Monat: März 2023

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FLOKI price surges as trading on WazirX starts

  • WazirX is India’s largest crypto exchange.
  • FLOKI is scheduled to start trading on WazirX on March 7, 2023.
  • FLOKI has risen by about 11% today.

The biggest cryptocurrency exchange in India WazirX recently announced the listing of FLOKI. The exchange already started accepting FLOKI deposits and trading is slated to start today; something that has spurred some positive FLOKI price movement.

FLOKI’s listing received a lot of hype from the Floki community and the Floki team which in a tweet said that the listing positions FLOKI for massive growth in India

In follow-up tweets Floki said:

“Through our partnership with India cricket giant The India Maharajas, #Floki will be introduced to 700 MILLION+ cricket fans starting March 10th. India’s biggest and most recognized exchange, WazirX, will also list $FLOKI on March 7th. Just in time for the cricket game to start!

Both of these moves strategically position #Floki to become a force to reckon with in #India: the cricket partnership will introduce Floki to hundreds of millions of Indian users while the WazirX listing makes it very easy for interested users to get the $FLOKI token.”

Recent FLOKI developments

Despite trading 9.4% lower over the past seven days, FLOKI is trading 8.5% up in the last month.

Besides the WazirX listing, the past few days have seen several activities around FLOKI including a recent partnership with Maharaja, Legend League Criquet and the APAC and China announcements.

There is also the FLOKI perpetuals on the popular crypto derivatives exchange Bybit with up to 12.5x leverage which was enabled towards the end of February.

And today, in addition to the WazirX listing, there is also the enabling of FLOKI perpetuals on DigiFinex exchange with up to 100x leverage. DigiFinex has also listed a FLOKI/USDC pair.

Although FLOKI is yet to reclaim last week’s dip, traders expect that the recent developments will spur some price movements for the meme token.

The post FLOKI price surges as trading on WazirX starts appeared first on CoinJournal.

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Yuga Labs’ inaugural Bitcoin NFT auction nets $16.5M in just 24 hours

  • Yuga Labs has concluded its first inaugural Bitcoin Ordinal NFT collection auction.
  • The collection comprises a limited edition of 300 generative pieces inscribed on Satoshis on the BTC network.
  • The auction brought in $16.5 million for the firm in 24 hours.

Yuga Labs, Inc. announced its first Bitcoin Ordinal Non-Fungible token (NFT) collection auction in late February. The collection comprises a limited edition collection of 300 generative NFT pieces inscribed on Satoshis on the BTC network.

Yuga Labs described the collection as a “base 12 art system localized around a 12×12 grid, a visual allegory for the cartography of data on the Bitcoin blockchain.”

Yuga Labs has created several NFT collections including Bored Ape Yacht Club (BAYC), spinoff Mutant Ape Yacht Club (MAYC), and virtual land plots for the Otherside metaverse game. It also owns CryptoPunks and Meebits, two “blue chip” Ethereum NFT projects created by Larva Labs that Yuga Labs purchased their IP rights last year.

The highest bidder paid 7 BTC

There were a total of 288 bidders for the Bitcoin Ordinal Non-Fungible token (NFT) collection auction and the highest bidder paid 7 bitcoins (BTC).

The auction which was conducted on the TwelveFold NFT marketplace has been concluded and it has netted a total of (735 Bitcoin) $16.5 million in 24 hours.

Yuga Labs in a tweet said that the bid winners of the NFTs will receive their inscription in one week’s time and the successful bidders will be refunded their bid amounts within 24 hours.

However, despite the smooth running of the auction, Yuga Labs received some backlash from the crypto community over some identified flaws in how the auction was conducted.

The post Yuga Labs’ inaugural Bitcoin NFT auction nets $16.5M in just 24 hours appeared first on CoinJournal.