As traders bet too much Floki’s Floki/USD China-centric push for this valhalla metaverse gameThe trading volume of the meme cryptocurrency has reached over $98 million, surpassing Shiba Inu shib/usd in the process.
What happened: At the time of writing this news, the trading volume of SHIB reached $86 million in the last 24 hours.
The recent boom in commercial versions of Floki can be attributed to the prominent exposure of commercials for its Floki games during Chinese sporting events. Some speculators have speculated that the move could potentially attract new traders from China to confirm the coin’s growth.
why it matters: Floki’s developers have seen a sharp increase in the presence of Chinese-based community members on their social media groups after shifting emphasis towards targeting the Chinese gaming market.
Price Action: while writing, Floki was trading at $0.00003323, up 1.53% over the last 24 hours, According to Benzinga Pro.