Floki (FLOKI) is a publicly traded cryptocurrency and utility token within the Floki Ecosystem. Conceived by aficionados and members of the Shiba Inu (SHIB) community, it derives inspiration from, and shares its name with, Elon Musk’s Shiba Inu.
What is FLOKI Token?
Floki Inu is spearheading “four service projects”:
- Valhalla, an NFT game metaverse
- A collection of decentralized finance products unveiled under the “FlokiFi” moniker
- FlokiPlaces, an NFT and commercial product marketplace
- University of Floki, a content and education platform
In homage to Floki (Musk’s dog), who was named after a Viking character, the community dubs itself “Floki Vikings.” Floki pledges to prioritize community endeavors and has consistently ranked among LunarCrush’s Top 10 social engagement leaderboards. Floki has also forged alliances with distinguished crypto projects such as Chainlink, Trader Joe, and ApeSwap for its FlokiFi Locker digital asset locker protocol.
Conversely, Floki is a decentralized project governed by its community.
Initially launched by an anonymous developer who swiftly abandoned the project, the community coalesced, assumed control, and reinitiated the project. This rendered it an internationally renowned crypto brand, boasting over 400,000 owners within its inaugural year.
Floki’s core team, representing the community’s interests, comprises the pseudonyms B, Sabre, and MrBrown Whale. The project’s lead developer, Jackie Xu, is “a respected and doxxed figure in the industry with over a decade of blockchain experience,” as stated by Floki. The team disclosed that Valhalla, their NFT gaming metaverse, is being crafted by a group of 50 individuals possessing a combined 20 years of team experience.
Project-related decisions affecting Floki are made via a DAO vote, wherein participants cast votes using FLOKI tokens.
FLOKI Coin Insights
Floki has a total supply of 10 trillion FLOKI. As per BscScan and Etherscan, Ethereum and BSC collectively host over 400,000 FLOKI holders. Users can acquire FLOKI on Uniswap and PancakeSwap; however, each purchase incurs a 0.3% tax, which will be allocated toward the ongoing development of the FLOKI ecosystem.
CoinMarketCap ranks FLOKI Coin 99th. At the time of writing, FLOKI Coin was trading at $0.00005121, with a 24-hour trading volume of $55,841,275. FLOKI Coin reached a nadir of $0.00000002 on August 9, 2021, and broke its all-time record of $0.0003437 on November 4, 2021.
How to Buy Floki Coin?
Binance, the world’s preeminent cryptocurrency trading platform by trading volume, offers a rapid and secure means of purchasing Floki Coin.
To acquire Floki Coin, one must first register as a Binance member and subsequently transfer fiat currency. After submitting a fiat currency such as Turkish Lira or US dollars, transactions can be executed on the Tether (USDT) Floki trading pair, where Floki Coin is listed. FLOKI trading on Binance will commence at 19:00 on May 5, 2023.
Furthermore, Binance permits users to place purchase orders not only at market value but also at reduced valuations, enabling users to buy at their preferred price points. Utilize the Limit tab, input the desired purchase amount and price, and proceed accordingly.
