The cryptocurrency FLOKI has seen a remarkable rise in its value recently, boosting its place in the market capitalization list to the top 100. The 40% surge that occurred in the last 24 hours was largely credited to its successful listing on the American Binance platform and the launch of staking on testnet. The token also saw a mammoth increase back in September 2021 due to the acknowledgement of Elon Musk's dog 'Floki', and again in February last year when the founder of Twitter posted pictures of the pooch.

Currently, FLOKI is trading at the price of $0.00003891, with its 24-hour growth at 34.82%, weekly gain of 2.94% and monthly increase of 9.72%. Its market capitalization has also grown by a significant $110 million (38.97%), a huge leap in such a short time. Such growth is a spectacular vindication of Finbold's decision to include FLOKI in the list of top 5 cryptocurrencies under $0.10 to buy in March this year. Nevertheless, the future of the dog meme token will ultimately be determined by a series of factors, both within crypto and economic realms.

In conclusion, the significant rise of FLOKI has been attributed to successful listings, staking on testnet, and not least the unwavering support of its biggest fan, Elon Musk, even though the market has undergone some expected volatility. The token's growth will likely continue, given the enthusiasm from the investment community and its creators.



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