Floki Inu FLOKI
$0.00019 4.56%
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Updated at 00:33$1,848,618,291.31
#52
$778,367,558.53 109.70%
+$0.000008827 4.56%
+$0.00003 13.07%
What about Floki Inu?
Floki Inu is a meme-based cryptocurrency that was forked from the Shiba Inu crypto in August 2020. The project's primary goal is to become the "most memed cryptocurrency," providing rewards to users who participate in the ecosystem. FLOKI is built on the Ethereum blockchain and has plans to create a decentralized financial ecosystem by developing courses on cryptocurrency trading and investing at Floki University.
Floki Inu is developing three flagship cryptocurrency and blockchain projects that aim to support mainstream adoption. The gaming metaverse, Valhalla, is one of these projects. Floki Inu wants to create a fun, rewarding play-to-earn game world where players can earn rewards by capturing and battling creatures called Vera.
The second project, FlokiPlaces, is a cryptocurrency-based NFT and merchandise marketplace.
The third project is Floki University, a content and education platform that provides resources on blockchain technology.
Floki Inu offers many unique features that differentiate it from other meme coins. The Floki Inu team wants to create a decentralized and autonomous ecosystem that includes strategic partnerships, token utility, and development use cases. It will be built with NFTs, games, and decentralized finance features that offer more than just memes, which is significant for the currency and cryptocurrencies. Floki Inu is also working towards creating an immersive and rewarding play-to-earn experience, where players can do more than just earn the currency.
Floki Inu Network has a high level of security thanks to its use of two types of tokens: ERC-20 on Ethereum and BEP-20 on Binance Smart Chain. The ERC-20 token identifies and tracks authorized network users, while the BEP-20 token encrypts all data on the network, making it inaccessible to unauthorized users. By combining these tokens, Floki Inu Network ensures that only authorized users can access the network and all data is encrypted, providing a secure network.
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What is Floki
Floki (FLOKI) is a meme coin project that describes itself as “people’s cryptocurrency.” FLOKI is the utility token that powers the entire ecosystem of the platform. Floki is stated to combine the power of memes with real utility and charitability.
It is a relatively new cryptocurrency that gained attention thanks to its association with Elon Musk's Shiba Inu pet dog, Floki, who was named after a Viking character. For this reason, Floki is sometimes called "Floki Inu Coin."
Changelly’s interactive price chart presents the current Floki Inu price with real-time updates, as well as the market statistics of the FLOKI cryptocurrency.
Core Values of Floki
The project is actively run and directed by community members. The core values of Floki Inu FLOKI revolve around three pillars: community, utility, and charity.
With a global community of over 470,000 strong, the Floki Vikings are determined to make Floki Inu FLOKI the most popular cryptocurrency worldwide. They engage in epic social media raids and create Floki memes to connect with the masses, recognizing that the community is the heart and soul of Floki.
As Floki evolved from a meme to an industry-leading utility project, their innovative ecosystem offers various features like 3D NFT Metaverse, DeFi utilities, a crypto education platform, NFTs, and a merchandise store. However, the fundamental focus remains on utility for the FLOKI token.
Additionally, the project is committed to making a real-world impact through charity. They have pledged to build state-of-the-art schools, starting with every continent and expanding into underdeveloped nations. Already, Floki schools exist in Guatemala, Ghana, Laos, and Nigeria, as making a positive change in the world is at the core of Floki's mission.
The native token of FLOKI, symbolized as $FLOKI, is a secure and fungible cryptocurrency built on cryptographic technology. It acts as a transferable representation of utility functions specified within the Floki protocol. This functional token serves as a medium of exchange for participants within the decentralized FLOKI ecosystem.
The primary objective behind introducing the FLOKI coin is to establish a convenient and secure mode of payment and settlement between ecosystem participants. The aim is to eliminate the need for intermediaries, like centralized third-party entities or institutions. Note that the FLOKI cryptocurrency is not intended to be recognized as a widely accepted medium of exchange by the public, nor is it designed for use in transactions unrelated to the issuer.
It's crucial to emphasize that FLOKI does not grant any shareholding, participation, or ownership rights in the associated company, distributor, or any other enterprise. FLOKI holders will not receive any promises of fees, dividends, profits, or investment returns. The tokens are not deemed as securities within the United States, Singapore, or any relevant jurisdiction.
FLOKI coins can only be utilized within the Floki network and do not carry any additional rights beyond facilitating interaction within the ecosystem. The token plays an essential role in incentivizing users to contribute resources and participate in activities for the benefit of the entire ecosystem.
As an ERC-20 and BEP-20 compliant token, FLOKI adheres to specific technical standards. Notably, every buy and sell transaction of FLOKI incurs a 0.3% tax, which is directed towards a treasury wallet. The funds accumulated in the treasury wallet will be utilized for further development of the Floki Inu ecosystem and marketing initiatives aimed at driving adoption.
The meme token FLOKI is available on both the Ethereum blockchain (ETH) and Binance Smart Chain (BSC) network, enabling cross-chain compatibility. The FLOKI crypto asset is traded on over 100 cryptocurrency exchanges worldwide, and the asset’s circulating supply is 9.44T, while the total supply is 10,000,000,000,000.
How Are FLOKI Coins Created?
The way how new FLOKI tokens are created is the following.
The FLOKI ETH-BSC atomic exchange bridge enables FLOKI holders to transfer tokens effortlessly between BSC and ETH blockchains. FLOKI's supply and demand are connected through a 1:1 swap ratio. When users bridge tokens across chains, they are not charged the 3% FLOKI transaction fee, allowing for a tax-free transfer between ETH and BSC.
What is the price of FLOKI Inu today? If you are seeking an answer to this question, Changelly has got you covered. A reputable crypto price-tracking platform, Changelly offers a detailed FLOKI price chart with the coin’s market data to let you know how the cryptocurrency is performing in the landscape.
You can also use our FLOKI price converter if you want to buy FLOKI with fiat currencies or other crypto assets. This will help you see how many FLOKI tokens you can obtain based on your investment.
Floki Ecosystem
The Floki Ecosystem is a community-run initiative that offers four key products offering utilities for the FLOKI Coin:
Valhalla NFT Metaverse Game
Valhalla is an NFT gaming metaverse powered by the FLOKI token. It will have unique Play-To-Earn mechanics, including a gardening system, in-game characters, a battle system, an in-game ship system, and an items system. Players will be able to earn rewards for battling and trade or hold on to assets obtained in the metaverse. The game is being developed by a team of experienced professionals and plans to expand further. Valhalla will use FLOKI tokens as the main currency and incentivize players to spend them. The game will feature successful elements from game masterpieces like Pokémon, Animal Crossing, Farmville, and Skyrim.
FlokiFi
FlokiFi is a suite of decentralized finance (DeFi) products launching under the Floki brand. The first product is the FlokiFi Locker, which allows users to lock and vest tokens, including NFTs, for a long period of time. It is the first token locker protocol to implement the ERC-1155 multi-token standard and supports multiple assets in a single transaction. The FlokiFi Locker also supports multiple EVM (Ethereum Virtual Machine) compatible blockchains.
Floki University
Floki University is an initiative by FLOKI to provide crypto education to the billions of people who will be discovering crypto in the future. Currently, only a small percentage of internet users are involved in cryptocurrencies, indicating a significant gap in education. Floki University will use a combination of learning models to reach a wide audience and promote awareness of the FLOKI token. As the premier crypto education platform, it aims to introduce the Floki Inu ecosystem to new users, with the FLOKI token playing a role in certain functions within the university. The university is led by Dr. Amanda Kavner.
FlokiPlaces NFT
This is an NFT and Merchandise Marketplace that is launched by Floki’s team to disrupt digital asset commerce by creating an environment where users can trade non-fungible tokens and merchandise using crypto as a payment method. The FLOKI coin will be the main currency of this marketplace.
Founders of Floki Inu
It is common for projects developing meme coins to have anonymous teams. As for Floki Inu, the core team includes B, Sabre, and MrBrown Whale, who are secret personalities. The project's lead developer is Jackie Xu, known as a respected and doxxed figure in the industry, with more than a decade of blockchain experience.
Floki has formed strategic partnerships with various organizations. Some of its partners include SpookySwap, BinStarter, BitGo, Huobi Wallet, Football Club Goa, Shopping io, Real Estate Empire Group, SSC Napoli, Pyth, CertiK, CherrySwap, Zelwin Finance, Wintermute, Bayer QuickSwap, Chainlink, Alfa Romeo, StealthEX, Trader Joe, among others.
These partnerships have helped the Floki project expand its reach, collaborate on marketing efforts, enhance its use cases, and explore new opportunities in various industries, such as finance, sports, real estate, and more. Together with its partners, Floki aims to achieve greater success and innovation in the industry.
As the project is looking to introduce a DAO (decentralized autonomous organization) where people can vote on the project’s future with their FLOKI tokens, the price of FLOKI may fluctuate, as the demand for FLOKI tokens may increase because of their utility in the DAO voting process.
However, the Floki Inu price can be influenced by various factors, including market conditions, investor sentiment, and overall adoption of the project. Get acquainted with a FLOKI price prediction for the times to follow from a reputable source before you buy FLOKI.
Which Meme Coins are Similar to FLOKI?
Meme coins with a similar market cap to FLOKI include Shiba Inu (SHIB), Akita Inu (AKITA), and Dogecoin (DOGE).
Please note that cryptocurrency market caps are subject to high volatility and can change rapidly.
Digital assets in the meme coin sector, such as FLOKI, Dogecoin or Shiba Inu, are highly volatile due to several reasons.
These coins often lack fundamental value or real-world utility, which makes their prices highly speculative and driven by market sentiment.
The meme coin sector is known for its hype-driven nature, where social media trends and celebrity endorsements can significantly impact their prices.
The relatively low market liquidity and large concentration of ownership in meme coins can lead to sharp price movements with even minor buy or sell orders. Hence, investors should be cautious and aware of the high volatility associated with meme coins.
It's always a good idea for investors to check the latest market information on a reliable crypto data platform, like ours, before making an investment decision.
You can buy FLOKI with fiat money on Changelly, instantly, easily, and securely. We allow you to pay with a credit card, debit card, bank transfer, and a host of other payment methods to fund your crypto purchase. If you own Bitcoin Cash, Binance Coin, USD Coin, or any other cryptocurrency, you can exchange your holdings for FLOKI coins as well, using our crypto exchange platform.
Changelly is well-known for being the ultimate cryptocurrency exchange platform that is designed with a user’s happiness in mind. When you sell, exchange, or buy crypto from us, you benefit from instant processing times, incredibly low trading fees, secure transactions, and a rich selection of digital assets to enrich your portfolio with.
This article is not for investment advice, but only for an informational purpose. It is up to you to decide whether the FLOKI cryptocurrency is a good investment for you. Before dealing with risky assets like digital currencies, consider talking to a professional to get financial advice.
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