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[gammarays]

Popular memecoin Floki Inu has jumped in price as Binance US announced it's listing. The token rallied over 30% in price in 24 hours following the announcement. It also became the highest traded token in volume in several CEX platforms such as Huobi, Okx, Kucoin etc.
Floki has been on the spotlight as it strives to be popular like established meme tokens Doge and Shiba Inu. It's currently among the top 4 memecoins.

Do you have Floki Inu?
Culled from https://cryptotom.xyz/floki-inu-surges-past-30-with-binance-us-listing/

 

[Yohanna]

I'm not surprised because floki inu is launched on binance which is the best cryptocurrency exchange in the world . Ultimately Binance has gained a lot of traction and listing a coin on it will boost the recognition of that coin.

 

[Riberet19]

I have heard countless times about this token, but I really don't have much idea about it, maybe I should explore it and it may be a good option to dedicate some money for the next bullrun, although from what I see on its chart it is too volatile, going up too much and going down capitalization quickly, I hope it's not another PUMP and DUMP project.

 

[gammarays]

I have heard countless times about this token, but I really don't have much idea about it, maybe I should explore it and it may be a good option to dedicate some money for the next bullrun, although from what I see on its chart it is too volatile, going up too much and going down capitalization quickly, I hope it's not another PUMP and DUMP project.

Going up and down is the nature of crypto. Memecoins are more volatile that's why you see Doge, Floki go up and down at will. Floki has so many good utilities and the community is very active. It's not a pump and dump project.

 

[Riberet19]

Going up and down is the nature of crypto. Memecoins are more volatile that's why you see Doge, Floki go up and down at will. Floki has so many good utilities and the community is very active. It's not a pump and dump project.

Yes, of course I know, but I'm not really a fan of memecoins regardless of what it is, it is true that you can make a lot of money with them if you get it right, but within the risk I am more conservative and I like currencies with strong fundamentals, although I respect those who invest in Floki inu, Saitama, Shiba, Doge or any of these since they are an attraction of the crypto world to tell the truth, on the other hand as you say Floki is not a PUMP and DUMP but you know that there have been many like that, but as I mentioned before there are many legal projects of memecoins.

 

[Gamer01]

Yes memecoins can never be considered an investment option they go up and down pretty fast and that is not what you can make of an invedtment the chances of profits and losses aremore and most of the times it will be a loss indeed .