As Floki Inu’s [FLOKI] popularity continues to soar, the demand for this token has started rising. People from the mainstream crypto community have started taking note of its actions and as a result, prominent exchanges have started listing FLOKI to cater to the buzzing hype.
Of late, prominent global crypto exchange CoinEX listed this token. As per the platform’s official listing announcement tweet, the FLOKI/USDT pair went live for trading on 15 March at 11 AM UTC.
Right before CoinEX’s listing, the token was listed on India’s CoinDCX. And two days prior to that, on 2 March, Huobi listed Floki Inu. In fact, right before and after listings, FLOKI’s price has reacted quite positively.
Is time is time different for Floki Inu though?
Well, not really. The token’s price did flash a green reading at the time of press. Apart from the listing, it can be argued that Bitcoin’s brief spike to $41.7k also contributed to the cause. After noting a 7% incline on the daily window, the token was seen exchanging hands at $0.00002747.
Despite the price pump, Floki Inu continued to consolidate on the macro frame. After remaining encapsulated within a descending channel since mid of November last year, FLOKI stepped out of the setup towards the end of February. Despite doing so, the token’s price actions have lacked vitality.
In fact, FLOKI has remained rangebound between two levels – $0.00004856 and $0.00002501. The current price level is evidently in proximity to the lower range and if FLOKI loses the said support, it might re-embark on a downtrend phase.
On the other hand, if it manages to break above the $0.00004856 ceiling, the doors for its rally would eventually open.
