Floki poised for growth after listing on Revolut

Source Fxstreet
  • Floki's team announced on X that Revolut's over 40 million users can now easily access the meme coin.
  • Floki made several strategic partnerships earlier, including integrating with Binance Pay.
  • Floki, alongside other meme coins, has rallied since Doge Day.

Floki's (FLOKI) team announced in an X post on Monday that the meme coin would be listed on the popular neobank and Fintech platform Revolut. Floki could rise further following key partnerships to boost retail usage.

Bitcoin halving and Doge Day propelled meme tokens to record gains

Floki joined several other meme coins in an impressive weekend, recording more than a 25% gain. This follows a successful fourth Bitcoin halving event and the celebration of Doge Day on Saturday. The Bitcoin halving combined with Doge Day—an event chosen by the Doge community to celebrate Dogecoin—contributed to a general upsurge in meme tokens.

While the effect wasn't that telling on Dogecoin, Floki and several other meme coins, including Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK), and Book of Meme (BOME), recorded impressive gains.

Revolut lists Floki on its platform

Despite the recent rise, Floki could see more growth in the coming days after its listing on the popular neobank platform Revolut. Floki became available to more than 40 million customers across 150 countries with the move. This expansion would see regular retail investors purchasing Floki using fiat currencies, including GBP, USD, and EUR.

Crypto enthusiast Byzantine General commented on the move via his X account: "Revolut is a pretty big deal in Europe. This is gonna give a lot more retail easy access to ape into FLOKI." Another X user said this could be a potential hint for Floki's listing in US exchanges.

This marks continuity in Floki's expansion move after it became the official cryptocurrency partner for the World Table Tennis Champions in South Korea in March. Floki was also made available as a payment option for merchants that use Binance Pay.

The recent rise in Floki and other meme tokens hints at a potential resumption of the meme coin frenzy. Floki is trading around $0.00001758, up 2.4% as of this writing.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ethereum (ETH) Price Closes Above $3,900 — Is a New All-Time High Possible Before 2024 Ends?Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
Author  Beincrypto
Dec 17, 2024
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
placeholder
Silver Price Forecast: XAG/USD rises to near $78.00 on safe-haven demandSilver price (XAG/USD) extends its gains for the second successive session, trading around $78.00 per troy ounce during the Asian hours on Thursday. The precious metal Silver receives support from rising safe-haven demand amid persistent tensions between the United States (US) and Iran.
Author  FXStreet
Feb 19, Thu
Silver price (XAG/USD) extends its gains for the second successive session, trading around $78.00 per troy ounce during the Asian hours on Thursday. The precious metal Silver receives support from rising safe-haven demand amid persistent tensions between the United States (US) and Iran.
placeholder
Gold drifts higher to $5,000 on heightened US-Iran tensions Gold price (XAU/USD) holds positive ground near $5,000 during the early Asian session on Friday. The precious metal edges higher as escalating tensions between the United States (US) and Iran boost safe-haven demand.
Author  FXStreet
Feb 20, Fri
Gold price (XAU/USD) holds positive ground near $5,000 during the early Asian session on Friday. The precious metal edges higher as escalating tensions between the United States (US) and Iran boost safe-haven demand.
placeholder
WTI Price Forecast: Sits above mid-$66.00, over six-month top amid rising US-Iran tensionsWest Texas Intermediate (WTI) US Crude Oil prices reverse a modest Asian session dip to sub-$66.00 levels and climb back closer to the highest level since August 4, touched earlier this Friday.
Author  FXStreet
Feb 20, Fri
West Texas Intermediate (WTI) US Crude Oil prices reverse a modest Asian session dip to sub-$66.00 levels and climb back closer to the highest level since August 4, touched earlier this Friday.
placeholder
Top 3 Price Prediction: BTC, ETH and XRP remain range-bound as breakdown risks riseBitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading sideways within consolidation ranges on Friday, signaling a lack of directional bias in the broader crypto market.
Author  FXStreet
Feb 20, Fri
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading sideways within consolidation ranges on Friday, signaling a lack of directional bias in the broader crypto market.
goTop
quote