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Floki Integrates Into DWF Labs Liquid Markets Amid Stark FLOKI Resurgence

source-logo  cryptonewsland.com  + 1 more 12 March 2024 09:41, UTC
  • FLOKI joins DWF Labs Liquid Markets, enabling institutional OTC trading.
  • FlokiFi Locker achieves a TVL ATH of $148.8M, surpassing top memecoins.
  • FLOKI retains position as the 11th most traded cryptocurrency globally.

In a significant development, FLOKI has now been integrated into DWF Labs Liquid Markets, opening doors for institutional players to engage in large-scale over-the-counter (OTC) trading of FLOKI.

#FLOKI is now live on DWF Labs Liquid Markets!

This allows institutional players to trade $FLOKI with size via OTC and strategically positions FLOKI to capitalize on the strong institutional interest it has been experiencing lately.

One step at a time, Floki draws closer to its… https://t.co/VU9kDzW3qg pic.twitter.com/NjTiBG4I6i

— FLOKI (@RealFlokiInu) March 12, 2024

This move strategically aligns FLOKI to leverage the escalating interest from institutional investors. This latest inclusion in DWF Labs Liquid Markets is a crucial step for FLOKI as it endeavors to establish itself as the preeminent cryptocurrency globally.

Meanwhile, another major achievement for FLOKI is the outstanding performance of its crypto locker protocol, FlokiFi Locker. The Total Value Locked (TVL) in FlokiFi Locker has surged to an all-time high of $148.8 million, marking a significant milestone in the adoption of one of #Floki’s essential ecosystem products.

This TVL milestone not only demonstrates the growing confidence in the FLOKI ecosystem but also surpasses the combined TVL of other leading memecoins like DOGE, SHIB, PEPE, BONK, and WIF.

FlokiFi Locker operates as a crypto locker protocol utilizing FLOKI as its primary utility token. It facilitates users in locking LP tokens, fungible tokens, and NFTs, with each successful lock transaction on the ETH and BSC chains resulting in the purchase and burning of $FLOKI. This mechanism enhances the token’s utility and establishes it as a deflationary asset.

FLOKI IS NOW THE MOST TRADED MEMECOIN AFTER DOGE

Strong momentum continues for $FLOKI as it retains its spot as the 11th most traded cryptocurrency in the world, with more trading volume than $SHIB and more trading volume than $PEPE, $BONK, and $WIF COMBINED.

24 hour trading… pic.twitter.com/WhDfiSNlKT

— FLOKI (@RealFlokiInu) March 11, 2024

Amidst these achievements, FLOKI continues to make waves as the most traded memecoin after DOGE. With substantial momentum, FLOKI maintains its position as the 11th most traded cryptocurrency globally.

Impressively, its 24-hour trading volume stands at $2.359 billion, surpassing the combined trading volume of PEPE, BONK, and WIF, reinforcing Floki’s robust industry positioning and advancing its goal of becoming the world’s most recognized and utilized cryptocurrency.

cryptonewsland.com

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