Latest News

Kraken Includes FLOKI in Perpetual Futures Trading, Bolstering Its Market Position

  • Kraken’s inclusion of FLOKI in Perpetual Futures Trading boosted its price by nearly 14%, reflecting increased investor interest.
  • FLOKI’s addition to Revolut Business expands its utility as a transactional currency across Europe.
  • FLOKI’s listing in Bitpanda Meme Coin Leaders Index and Binance Thailand enhances its global market presence and liquidity.

Kraken, a leading US-based cryptocurrency exchange, has integrated FLOKI in its Exchange Listing Roadmap, a move that is expected to revolutionize the digital currency industry. Perpetual Futures Trading for FLOKI is now available on Kraken’s platform. 

Read CRYPTONEWSLAND on google news

Kraken is well-known for its strict listing criteria and broad global reach, with users in over 190 countries and over 10 million. This development has elevated FLOKI to a mature asset in the competitive world of digital currencies, while also expanding trading opportunities.

Perpetual Futures Trading for FLOKI on Kraken enables traders to wager on price fluctuations without actually owning the cryptocurrency. This new feature increases flexibility and trading efficiency by letting users take advantage of market forecasts by choosing long or short positions.

Kraken has a large user base that includes institutional investors. This means that FLOKI will have more access to liquidity and exposure, which will strengthen its position as a major player in the crypto market. The immediate market reaction has been overwhelmingly positive, with FLOKI rising nearly 14%, reflecting increased investor optimism and interest.

FLOKI has made significant progress in its market expansion efforts. Its recent integration with Revolut Business increases its usefulness throughout Europe, enabling smooth transactions and strengthening its popularity as a transactional currency.

Additionally, FLOKI’s inclusion in the Bitpanda Meme Coin Leaders Index and its availability on major exchanges like Binance Thailand highlight its growing presence worldwide and strategic positioning in the market.

FLOKI has made great strides toward wider recognition and adoption in the competitive world of digital currencies owing to Kraken’s inclusion of the coin in its Perpetual Futures Trading. FLOKI is well-positioned for long-term growth and stability in the changing cryptocurrency landscape.

Read Also

Codie Bowman

Codie is passionate about IT development and has caught wind of blockchain technology during one of her peer discussions. Since then, she has made it her personal mission to educate her readers about blockchain and its latest innovations.

Recent Posts

Dogecoin Breakout Suggests Potential 404% Rise as Market Sees Bullish Signals

Dogecoin's breakout suggests a potential 404% rise with a target of $0.6533! Currently trading at…

24 mins ago

What’s Behind The BlockDAG Surge?: 1,300% ROI Forecast as Ethereum Gas Prices Plummet and Solana Faces Decline

Explore #BlockDAG’s DAG-tech & successful presale run. See why its native coin BDAG may reach…

1 hour ago

Weekend Trading of Bitcoin Dropped To Historic Lows as ETF Influence Took Hold

#Bitcoin weekend trading will fall to 16% in 2024 due to spot #Bitcoin #ETFs and…

2 hours ago

Earn Big with Crypto in 2024:BlockDAG’s $54.7M Presale Sets Investor Excitement Ablaze Topping Polkadot & Toncoin

BlockDAG leads 2024's crypto surge with a $54.7M presale, eclipsing #Toncoin's record and #Polkadot's downturn,…

3 hours ago

Is MoonBag Crypto the Better Bet? Pepe and Polkadot Left Wondering!

MoonBag crypto is turning heads with its hot presale. Polkadot and Pepe Coin have issues,…

5 hours ago

BlockDAG’s Astounding $10 Target by 2025, Poised to Surpass Ethereum & XRP in Market Forecasts

Discover how #BlockDAG’s bold $10 price goal by 2025, driven by a thriving presale, might…

5 hours ago