According to data from cryptocurrency tracking platform CoinMarketCap, the price of the FLock.io (FLOCK) altcoin has increased by 89% in the last 24 hours.
The altcoin, which is listed on major exchanges Bybit and Upbit, is not listed on the largest cryptocurrency exchanges such as Coinbase and Binance.
FLOCK, which was traded at around $0.11 yesterday, is trading at $0.217 at the time of writing.
FLock.io is known as a decentralized artificial intelligence (AI) collaboration platform. However, the reason for the token’s rise is that it was listed on South Korea’s largest cryptocurrency exchanges Upbit and Bithumb two days ago. The altcoin’s trading volume had increased significantly after it was listed on these exchanges.
However, FLOCK is trading 76% lower than its all-time high price record of $0.89 set in January.
According to the data, 41% of the current supply of FLOCK in circulation is held by the top 10 cryptocurrency wallets that hold the asset in their portfolio.
*This is not investment advice.
