Floki Inu (FLOKI) is finally listed on Binance TR, with trading to commence on May 24, 2023, according to the announcement. Binance TR, a subsidiary of Binance, one of the leading cryptocurrency exchanges globally, recently announced the listing, which will allow trading of FLOKI in Turkish Lira (TRY) pairs.
This announcement carries importance, especially in Turkey, where the meme coin has garnered significant attention. The listing on Binance TR is anticipated to improve accessibility for the Turkish crypto community and potentially foster greater adoption of Floki Inu within the country.
Binance TR will list $FLOKI in the TRY trading pair! 🔥
TRY is the national currency of Turkey, a country where #Floki enjoys massive popularity. This pair listing will make #Floki a lot more accessible in Turkey 🇹🇷.
Trading will start by 8am UTC on 2023-05-24! https://t.co/dDnik3xq6C
— FLOKI (@RealFlokiInu) May 23, 2023
Floki Inu trading to begin from May 24
The trading of FLOKI in Turkish Lira (TRY) pairs is set to commence at 8:00 a.m. UTC on May 24, 2023. This announcement coincides with a period of declining price performance for Floki Inu, with a decrease of approximately 9.5% in value over the past two weeks.
The decreased interest in meme coins within the broader cryptocurrency community may be one of the contributing factors behind the limited traction observed for Floki Inu. These types of coins have struggled to sustain the same levels of enthusiasm as the initial novelty surrounding them wanes.
However, the listing on Binance TR could potentially serve as a catalyst for a potential reversal in the price trajectory of FLOKI. By increasing accessibility within a market where it already enjoys a significant following, FLOKI may witness heightened trading volume and possible price appreciation.