Coins by Cryptorank
Insights and analysisEditorial office

Floki developers want to push the token to the moon. Exclusive comment: how they plan to do it

Andrew Zhoao

News editor

Feb 13, 2023 at 06:20

According to Crypto Insight, Floki Inu (FLOKI) has become one of the most mentioned meme tokens in the last 24 hours, behind only Baby Doge Coin (BABYDOGE) and RichQuack (QUACK). However, there is a chance that the coin will overtake its competitors, as the project’s team intends to make FLOKI “the most known and the most utilised cryptocurrency in the world.” They told buidlbee about what they have already done to achieve this.

Why is FLOKI gaining popularity?

On February 10, we reported that FLOKI had become the most-bought asset in the BNB chain. This happened after the project team burned 4.97T tokens. 

Having thus reduced the demand in the market, the coin became interesting to the whales, who began to actively buy it up. Now, according to a monitoring service called WhaleStats, FLOKI became the top 1 purchased token by 500 biggest Binance Smart Chain whales. They own FLOKI for an average of $4.9M in their accounts.

According to bsc, 8.7T Floki, or about $161.3M, was transferred that day.

The brand new newsletter with insights, market analysis and daily opportunities.

Let’s grow together!

Now, according to Crypto Insights, the coin is among the top 3 most-mentioned meme tokens. FLOKI was mentioned 7.81K times per day on the web. It is followed in popularity only by BABYDOGE (12.27K) and QUACK (17.53K).

Project’s goals and what has already been done

“FLOKI intends to be the most known and the most used cryptocurrency in the world,” said the project team’s representatives.

To achieve the goal, the developers are now developing the Valhalla metaverse, a product for decentralized finance called FlokiFi, and are also planning to open an NFT marketplace called FlokiPlaces and launch the education platform University of Floki

“Continued impact on a human level. As the people’s cryptocurrency we have direct and indirect impact on our fellow human beings. We’ve built four schools in underdeveloped nations, contributed millions to philanthropic effort, and the fact the Floki DAO determines the project’s future trajectory shows our pro-human tendencies”

“Continued aggressive marketing which is the foundation upon which Floki was built. Over 3 billion people have been exposed to the Floki brand through our numerous sports partnerships, and we have even more mainstream marketing moves planned for a near and long term,” they said.

The developers also noted that in achieving their goal, the developers do not focus on or worry about rivals like other meme tokens and just go for their goal.

“To be honest, we don’t focus or care about competitors and what they are not doing. Our aim is to become the most known and most utilised decentralized currency in the world, and everything we do is done with this end goal in mind.”

FLOKI’s current price

At the moment of writing this article, FLOKI is trading at $0.00002112, which is 7,46% less than the day before. Most likely, the fall is due to the general state of the market, which began to go negative due to the SEC’s pending proceedings with the Kraken cryptocurrency exchange.

Since the beginning of the year, the asset has increased by 159,08%, starting at $0.00008152.

You have not selected any currency to display

However, one of the largest communities of investors and traders, FLOKI, is confident that the current token decline will soon end and the coin will “crush the crypto world.”

Today the token was listed on the SwyftX exchange, which usually also affects the value of the asset.

So, if FLOKI keeps growing at the same rate, maybe the token will have a chance to become the most famous and used cryptocurrency in the world? What do you think?

All information provided on this website is for educational and informational purposes only. Please consult with our Disclaimer.

Home » Insights and analysis » Floki developers want to push the token to the moon. Exclusive comment: how they plan to do it

Your complaint has been sent to a moderator