Floki Inu soars 95% following renewing interest in its ecosystem

Floki Inu (FLOKI) soared by around 95% in the last 24 hours to $0.0000489551  at the time of writing, according to CryptoSlate’s data.

The meme token rallied by over 40% on Feb. 15 when Elon Musk posted a meme tweet declaring his Floki dog as Twitter’s CEO.

Floki’s trading volume surge

The Floki team noted that the asset’s trading volume in the last 24 hours was over $150 million, with “a good portion” on decentralized exchanges — its highest trading volume in the past year.

The meme coin dominated trades on the Dutch exchange Litebit, accounting for 47% of the platform’s total trading volume.

Meanwhile, crypto exchange KuCoin announced Floki’s listing on Feb. 15. KuCoin said the meme coin would be available for trading by Feb. 17. The project developers added that the listing would introduce the asset and its utility to KuCoin’s 27 million users in 207 countries.

Besides that, a decentralized finance product under the Floki ecosystem FlokiFi said the total value of assets locked on its protocol crossed $17 million. FlokiFi is an Ethereum Virtual Machine (EVM) — compatible with 12 blockchains — that allows users to lock their digital assets.

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