![Examining Floki Inu’s [FLOKI] latest listing and price movements amidst memecoin frenzy](https://i.headtopics.com/images/2023/5/6/cryptoamb/examining-floki-inu-s-floki-latest-listing-and-pri-examining-floki-inu-s-floki-latest-listing-and-pri-1654902094631956482.webp)
As per a 5 May tweet, Binance announced the listing of FLOKI in its innovation zone, opening up spot trading of the coin on its platform.
As per a 5 May tweet, Binance announced the listing of the token in its innovation zone, opening up spot trading of the coin on its platform.
Binance mentioned that the coin will be added in the next 48 hours. The crypto exchange added that there would be no listing fees for FLOKI and on the FLOKI/TUSD spot trading pair, no maker fees will be charged to the users. Binance’s Innovation Zone is a dedicated trading zone where users are able to trade new, innovative tokens that are likely to have higher volatility and pose a higher risk than other tokens.on Binance.US, Binance’s sister company which handles U.S. operations.which exploded in valuation over the last week, was listed on the exchange as well.
However, unlike FLOKI, PEPE has no utility and was created by an anonymous team. FLOKI has created various products such as NFT-based games, NFT collections and a crypto debit card.The news of the listing infused a lot of energy into FLOKI’s ecosystem. The daily active addresses and network growth spiked to their 2-month highs on 5 May. This suggested rising demand for the memecoin, as per Santiment.
In addition, the weighted sentiment which was moving in the negative territory made new highs, as investors began to position themselves bullishly.
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