The idea of creating this cryptocurrency was born on June 25 after Dogecoin $DOGE) advocate Elon Musk tweeted that the name of his Shiba Inu dog would be “Floki”.
Until recently, you could only buy on $FLOKI on very few centralized exchanges (such as Gate.io). As for decentralized exchanges, you can buy it on Uniswap and PancakeSwap since it “has both an ERC 20 token and a BEP20 token.”
FLOKI has both an ERC 20 token and a BEP20 token. It can be bought on the Uniswap DEX and on PancakeSwap.
It is worth noting that currently there isn a petition to get $FLOKI listed on eToro in the U.S.:
The Floki Inu team says that some of the projects that will use the $FLOKI token are as follows:
- Valhalla: “A Play-To-Earn NFT gaming metaverse currently being developed by the FLOKI team. Our goal with Valhalla is to get many people who might not have otherwise heard about crypto to explore cryptocurrency and blockchain technology through an NFT game — and to get paid while doing it.“
- FlokiPlace: “The NFT economy is strong and will only become more vibrant. We also look forward to a world where people can easily purchase physical goods with cryptocurrency. FlokiPlaces aims to fill this gap by making it easy for people to trade NFTs and physical goods while paying with cryptocurrency — with the FLOKI token as the core payment option.“
- Inuversity: “FLOKI is working to help create a world where pretty much everyone is exposed to cryptocurrency and the blockchain in some form. To achieve this, we believe educating people about blockchain technology is mission practical. Floki Inuversity will be the premier cryptocurrency education platform. It’s focus is to educate the mainstream audience FLOKI appeals to and get them more familiar with cryptocurrency and blockchain technology.“
On November 7, DafriXchange Pro tweeted that it was going to soon list $FLOKI:
In a blog post published on Sunday (November 7), the South Africa based crypto exchange had this to say about $FLOKI:
“A new crypto coin birthed by fans & members of the Shiba Inu community, Floki Inu (FLOKI) is inspired by #DogeFather Elon Musk’s very own Shiba Inu. Floki Inu is also the ONLY crypto project officially partnered with the #DogeFather’s brother Kimbal Musk’s Million Gardens Movement… with whom we are working together to tackle food insecurity in the world.
“FLOKI is working on three flagship utility projects: an NFT gaming metaverse known as Valhalla, an NFT and merchandise marketplace known as FlokiPlaces, and a content/education platform known as Floki Inuversity.“
The blog post went on to say that on November 8, it would list $FLOKI and launch the following trading pairs for it: FLOKI/USDT, FLOKI/USD FLOKI/ZAR, FLOKI/NGN, and FLOKI/USDC.
However, as you can see from the screenshot below, at the time of writing (18:43 UTC on November 8), FLOKI-USDT seems to be the only FLOKI-related pair that is available:
FLOKI-USDT is trading around $0.0002574, up 6.48% in the past 24-hour period.
As for other $FLOKI news, yesterday the Foki Inu team announced that there are now over 300,000 holders of $FLOKI:
Earlier today, one $FLOKI HODLer reported that thanks to FLOKI’s impressive marketing machine, billboards promoting $FLOKI can now be seen in Miami, Florida:
Another $FLOKI HODLer explained what makes $FLOKI stand out from other dog meme cryptocurrencies such as $DOGE and $SHIB:
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.