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Floki Inu Rises as Binance Announces Simon’s Cat Airdrop

August 26, 2024
in Crypto News
Reading Time: 3 mins read
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Floki Inu Rises as Binance Announces Simon’s Cat Airdrop
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  • Floki Inu gains momentum following Binance’s announcement of the Simon’s Cat (CAT) token airdrop for FLOKI holders.
  • Floki Inu secures a strategic partnership with Nottingham Forest, boosting its visibility in the Premier League.

The Floki Inu (FLOKI) meme token has entered today’s top five gainers with a 7.58% increase over the last 24 hours, achieving a price of $0,0001524 with a daily trading volume of $231.33 million.

An announcement by Binance on August 20 about the upcoming airdrop of the Simon’s Cat (CAT) meme coin appears to be what has caused this increase in value.

Binance Will Support the Simon’s Cat ( $CAT ) Airdrop to $FLOKI Holders

Binance, the world’s largest cryptocurrency exchange, will support the Simon’s Cat / $CAT airdrop to $FLOKI holders on its platform.

You can read the full details of the announcement here:… pic.twitter.com/23tqY1br92

— FLOKI (@RealFlokiInu) August 20, 2024

Binance Supports Simon’s Cat Airdrop, Floki Inu Sees Renewed Bullish Momentum 

Binance announced that it would facilitate the CAT token airdrop for FLOKI holders. The Floki Inu crew has expressed excitement about the Simon’s Cat airdrop since the beginning of August, indicating that the community has been eagerly awaiting this development.

As proof, the Viking-helmet-wearing dog-themed token has shown a bullish performance over the last seven days, rising 33.18% and reversing the bearish momentum that had plagued it since early June.

To add to the excitement, the meme token had earlier established a connection with Nottingham Forest, a football team now competing in the English Premier League (EPL).

According to a prior CNF report, this partnership makes Floki Inu the official cryptocurrency partner of Nottingham Forest, giving it significant marketing and promotional rights.

Notably, throughout all home matches, the Floki brand will be exhibited for three minutes on LED boards facing the camera, from kickoff to the final whistle, ensuring significant visibility to a large audience.

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