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- FLOKI gains Binance Thailand listing creating bullish sentiment for Floki Army.
- The asset already enjoys high popularity in Thailand and expects a massive surge in trading.
- This along with a possible 15 billion FLOKI token burn could lead to new price highs.
Floki Inu (FLOKI) has been a steadily bullish project over the last year. Recently, the project has made several bullish announcements and experienced over 400% in the last year. The asset is now up by 14% over the last week according to CoinMarketCap.
The memecoin project has now revealed another bullish announcement. To highlight, FLOKI has been listed on Binance Thailand. This is exciting news for FLOKI already enjoys immense popularity in Thailand and will likely experience a significant adoption rate soon.
Binance Thailand has just listed $FLOKI! 🔥
— FLOKI (@RealFlokiInu) May 14, 2024
Thailand, where #Floki enjoys immense popularity, boasts a significant crypto adoption rate. Approximately 12% of the population, or nearly 10 million people, own crypto in Thailand. This places Thailand 10th in Chainanalysis' '2023… pic.twitter.com/rsEnxHcgW8
Thailand has a big population and according to the post 12% own crypto meaning nearly 10 million of their people are holding and using crypto. Furthermore, Thailand was placed 10th in the 2023 Global Cryptocurrency Adoption Index by Chainanalysis.
With substantial civilian adoption of crypto in Thailand, the FLOKI listing on Binance Thailand is indeed a call for celebration for the Floki Army. In addition, Thailand holds the title of having one of the highest proportions of crypto ownership among internet users worldwide according to the Global 2022 Digital Overview Report.
Binance Thailand is fairly regulated and operates under the licensing of the Ministry of Finance of Thailand. It is then supervised by the Office of Securities and Exchange Commission. Thus, FLOKI is protected and users can trade FLOKI freely in Thailand via Binance Thailand.
All in all, this bullish listing will enhance accessibility to FLOKI in Thailand and facilitate an accelerated vision of FLOKI becoming the world’s most known and most used cryptocurrency.
As the FLOKI name continues to flourish in Thailand. The Floki DAO has some important decisions to make. Recently, the entity proposed another massive burn of over 15 billion FLOKI tokens. Should this burn go through, the community will be eagerly awaiting another possible bull run for FLOKI price.