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Information about FLOKI
Floki (FLOKI) is a crypto token inspired by Elon Musk's Shiba Inu dog named Floki. Launched in 2021, it has evolved from a meme coin into a utility token within the Floki Ecosystem, which includes Valhalla, FlokiFi, FlokiPlaces, and the University of Floki. The token is available on both the Ethereum and Binance Smart Chain (BSC) blockchains, allowing for greater accessibility and liquidity. Since its launch, the Floki community, known as the Floki Vikings, has grown significantly and now has over 495,000 members. While Floki has expanded its use case and ecosystem, it still remains a meme coin, meaning it’s highly susceptible to volatility and market sentiment, like other meme-based tokens. Despite its potential for utility, its value remains closely tied to the broader trends in meme coin popularity.
In terms of prices, FLOKI is trading at $0.0440 today, with its current market cap being $383.89M. The lowest price on the trading day amounts to $0.0439, the highest keeps at $0.0440.
FAQ
Floki operates within a multi-layered ecosystem that focuses on various aspects of crypto, including decentralized finance (DeFi), gaming, and NFTs. Its primary financial offering, FlokiFi, allows developers and users to lock liquidity pool (LP) tokens, NFTs, and fungible tokens like ERC-20 on Ethereum. The ecosystem also includes Valhalla, a play-to-earn NFT metaverse game. In addition to these features, Floki includes TokenFi, which provides tools for creating new tokens and tokenizing real-world assets, and FlokiPlaces, a marketplace for NFTs and branded merchandise. The project also has educational efforts through Floki University to increase crypto awareness.
Floki is primarily used within its ecosystem as a medium of exchange, allowing transactions across various services such as FlokiFi and Valhalla. In FlokiFi, the token helps with liquidity locking and vesting, and transaction fees are partly burned to reduce the total supply. Within the Valhalla game, FLOKI is used for in-game purchases and earning rewards. The token is also used for staking, allowing users to earn the project’s sister token, TOKEN. Additionally, FLOKI is used to interact with NFTs and buy Floki-branded merchandise on FlokiPlaces.
As of today, FLOKI’s all-time low is $0.0720, an all-time high is $0.0003.
Flokii offers several promising investment factors, including a strong community-driven development approach and an expanding ecosystem that goes beyond being a meme coin. The token is actively used in multiple sectors like DeFi, gaming, and NFTs, providing utility that could lead to sustained demand. Its deflationary tokenomics, including burning tokens through transaction fees and staking, may help increase its value over time. Moreover, the development team’s marketing efforts, including sports sponsorships and digital billboard advertising, have expanded Floki’s visibility.
Floki can be considered a good investment because of its unique philosophy, which blends meme culture with real-world utility and social impact. Originally launched as a dog-themed meme coin, it evolved into a project with a focus on building a robust ecosystem, offering products like Valhalla and Floki Places where users can engage in NFT trading and purchase goods. The project’s commitment to education through Floki University and its charitable efforts, such as the plan to build schools in underdeveloped countries, add significant value. Floki’s focus on both community empowerment and long-term utility makes it more than just a meme coin, giving it enduring potential in the crypto space.
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