Floki Surges 335%, Joins Shiba Inu as Top Traded Crypto
• FLOKI (FLOKI) surged 335% in the past month to enter the TOP 100 cryptocurrencies by market cap.
• Whales on Binance Smart Chain (BSC) are ardently accumulating FLOKI.
• Ethereum whales remain loyal to Shiba Inu (SHIB), which leads among the largest ETH whales.
Floki Surges 335% For Top Spot
The emerging memecoin Floki has surged 335% in a month, entering the TOP 100 by global market cap and surpassing Polygon (MATIC), Filecoin (FIL), Dogecoin (DOGE) and fellow canine coin Shiba Inu (SHIB). Floki is currently priced at $0.00004978, according to CoinGecko.
Whales Double Down On BSC
Whales on Binance Smart Chain (BSC) are actively accumulating FLOKI, with KuCoin now trading FLOKI against USDT (Tether) and USDC (USD Coin). OKX also offers a range of Floki trading options, including savings, perpetual, and futures. Despite a 10% correction after KuCoin’s listing, FLOKI is back in winning form with 8.1% gains for the last 24 hours. Moreover, over 44,000 holders have joined across both BSC & Ethereum networks combined.
Elon Musk’s Viral Tweet Benefits All Dog-themed Tokens
The Viking dog-themed crypto got an extra boost when Elon Musk posted his viral tweet announcing that the Shiba Inu mascot is now CEO of Twitter – this was beneficial for all three dog-themed tokens; however Floki received the most attention due to its name being visible in the contract.
Shiba Inu Still Leads Among ETH Whales
In contrast to the largest whales on BNB Chain, Shiba Inu still leads among the top 2000 Ethereum whales despite its rival newcomer Floki entering into competition with it. SHIB remains as one of the most traded cryptos across both blockchains.
Conclusion
Floki’s entrance into TOP 100 has been remarkable due to its massive growth within such a short period of time; however it remains yet to be seen if it will continue to outpace SHIB or remain behind it among Ethereum whales as well as other cryptos in global market share ranking.