u.today
Dog-themed crypto asset $FLOKI suddenly gained nearly 12% after Bitfinex, one of the oldest cryptocurrency exchanges dating back to 2012, announced it would be listing the Floki trading pair.
At the time of writing, Floki was trading at $0.00003382 after setting intraday highs of $0.0000363. The token is up 6.91% in the last 24 hours as some of its intraday gains eased.
Bitfinex will be listing the $FLOKI token! 🔥️#Bitfinex is an institutional powerhouse and one of the oldest and most respected #crypto exchanges.
— $FLOKI (@RealFlokiInu) May 3, 2023
This listing further legitimizes $FLOKI while making it easily accessible to industry movers and shakers. https://t.co/s6L2m8QWyS
Bitfinex, which ranks as the eighth largest crypto exchange by CoinMarketCap rating, has announced today that it will be listing $FLOKI, the native utility token of the Floki Inu ecosystem.
Bitfinex will open deposits for $FLOKI on May 4, 2023, at approximately 10:00 a.m. UTC. Meanwhile, trading of $FLOKI will commence on May 5, 2023, at about 10:00 a.m. UTC in trading pairs against the U.S. dollar (USD) and Tether ($USDT).
Floki's official Twitter account expressed its excitement at the listing news, stating that the listing further legitimizes $FLOKI, while making it easily accessible to industry movers and shakers.
On April 24, Floki was listed on Binance's U.S. subsidiary, Binance US. $FLOKI's price jumped nearly 40% in reaction to the listing news. The listing allows users to buy $FLOKI ($FLOKI) on the platform with a bank transfer (ACH), debit card or wire transfer.
They can also trade the crypto asset via $FLOKI/USD and $FLOKI/$USDT pairs. Floki's price immediately fell afterward as traders took profits.
However, a recovery began from a low of $0.00003382 on May 2 and accelerated on May 3 following the listing news.
On the upside, $0.0000356 remains a short-term barrier for bulls to squash for $FLOKI to trend higher.