpacing SHIB and WIF.
- Integration with DWF Labs Liquid Markets attracted institutional investors, boosting FLOKI’s volume.
- FLOKI’s innovative ecosystem and community engagement are reshaping the memecoin landscape.
FLOKI has made a significant leap in the crypto market. In just 24 hours, its trading volume soared to an impressive $492 million. This surge has outpaced both Dogwifcoin (WIF) and Shiba Inu (SHIB), which recorded volumes of $408 million. But what fueled the latest performance?
JUST IN: $FLOKI ( @RealFlokiInu ) flips $WIF and $SHIB in 24 hour trading volume
@RealFlokiInu 24h Volume : $492M
@dogwifcoin 24h Volume : $408M
@Shibtoken 24h Volume : $260M pic.twitter.com/gFLrqCEujV— BlackStars | Crypto News (@BlackstarsMKTCR) August 27, 2024
FLOKI’s Meteoric Rise
FLOKI’s recent trading volume surge is a testament to its growing popularity. The token has been gaining traction, thanks to its active community and strategic partnerships.
The integration of FLOKI into DWF Labs Liquid Markets has also played a crucial role. This move has opened doors for institutional investors, further boosting its trading volume¹.
The increased trading volume is not just a fleeting moment, reflecting the strong momentum behind FLOKI. The token’s ecosystem, including the FlokiFi Locker, has seen significant adoption.
This crypto locker protocol has achieved a total value locked (TVL) of $148.8 million, surpassing other leading memecoins. As FLOKI continues to innovate and engage its community, it will be interesting to see how it shapes the future of memecoins.
What This Means for the Market
The surge in FLOKI’s trading volume indicates a shift in the memecoin landscape. Investors are looking beyond traditional favorites like SHIB and WIF.
FLOKI’s innovative approach and active community engagement are paying off. This trend could lead to more investors considering FLOKI as a viable option in their portfolios.
Moreover, the increased trading volume enhances FLOKI’s visibility in the market. This positions the token as a strong contender among memecoins.
With continued strategic moves and community support, FLOKI could maintain its upward trajectory. FLOKI’s impressive trading volume of $492 million in just 24 hours is a significant milestone.
