Floki is a decentralized cryptocurrency inspired by the popular internet meme culture, specifically centered around the Shiba Inu dog breed. It was named after Elon Musk's Shiba Inu dog, further solidifying its connection to the meme ecosystem.
Floki began as a meme-coin inspired by Elon Musk's dog but has since transformed into a comprehensive web3 project encompassing decentralized finance, NFTs, and the Metaverse. Now known as "The People's Crypto," the team behind Floki has taken a once trivial meme-coin and turned it into something of larger utility.
The project's associated token, FLOKI, is a multi-chain token compatible with the Ethereum and BNB Chain, as it adheres to ERC-20 and BEP-20 standards. FLOKI tokens can be bridged between the two chains, enabling FLOKI holders to utilize either blockchain for storing and transacting with their tokens.
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