What is Floki Inu? What Does FLOKI Do? - Coinleaks
Current Date:September 21, 2024

What is Floki Inu? What Does FLOKI Do?

What is the Floki Inu? Floki Inu (FLOKI) is a dog-themed meme coin project inspired by the Shiba Inu. In this article, you can access the answers to the questions that investors often search on the Internet, such as what is Floki Inu, what is FLOKI and how to buy it. As Kriptokoin.com , we have compiled it for our curious readers. Let’s examine the project together.

What is a Floki Inu?

Dogecoin’s entry into the world of crypto money and Elon Musk’s support of this altcoin to the death caused a meme coin wind in the market. With this headwind, big meme coins like the Shiba Inu emerged. At its core, Floki Inu is a dog-themed meme coin project inspired by the Shiba Inu (SHIB). Already, it was created and released by Shiba Inu fans.

However, Floki’s biggest supporter was not Elon Musk, but his brother Kimbal Musk. Accordingly, Floki Inu has become the only cryptocurrency that can officially cooperate with Kimbal’s Million Gardens Movement. The project aims to bring together the power of a community to produce various benefits. Aiming to create a crypto revolution in this context, FLOKI’s main goal is to be among the top 10 cryptocurrencies. Floki Inu is a deflationary token that rewards you just for holding it. Additionally, there are versions of the token created on Ethereum and Binance Smart Chain with smart contracts ERC-20 and BEP-20 respectively.

What awaits Floki Inu in the future?

Basically three main projects of Floki Inu are currently in development. Among them, an NFT Metaverse game called Valhalla comes first. Floki also aims to launch an NFT marketplace for this game called FlokiPlaces. Finally, the project includes an education platform called Floki Inuversity. On this platform, people learn the basics of Blockchain.

However, many cryptocurrency experts criticize Floki Inu for its lack of a solid foundation and infrastructure. According to these experts, many cryptocurrencies that have emerged with the meme coin headwind are risky. The reason for this is the emergence of a fraudulent project that does not have many benefits. Also, trends often determine the value of these coins. Indeed, the rise or fall of a meme coin mostly depends on the news about it. Elon Musk’s Baby Doge tweet is a good example of this.

What is a Floki Inu? How to take FLOKI?

Floki Inu is currently not listed by major cryptocurrency exchanges. Exchanges that list FLOKI include ZT, Gate.io, Lbank, PancakeSwap, CoinTiger, and Bitget. Interested investors must first become a member of one of these exchanges and verify their identity in order to purchase the token. After that, they must load an asset suitable for FLOKI pairs into their wallet and place a buy order for the token. Thus, the desired amount of Floki Inu can be purchased.