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Should you buy Floki Inu (FLOKI) after listing on the OKX exchange?

By: Invezz
Floki Inu (FLOKI) coin

Floki Inu (FLOKI/USD) saw a high level of network activity after it got listed on the OKX cryptocurrency exchange.

Floki Inu is a meme-cryptocurrency and the primary utility token used across the broader Floki Ecosystem, inspired by Elon Musk’s Shiba Inu dog.

OKX listing of Floki Inu (FLOKI) as a catalyst for growth

On December 15, 2022, the OKX cryptocurrency exchange listed Floki Inu (FLOKI).

What this meant was that deposits for the FLOKI cryptocurrency became open.

Additionally, the exchange teased that two spot trading variations of the token would be available beginning December 16, including FLOKI/USDT and FLOKI/USDC.

OKX is one of the largest exchanges with over 20 million users and is available in over 100 countries. This listing will, as a result, put FLOKI in front of millions, leading to increased adoption as well as value.

The main question in the mind of every investor right now is if FLOKI is worth investing in, even after this listing.

Should you buy Floki Inu (FLOKI)?

On December 16, 2022, Floki Inu (FLOKI) had a value of $0.0000098265.

FLOKI/USDT Chart by Tradingview

The all-time high of Floki Inu (FLOKI) was on November 4, 2021, at a value of $0.00033651. Here we can see that at its ATH, FLOKI was $0.0003266835 higher in value.

When we go over the 7-day performance of the cryptocurrency, Floki Inu (FLOKI) saw its low point at $0.00000909, while its high point was at $0.00001089. This marked a price difference of $0.0000018 or 20%.

However, looking at the 24-hour performance, Floki Inu (FLOKI) saw its low point at a value of $0.00000923, while the high point was at $0.00001116.

Here we can see a price difference of $0.00000193 or 21%.

With this in mind, FLOKI can climb to $0.000012 by the end of December 2022, which means that investors will want to buy FLOKI.

The post Should you buy Floki Inu (FLOKI) after listing on the OKX exchange? appeared first on Invezz.

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