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- Singapore’s biggest crypto exchange, Coinhako, has listed the FLOKI token.
- Singaporean investors can buy FLOKI using the local currency and USD.
- FLOKI has soared by over 45% to $0.0001939 amid this listing announcement.
Meme-inspired crypto project Floki (FLOKI) has secured a landmark endorsement from Coinhako, the biggest crypto exchange in Singapore regulated by the Monetary Authority of Singapore.
In particular, Coinhako has listed the FLOKI token among tradable cryptocurrencies on its platform, promoting the meme coin to a larger pool of Singaporean investors. “The people’s cryptocurrency has reached Coinhako’s shores and is available to trade, ” Coinhako stated in the official announcement.
The Floki team took to X to remark on the development, emphasizing the position of Coinhako in the crypto trading sphere and its implications for the FLOKI token. “This listing is a big deal and will accelerate Floki’s vision of becoming the world’s most-known and most-used cryptocurrency,” the Floki team remarked.
You can now trade $FLOKI on Coinhako!@Coinhako is the biggest exchange in Singapore. It is also regulated by the Monetary Authority of Singapore.This listing allows Singaporean crypto users to buy #FLOKI with SGD and USD on a regulated exchange.This listing is a big deal… https://t.co/Q6GEKPKS7o— FLOKI (@RealFlokiInu) March 8, 2024
With Coinhako’s listing, Singaporean crypto investors can buy and trade FLOKI using the local currency, SGD, or U.S. dollars. Reacting to the update, FLOKI enthusiasts expressed excitement, seeing that the move widens the investor pool of FLOKi, potentially impacting its price.
Data from market tracking resources have shown that FLOKI has soared by over 45% following this listing announcement. Notably, the token traded low at around $0.0001298 as of yesterday. However, FLOKI has now experienced a significant turnaround, reaching a high of $0.0001939 at press time.
FLOKI 24-hour chart | CoinMarketCap
Moreover, CoinMarketCap data shows that crypto market participants have traded $911,699,805 worth of FLOKI in the last 24 hours. This figure represents an 80.71% increase compared to the figures obtainable in the past day.
At press time, FLOKI ranks among the top 65 most valuable cryptocurrencies, with a valuation exceeding $1.8 billion. Other prominent exchanges that have listed FLOKI include Binance, KuCoin, Gate.io, OKX, and Bybit.
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