FLOKI

Today’s <a href="https://blockchainreporter.net/market/" rel="noopener noreferrer nofollow">market</a> session seems rather bearish with the global market cap reducing by 1.2%, taking the cap back to $1.15T within the last 24 hours. <a href="https://blockchainreporter.net/bitcoin-price/" rel="noopener noreferrer nofollow">BTC</a> again has started the day on a rather bearish note, trading at $27.4K as of press time, representing a decrease of close to 1%.The crypto king’s <a href="https://blockchainreporter.net/glossary/trading/" rel="noopener noreferrer nofollow">trading</a> volume also surged by 21% as the amount of whale activity increased ahead of the commemoration of Satoshi’s disappearance. The amount of volatility on the asset’s network seems rather stable with the Bollinger bands recording a close distance as the MACD indicator shows the bearish trend gripped by bears.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/913f1fbd60c54b6682f5b1338bc68612.png" />BTC 1-day chart | Source: <a href="https://www.tradingview.com/chart/zhJr3zVm/?symbol&#61;BITSTAMP%3ABTCUSD" rel="noopener noreferrer nofollow">TreadingView</a><a href="https://blockchainreporter.net/ethereum-price/" rel="noopener noreferrer nofollow">Ethereum</a> bears as well seem to be the most active of the asset’s whales, recording a 1.5% decrease within the same period as the asset traded at the $1.8K level as of press time. ETH’s weekly drop stood at 12% as of writing with the trading volume recording a 20% increase within the same period.<h2 id="header-0">How are altcoins doing today?</h2><a href="https://blockchainreporter.net/altcoins/" rel="noopener noreferrer nofollow">Altcoins</a> are also on for a bad market day with most of the renowned pines recording declines within the same period with Avalanche standing out with an increase of close to 1% in what seems a <a href="https://blockchainreporter.net/glossary/bear-market/" rel="noopener noreferrer nofollow">bear market</a> day. Avalanche, who has lost 19% in valuation within the whole week, had seen a 7% increase in valuation within 24 hours as wale activity on the network rises steadily.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/b4fb0ce244974236b52a9966687af436.png" />AVAX 1-day chart | Source: <a href="https://coinmarketcap.com/currencies/avalanche/" rel="noopener noreferrer nofollow">CoinMarketCap</a><a href="https://floki.com/" rel="noopener noreferrer nofollow">Floki</a> stood as today’s top 100 gainers recording a 33% increase within 24 hours. The asset’s trading volume has recorded an astonishing over 1800% increase within the same period as the trading volume also went up by 33%.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/41ec816b7f9b453380e7c2d54dd0a661.png" />Floki 1-day chart | Source: <a href="https://coinmarketcap.com/currencies/floki-inu/" rel="noopener noreferrer nofollow">CoinMarketCap</a>This recent surge can be attributed to a recent listing on a new exchange. Binance US has opened its doors to $FLOKI deposits. The <a href="https://blockchainreporter.net/glossary/digital-asset-ecosystem/" rel="noopener noreferrer nofollow">ecosystem</a> built around the <a href="https://blockchainreporter.net/glossary/memecoin/" rel="noopener noreferrer nofollow">meme-inspired token</a>, &#64;RealFlokiInu, includes a Play-to-Earn game, <a href="https://blockchainreporter.net/defi/" rel="noopener noreferrer nofollow">DeFi</a> platform FlokiFi, prepaid cards, and <a href="https://blockchainreporter.net/nft/" rel="noopener noreferrer nofollow">NFT</a> collections. This development allows for wider <a href="https://blockchainreporter.net/adoption/" rel="noopener noreferrer nofollow">adoption</a> of the token, enabling investors to diversify their portfolios with the expanding Floki ecosystem.The team behind the project is actively developing new features and products to enhance the Floki experience. With the popularity of meme coins skyrocketing, Floki has been making waves in the crypto world with its unique approach to blockchain gaming and DeFi. The token has seen significant gains since its launch and has attracted a large following, with the community eagerly awaiting further developments.As the Floki ecosystem continues to grow, it will be interesting to see how it stacks up against other established <a href="https://blockchainreporter.net/how-can-features-of-blockchain-support-sustainability-efforts/" rel="noopener noreferrer nofollow">blockchain</a> projects in the long run as it now looks to dominate the meme coins sector.Today’s top gainer was the Vince Chain which recorded an increase of over 1600% within 24 hours as well as a weekly gain of over 1000% as the asset ranked 13th on CoinMarketCap’s trending list.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/d5cfbaa529dd4f2291c5b8c51e097505.png" />Vince chain gains snapshot | Source: <a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow">CoinMarktCap</a>

Floki Rallies Ahead of Binance.US Listing as Markets Dip

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