TL;DR
- BitMEX is delisting ten perpetual swap contracts, including FLOKI/USD and FLOKI/USDT, due to “insufficient trading interest.”
- Despite the delisting, Floki Inu’s (FLOKI) price increased by around 3% in the past 24 hours, outperforming other major memecoins like Dogecoin and Shiba Inu.
- Floki Inu is among many memecoins in the market, known for their high volatility; investors are cautioned about potential risks due to some having minimal real-world use cases.
FLOKI Takes a Punch but Keeps Performing Well
The leading cryptocurrency exchange – BitMEX – announced the delisting of ten perpetual swap contracts on its platform. Namely, the trading pairs include FLOKI/USD, FLOKI/USDT, 1TAIDOGE/USD, 1TAIDOGE/USDT, BOB/USD, GMX/USD, GMX/USDT, ORDI/USD, RNDR/USD, and TURBO/USD.
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