Floki Inu Skyrockets By 425%; Outperforms Shiba Inu, Dogecoin

The global digital asset market registered a broad recovery on Thursday. The biggest cryptos like Bitcoin (BTC) and Ethereum (ETH) price zoomed by 11% and 8% in the last 24 hours, respectively. However, Floki Inu (FLOKI) is leading the meme coins rally outperforming Shiba Inu (SHIB) and Dogecoin (DOGE).

FLOKI Beats Top Meme Coins

As per the data, Floki Inu price has spiked by a whopping 430% over the past 30 days. Recent price surge has made FLOKI one of the most profitable meme token beating Dogecoin and Shiba Inu. As per reports, Floki Inu become the most traded asset on the top Dutch exchange Litebit with 46.9% of all the volume.

However, Baby Doge Coin prices have spiked by 272% over the past 30 days. This has helped the token to land on the list of most profitable meme coin.

FLOKI price is up by another 95% in the last 24 hours. It is trading at an average price of $0.0000054, at the press time. However, its 24 hour trading volume saw a surge of more than 200% to stand at $206 million. Its market cap now stands at around $479 million. Read More Meme Coin News Here…

Can It sustain The Surge?

Meanwhile, top meme coins like SHIB and DOGE have managed to jump by 6% and 3% over the past 24 hours, respectively. The cumulative meme coin cap is up by 5.25% to stand at $21.2 billion.

Data depicts that interest in FLOKI is on a surge as its trading volume is up by $200 million. While a good portion of that is coming from DEXs. However, traders’ interest in the doge themed meme coin has surged on the BNB chain.

Floki Inu has over 365K holders on the BNB chain, while there are around 66.9K on the Ethereum network. This is just due to low gas fees and scalability.

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Ashish Kumar

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

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