Cryptocurrencies are witnessing an intriguing phenomenon with meme coins gaining traction through various unique strategies. In this context, Floki Inu has officially launched its previously announced debit card, setting itself apart in the competitive landscape. The team shared numerous details which propelled the coin’s price to its peak on November 21.
Floki Debit Card Features
The Floki Debit Card is now available and can be used at businesses supported by VISA and Mastercard. The team announced zero transaction fees and exchange rate charges, along with support for eight different networks. Both physical and virtual cards are available, and users can deposit not only FLOKI Coin but also BTC, ETH, USDT, BNB, and SOL Coin.
Geographic Availability and Compliance
The card fee is set at 32 EURO plus shipping, and it can be utilized in a total of 31 European countries, including Italy, Sweden, and Germany. To avoid conflicts with U.S. regulators, the Floki Debit Card will be OFAC compliant. Users from sanctioned countries and regions where Mastercard is restricted will not be able to use the service.
Despite the positive news, the surge in FLOKI Coin was tempered by a decline in BTC prices, which limited the overall impact on the charts.
