Revolut Business, a leading FinTech platform, has added Floki Inu to its list of tradable assets, resulting in an increase in the cryptocurrency’s value.
This new listing makes the FLOKI memecoin more easily accessible to businesses across Europe.
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With a user base exceeding 40 million across more than 150 countries, the listing on Revolut Business is set to accelerate FLOKI’s trajectory towards global recognition and adoption.
Following the debut, FLOKI saw an uptick in its value, increasing by around 13% to trade at $0.0002229 at the time of writing. The trading volume surged by over 69% in the past 24 hours to reach over $964 million. This activity propelled FLOKI to be the 49th largest cryptocurrency and the fifth-largest memecoin by market cap.
The origin of FLOKI traces back to a tweet by Elon Musk, where he announced that his new Shiba Inu puppy would be named Floki. Seizing this moment, the Shiba Inu community created a new memecoin inspired by Musk’s puppy.
As FLOKI continues to expand its presence on reputable trading platforms, it solidifies its status as a key cryptocurrency to watch in the finance arena.
In other news from the memecoin market, PEPE has also recently experienced a significant surge in value, reaching an all-time high on May 14.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
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