The price of the popular meme-inspired cryptocurrency – FLOKI – has soared by more than 40 in the past 24 hours.

The surge happened shortly after the American subsidiary of Binance – Binance.US – listed the asset on its platform. 

  • Binance.US – Binance’s arm designed to serve United States residents – added FLOKI among the supported coins on its platform, saying users can trade it against USD and USDT.