FLOKI Meme Coin’s Price Surge Following Listing on DWF Labs

DWF Labs, the global digital asset market maker, and multi-stage Web3 investment firm, has listed FLOKI meme coin on its platform. In a recent post on X, the market maker highlighted it listed FLOKI along with other crypto projects, including Joe (Joe), Milady Meme Coin (LADYS), and IoTeX (IOTX).

According to the announcement, the listed cryptos will be available for trading, each paid against Tether (USDT) stablecoin. Consequently, each listed token becomes available and officially listed on Liquid Markets.

The FLOKI team followed up with the listing announcement by DWF Labs, noting the listing will allow institutional players to trade FLOKI with size via OTC. The team emphasized that the listing strategically positions FLOKI to capitalize on the significant institutional interest it has been experiencing lately.

Furthermore, the FLOKI team believes the latest development brings the project closer to its goal of becoming the world’s most known and most used cryptocurrency. The team posted:

One step at a time, Floki draws closer to its goal of becoming the world’s most known and most used cryptocurrency.

FLOKI reacted positively following the announcement. The price reversed immediately from a week-long downtrend, bouncing off a local low of $0.0002582. The meme coin gained 7% within two hours after the announcement and traded for $0.0002749 at the time of writing, according to data from TradingView.

FLOKI is the utility token of the Floki ecosystem. It is a cryptocurrency birthed by Shiba Inu’s community members and inspired by Elon Musk’s pet dog, Floki, which he claimed to get in 2021.