🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Floki Rockets 74% But Omits Elon Musk From List Of Factors Behind Rally

Published 16/02/2023, 05:28
© Reuters.  Floki Rockets 74% But Omits Elon Musk From List Of Factors Behind Rally
BNBR3
-

Benzinga - Floki (CRYPTO: FLOKI) has rallied over 74% in the last 24 hours, after Twitter CEO Elon Musk sent the meme coin into a tizzy late on Tuesday after posting a photo of a dog, assuming the role of "new CEO" of the microblogging site.

What Happened: Floki on Wednesday listed reasons for the spike in price but did not mention Musk’s role.

“There is a lot of interest in Floki today: volume is currently at $153 million+ and a good portion of that is on DEXs. For perspective, FLOKI hasn't had this much volume in over a year now. This shows a renewed interest in our ecosystem and we'd like to share some facts,” Floki said in a tweet.

See More: Top Indian Apps That Give Bitcoin, NFT Rewards

Floki tweeted they see a lot of volume and interest in the BNB chain. “Floki currently has 365,000+ holders on the BNB chain vs 66,900+ on Ethereum (CRYPTO: ETH). That's 5.5 times more holders on BSC due to its low gas fees and scalability. We have a major BNB chain integration coming soon.”

Price Action: At the time of writing, FLOKI was trading at $0.000046 up 74.60% in the last 24 hours, according to Benzinga Pro.

Read Next: Bitcoin Crosses $24K, Ethereum, Dogecoin Soar: Analyst Says Apex Crypto Resilience Impressive Amid Volatility, Regulatory Fears

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.