$FLOKI 🔥🔥
The Floki meme coin has reached a significant milestone, boasting a Total Value Locked (TVL) of $820 million. This surpasses other leading meme coins such as $Dogecoin (DOGE), Shiba Inu (SHIB), and Pepecoin (PEPE). Floki's achievement of an $820 million TVL stands as an all-time high in the meme coin industry, highlighting its growing prominence. The TVL metric, which represents the total value of assets locked or staked within a protocol, signifies Floki's increasing success and viability compared to its competitors.
The $820 million TVL is attributed to Floki Staking and FlokiFi Locker, with the former accounting for over $700 million and the latter for over $120 million. This accomplishment underscores the substantial interest and investment in the Floki ecosystem, indicating a strong momentum toward realizing its vision of becoming the world's most recognized and utilized cryptocurrency.
In the past 24 hours, Floki's price has risen by 4.3% to $0.000298, accompanied by a 4.8% increase in market cap and a 40% surge in trading volume to $2.8 billion and $1.3 billion, respectively.
Recent developments within the Floki ecosystem include the launch of Floki Staking Launchpad v2.0, offering users an opportunity to earn a 3.5 times APR staking multiplier bonus for registering within the next 48 hours. Additionally, Floki introduced its own trading bot, with 50% of generated fees allocated to the programmable purchase and burning of FLOKI tokens, enhancing its utility and value proposition.
