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Floki Inu Trends Atop Ranks After Binance Recognition

Binance's guide on buying the protocol’s native token provoked a very positive impact.

Binance Boosts Floki Inu Adoption 

Memecoin protocol, Floki Inu appears to have profited from Binance's strong influence in the industry. Binance is the leading cryptocurrency exchange platform in the Centralized Finance (CeFi) and Decentralized Finance (DeFi) space. In addition, the Centralized Exchange (CEX) platform is prominent in the crypto space. 

On April 12, Floki Inu gained recognition from the popular exchange platform. Binance published a guide on buying the utility token on BNB Chain. The publication placed Floki Inu’s native $FLOKI token in the league of recognized cryptocurrencies in the world. Following the protocol’s recognition by Binance, $FLOKI adoption increased. As a result, Floki Inu became the most traded BNB Chain memecoin on April 14, according to BSCDaily data, which the meme project shared on Twitter. 

“$FLOKI has made it to the top of the list again, as the most traded #memecoin on the #BNBChain in the last 24 hours according to @bsc_daily! The #BSC ecosystem has contributed immensely to #Floki’s growth. We will continue to #BUIDL and support the ecosystem!” Floki Inu wrote. 
Source

Another cryptocurrency analytics platform, Crypto Data on Twitter, dropped its report about Floki Inu. This time, the utility token was recorded as the most traded memecoin over 24 hours on BNB Chain and across all chains. Crypto Data curated the data on April 15, as $FLOKI hit a 24-hour trading volume of $11Million. 

Floki Inu has justified its recent recognition from Binance. The protocol has made significant progress since its inception in June 2021, with over 400,000 holders across BNB Chain and Ethereum, plus comprehensive social media coverage. While Binance’s publication has increased its token’s adoption, Floki Inu has proven to be one of the outstanding meme projects in the DeFi space. 

Are you interested in buying $FLOKI? Read Binance’s guide HERE. 

What is Floki Inu? 

Floki Inu began with a tweet from Elon Musk. When the billionaire announced he would name his Shiba Inu puppy Floki, it created a deluge of ‘Floki’ dogcoins. The most successful of these is Floki Inu. Floki Inu is currently the third most popular meme token on the market behind Dogecoin and Shiba Inu. It is backed by a community of committed enthusiasts and a strong marketing campaign.

Where else to find out about Floki Inu:

Website | Twitter | Telegram | Discord

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