- 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.
#FLOKI just got listed on Revolut, the biggest neobank and retail trading app in Europe!
— FLOKI (@RealFlokiInu) April 22, 2024
This listing will make $FLOKI accessible to @RevolutApp's 40 million+ users in 150+ countries who will be able to buy FLOKI with 25+ fiat currencies including GBP, EUR, USD and more.
Users… pic.twitter.com/Hy62VJw2w4
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.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks
Crypto traders brace for short-term volatility with $2.4 billion options expiry on Friday
Bitcoin and Ethereum options market looks bullish on Friday, according to data from intelligence tracker Greeks.live. The firm said it has identified two Bitcoin calls that show an underlying bullish sentiment among market participants.
XRP recovers from week-long decline following Ripple’s response to SEC motion
Ripple filed a letter to the court to support its April 22 motion to strike new expert materials. The legal clash concerns whether SEC accountant Andrea Fox's testimony should be treated as a summary or expert witness.
Lido adds 4% gains as protocol rolls out first step towards decentralization
Lido takes the first batch of simple DVT validators to live, a step taken to decentralize the protocol. Lido leveraged technology to expand the protocol to multiple node operators, inviting both solo and community stakers.
Bitcoin Weekly Forecast: Should you buy BTC here? Premium
Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.
Bitcoin: Should you buy BTC here? Premium
Bitcoin (BTC) price shows signs of a potential reversal but lacks confirmation, which has divided the investor community into two – those who are buying the dips and those who are expecting a further correction.