This move has generated a lot of speculation in the crypto community about a potential meme coin rally, with many investors expecting more retail participation as exchanges continue to support these altcoins. The Shiba Inu coin, launched less than a year ago and named after another dog breed, is a ERC-20 only token that. The Shiba Inu coin, launched less than a year ago and named after the dog breed, is a cryptocurrency that trades as SHIB and champions itself as the Dogecoin killer.
Binance Responds To Demand For Meme Coins With New Liquidity Poolsīinance has earlier announced the creation of seven new liquidity pools to cater to the growing demand for meme coins like, Shiba Inu, and Dogecoin. which are fashioned after the Shiba Inu dog breed, jumped to over 60 million, up from last week’s 25 million average. Few meme coins can match SHIB’s growth over the past year, but many are wondering whether the meme coin will continue its performance. However, Floki Inu has continued to gain traction and was recently listed on two prominent exchanges, BigONE and BitForex, in addition to Binance.US. Originally conceived as a Dogecoin killer, Shiba Inu coin (SHIB) is now one of the largest cryptocurrencies by market cap. We just dropped a new video on our YouTube channel sharing the exciting news that $FLOKI is now available on #BinanceUS!ĭon’t forget to hit that like 👍, drop a comment 💬, and subscribe 📺 to our YouTube channel👇👇 /GgX1g1BJseĭespite these gains, FLOKI’s current value is still well below its all-time high, which occurred in November 2021 when Musk named his dog after the cryptocurrency. Starting off a meme coin project, it has since vastly expanded its plans and is attempting to offer more utility to its community and the market. With the Shiba increasing by 50,000,000, it was inevitable for any crypto exchange to list even though it had no utility at the time. The coin was doing well at the time of listing and was the fastest-growing cryptocurrency of 2021. The layer 2 solution is a sign of Shiba Inu’s growing ambitions in the market. The Shiba Inu is one of the meme coins that got listed on Binance and many other crypto exchanges. Inversely, 1.00 USD would allow you to trade for 117,855.04 SHIB while 50.00 USD would convert to 5,892,751.92 SHIB, not including platform or gas fees. In other words, to buy 5 SHIBA INU, it would cost you 0.00 USD. In February 2023, FLOKI saw a surge of more than 40%, thanks in part to the continued support and interest from Tesla and Twitter CEO and meme coin enthusiast, Elon Musk. Finally, it’ll help us find the right validators. The exchange rate of SHIBA INU is increasing. While Floki Inu is just one of many similar meme coins, its recent price gains and increased attention have set it apart from the pack. Related Reading: Shiba Inu Gets Stuck In Price Range – Will SHIB Break Free? Floki Inu: Recent Price Gains and Increased Attention
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