Rally

Burn

FLOKI

Million

GameStop

FLOKI, the meme coin sensation, has surged by nearly 14% today, signaling a renewed frenzy among investors. This surge comes&nbsp;on the heels of&nbsp;a&nbsp;major&nbsp;listing announcement on <a href="https://coingape.com/revolut-unveils-uk-crypto-exchange-amid-digital-asset-surge/" target="_blank" rel="noopener">Revolut</a> Business, Europe’s largest neobank and retail trading app, stirring up anticipation for further price appreciation. 
However, it’s worth noting that the meme coin has noted significant traction&nbsp;lately,&nbsp;amid a flurry of listing and other related developments. 
<h2 id="span-data-preserver-spaces-true-floki-soars-amid-revolut-listing-span">FLOKI Soars Amid Revolut Listing</h2> 
The FLOKI price has noted a surge of almost 14%, indicating a resurgence of interest among market participants. Notably, the primary catalyst behind this surge is the recent revelation that FLOKI is now live on Revolut Business.&nbsp;This&nbsp;marks a significant milestone&nbsp;that facilitates&nbsp;easy access for businesses across Europe to purchase FLOKI, thus propelling its visibility and adoption. 
Meanwhile,&nbsp;the announcement of&nbsp;FLOKI’s listing on Revolut Business comes amid a flurry of listing announcements, underlining the meme coin’s escalating popularity and global reach. Notably, FLOKI recently secured listings on the Thailand arm of <a href="https://coingape.com/blog/binance-exchange-review/" target="_blank" rel="noopener">Binance</a>, the leading crypto exchange, accentuating its traction in diverse geographic regions, including the <a href="https://coingape.com/floki-retains-8-surge-as-binance-thailand-unveils-listing/" target="_blank" rel="noopener">Asian markets</a>. 
On the other hand, the FLOKI crypto has also gained traction by joining <a href="https://coingape.com/floki-price-surges-8-following-bitpanda-index-listing/" target="_blank" rel="noopener">Bitpanda’s Meme Coin Leaders Index</a>, contributing to the burgeoning optimism within the market. Bitpanda, a prominent multi-asset exchange based in Europe, confirmed the inclusion of Floki Inu into its renowned index. 
Notably, the Bitpanda index&nbsp;is designed&nbsp;to showcase a diversified portfolio of the leading meme coins based on <a href="https://coingape.com/glossary/market-capitalization/" target="_blank" rel="noopener">market capitalization</a>.&nbsp;This listing on the index signifies a significant milestone for FLOKI, as it&nbsp;not only enhances its visibility but also&nbsp;underscores its growing prominence within the <a href="https://coingape.com/meme-coin/" target="_blank" rel="noopener">meme coin</a> ecosystem. 
Also Read:&nbsp;<a href="https://coingape.com/robinhood-launches-solana-sol-staking-services-eu/" target="_blank" rel="noopener">Robinhood Launches Solana (SOL) Staking Services In EU</a> 
<h2 id="span-data-preserver-spaces-true-price-performance-amid-token-burn-proposal-span">Price &amp; Performance Amid Token Burn Proposal</h2> 
Amid these listing triumphs, the <a rel="nofollow" href="https://snapshot.org/#/floki-inu.eth/proposal/0xeb0cad899fbf88b71e20171c771c1b71b8b90dcb3ce2da80a5b12dc38107506b" target="_blank">Floki DAO</a>, the decentralized autonomous organization steering Floki Inu’s development, has put forth a token burn proposal.&nbsp;This proposal aims to eliminate over 15 billion tokens from circulation&nbsp;permanently, a move designed to bolster bullish sentiments and drive the meme coin’s price trajectory upwards. 
Meanwhile, as of writing, the voting for the <a href="https://coingape.com/floki-price-soars-10-token-burn-proposal-gains-majority-support/" target="_blank" rel="noopener">token burn</a> proposal commenced on May 14 and will extend until May 16, with an overwhelming 99.8% of votes currently in favor of the burning initiative. Notably, the token burns serve as a mechanism to reduce the overall supply of a cryptocurrency, often leading to increased scarcity and heightened demand, thus potentially fueling further price appreciation for FLOKI in the days ahead. 
<figure id="attachment_197038" aria-describedby="caption-attachment-197038" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class=" wp-image-197038" src="https://coingape.com/wp-content/uploads/2024/05/FLOKI-Price-Chart-15-05-24.png" alt="FLOKI Price" width="751" height="534" srcset="https://coingape.com/wp-content/uploads/2024/05/FLOKI-Price-Chart-15-05-24.png 981w, https://coingape.com/wp-content/uploads/2024/05/FLOKI-Price-Chart-15-05-24-300x213.png 300w, https://coingape.com/wp-content/uploads/2024/05/FLOKI-Price-Chart-15-05-24-768x546.png 768w, https://coingape.com/wp-content/uploads/2024/05/FLOKI-Price-Chart-15-05-24-150x107.png 150w" sizes="(max-width: 751px) 100vw, 751px">
 <figcaption id="caption-attachment-197038" class="wp-caption-text">
 FLOKI Price
 </figcaption>
</figure> 
During writing, the <a href="https://coingape.com/price/floki-inu/" target="_blank" rel="noopener">FLOKI price</a> soared 14.52% to $0.0002192,&nbsp;after touching a 24-hour high of $0.0002229. Its trading volume also surged more than 75% to $886.48 million&nbsp;at the same time. Notably, the leading meme coin has added over 31% in the last seven&nbsp;days,&nbsp;while witnessing a monthly growth of over 40%. 
Also Read: <a href="https://coingape.com/former-sec-chair-irked-by-gamestop-gme-price-rally-smart-trader-mints-0-5-million/" target="_blank" rel="noopener">Former SEC Chair Irked By GameStop (GME) Price Rally, Smart Trader Mints 0.5 Million</a> 
The post <a href="https://coingape.com/floki-price-soars-14-amid-revolut-listing-rally-continue/">FLOKI Price Soars 14% Amid Revolut Listing, Rally To Continue?</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

FLOKI Price Soars 14% Amid Revolut Listing, Rally To Continue?

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