Floki Inu price has been bouncing off the $0.0000320 support level.

A breakdown of the $0.0000320 barrier could result in a steep 13% correction to $0.0000276.

Invalidation of the bearish thesis will occur if FLOKI flips the $0.0000353 hurdle into the support level.

#FlokiInu price has been hovering above a stable support floor with no upside. The last two bounces produced lower highs, suggesting a lack of bullish momentum. If this trend continues, a breakdown of the immediate foothold could result in a steep correction. 

Floki Inu price pauses before hemorrhaging 

Floki Inu price rallied 82% on May 5 and 6 and set up a local top at $0.0000578. As investors rushed to book profits, this rally came undone, pushing #FLOKI down to the $0.0000320 support level.

The initial bounce pushed Floki Inu price up by 19%, which eventually was faded as bears stepped in. The second bounce off this level propelled FLOKI by 11%, denoting a lack of buying pressure. If this trend continues and sellers continue to dominate, a breakdown of the $0.0000320 barrier is likely.

A decisive daily candlestick close below this level will signal a breakdown and catalyze a 13% downswing to $0.0000276.  

On the other hand, if Bitcoin kick-starts its recovery rally, altcoins including Floki Inu price will start to climb higher. In such a case, if FLOKI flips the $0.0000353 hurdle into a support floor, it will invalidate the bearish thesis.

Such a development could see sidelined buyers step further propelling Floki Inu price to tag the next hurdle at $0.0000390. 

Post By: CryptosHeadlines.com

FLOKI Inu has been performing exceptionally well, with $54.4 million worth of tokens being staked. This success indicates its potential to outshine DOGE, SHIB, and PEPE in the cryptocurrency market.

FLOKI Inu, the meme coin, has been standing out and is expected to surpass other top meme coins like DOGE, SHIB, and PEPE during the current bull run.
On November 4, FLOKI shared exciting news on X (formerly Twitter) about its performance. Named after Elon Musk’s dog and a Viking character, Floki, it’s gaining momentum and is poised to outperform other tokens and coins.
In a tweet from the official FLOKI account, they mentioned that around $54.4 million worth of FLOKI tokens have been locked in the Floki staking program.
This staking program, launched on October 27, aims to reward dedicated FLOKI holders. Staking FLOKI tokens allows holders to earn FLOKI’s sister token, TokenFi, as a reward.
This program is notable because TokenFi, the sister token, is part of a tokenization platform targeting an industry projected to be worth $16 trillion by 2030. Interestingly, this update followed Floki DAO’s decision to reduce TokenFi’s transaction tax from 20% to 0.3%.
$54 Million Worth of FLOKI Tokens Locked in Staking Program
FLOKI Token recently introduced its FLOKI staking program, which quickly attracted a substantial $41.35 million in locked assets in just 48 hours. The program’s success has continued, and it has now amassed an impressive $54.4 million in $FLOKI tokens.
This growth was fueled by the demand for TOKEN, which followed listings on major exchanges, drawing attention from the cryptocurrency community.
The data about Floki, a rapidly growing multi-chain protocol, was shared on their official X (formerly Twitter) account, receiving a positive response from crypto traders and enthusiasts. Notably, there are 460,000 FLOKI holders, reaching approximately 3 billion people in the market.
Additionally, Floki Inu offers a three-month Annual Percentage Yield (APY) of 160% for those who lock their Token for four years.
FLOKI Price and Tax Reduction Impact
At the time of writing, the FLOKI price had increased by 6.05% and was trading at $0.00003176. The trading volume in the past 24 hours also saw a substantial 21.74% rise, reaching $45.33 million, and there were 9.51 trillion FLOKI tokens in circulation.
Furthermore, experts believe that the recent reduction in the tax rate for TokenFi’s transactions, from 20% to 0.3%, could have a significant influence on FLOKI’s price. This change may not only impact the crypto’s value but also make the FLOKI Staking Program more attractive to potential investors.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#CryptoNews #DOGE #SHIB #PEPE #FlokiInu

The recent news of Floki Inu’s (FLOKI) listing on Binance.US, the American branch of the popular crypto exchange Binance, has sent shockwaves through the cryptocurrency market. As a result of this listing, FLOKI has experienced a significant surge in value, gaining 55% in just 24 hours on April 24th.

This surge in value has brought FLOKI’s market cap to $410 million, a level not seen since February 2022, despite its low token price of $0.00004232 (1/236 of a cent). This milestone is particularly noteworthy, given the large supply of FLOKI tokens.

FLOKI/USDT 1 hour-chart on OKX | Source: TradingView

FLOKI is the people’s cryptocurrency and the utility token of the Floki Ecosystem, inspired by Elon Musk’s Shiba Inu dog. It is associated with several flagship utility projects, including an NFT gaming metaverse called Valhalla, a suite of decentralized finance products under the “FlokiFi” umbrella, an NFT and merchandise marketplace called FlokiPlaces, and a content and education platform called University of Floki. FLOKI has also partnered with leading crypto projects such as Chainlink, Trader Joe, and ApeSwap for its FlokiFi Locker digital asset locker protocol.

With FLOKI’s recent listing on Binance.US and the launch of staking on the project’s testnet, allowing holders to earn rewards, it remains to be seen whether FLOKI will continue to gain in popularity among crypto investors. As with any digital asset investment, caution and thorough research are always advised.

#Binance #Floki #FlokiInu #crypto2023 #memecoin

Source: https://azcoinnews.com/floki-inu-floki-rockets-up-55-following-binance-us-listing.html

CryptosHeadlines.com - The Leading Crypto Research Network

Meme coins blend internet humor with crypto, creating a unique financial trend. Dogecoin led the way, starting as a joke but gaining real value with support from investors like Elon Musk.

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Now, meme coins like Floki Inu and Big Eyes Infinity are also in the spotlight. Let’s see if they can achieve huge returns this altcoin season.

Dogecoin’s Contribution to Charity in Meme Coin Culture

Back in 2013, when social media was booming, memes were getting popular too. Around the same time, cryptocurrencies like Bitcoin were becoming well-known. That’s when Dogecoin (DOGE) appeared, inspired by a funny meme. People quickly formed a community around it.

Just a short while after starting, this community did something great. They gathered money to help the Jamaican bobsled team go to the Winter Olympics. This set the stage for meme coins to be connected with helping others.

Nowadays, meme coins still do good things. For example, Baby DogeCoin recently gave a lot of pet food to animals in need. Another coin, Big Eyes Coin (BIG), keeps 5% of its tokens for charity. This money goes to help ocean animals. Floki Inu, another meme coin, also helped after an earthquake by donating money to help the people affected. All in all, meme coins are using their popularity for good deeds.

Floki Inu Shakes Things Up by Bringing Useful Features

Dogecoin made people think meme coins are just pictures with a cost, but they can be more. Floki Inu breaks this mold by having useful things like FlokiFi, FlokiPlaces, Floki Inuversity, and Valhalla. These let you talk to others, trade special items, and enter a digital world, all using the FLOKI token.

Also, Big Eyes Coin (BIG) and Big Eyes Infinity (BIGINF) are important in the Big Eyes Ecosystem, starting with the 819 Casino. This casino is for crypto gambling and games, and it has lots of games where you can earn tokens.

The 819 Casino’s BETA version comes out on August 29th, and all the transactions there will only use BIG tokens. Later, when BIGINF’s presale ends in four months, it will also be used in the casino. Since all the game actions use BIG and BIGINF tokens, and these tokens’ trading amounts count, they might grow a lot, maybe 1000 times more.

Is a 1000x Profit Possible with Big Eyes Infinity?

Meme coins are more than just charity and memes – they’re also about smart investments. The success of meme coins relies on their communities and investors. These coins can be unpredictable due to changing feelings in the market. So, it’s smart to understand what other investors are thinking before making big decisions.

This altcoin season, get into meme coin culture by investing in Big Eyes Infinity. This new meme coin’s presale is creating a community based on support, cuteness, and helping others. Invest early before the 819 Casino launch to have a chance at getting big returns (maybe 1000 times more) with BIGINF.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#NFT #Web3 #Blockchain #Dogecoin #FlokiInu

Post By: CryptosHeadlines.com

There’s been a heated argument in the cryptocurrency community involving Floki Inu (FLOKI) and Bitget, a crypto exchange. The dispute began when Bitget listed TokenFi (TOKEN) and then accused them of market manipulation, listing without permission, and lacking enough funds to cover transactions.On October 27, 2023, Bitget announced that it was adding TokenFi (TOKEN) to its Spot market’s Innovation Zone. However, shortly after TokenFi started trading, there were significant price swings that raised suspicions of market manipulation.
Concerns grew when it was revealed that TokenFi’s project team had only contributed a small amount, less than $2,000 worth of tokens, to decentralized exchanges (DEXes), hinting at potential manipulation of initial liquidity.
Furthermore, an examination of the TokenFi project revealed more issues, such as a confusing token system and an unclear schedule for releasing tokens.
To protect its users, Bitget made the decision to remove TokenFi (TOKEN) from its platform and launched a plan to buy back the tokens held by users.
Floki Inu Accuses Bitget of Violating Listing Agreement
Floki Inu, a meme coin protocol, has accused Bitget, a crypto exchange, of breaking their agreement not to list TOKEN until seven days after its launch. Floki Inu stated that they had discussions with several top-tier exchanges in the cryptocurrency industry, and these exchanges agreed to wait for the specified period, despite their initial interest in listing TOKEN earlier.
However, Bitget, which Floki Inu considered the smallest exchange among those involved, reportedly announced the listing of a fake version of TOKEN just 12 minutes before the official launch on the blockchain.
Floki Inu also claimed that Bitget engaged in deceptive trading practices by manipulating TOKEN’s trading volume without evidence of holding the actual tokens. Bitget’s initial announcement even indicated that withdrawals would open 24 hours after trading started, which raised concerns about potential price manipulation. However, the market didn’t react as Bitget had expected, resulting in financial losses.
The situation worsened as users faced difficulties withdrawing TOKEN from Bitget’s platform, and some users allegedly got banned for making complaints. Floki Inu tried to address the issue with Bitget, but they found the response unsatisfactory, including a request to report liquidity issues to Bitget’s support team.
Floki Inu’s Accusations Against Bitget
Following discussions between Floki Inu and Bitget, it was revealed that Bitget needed around 1 billion TokenFi tokens to meet user withdrawal requests and cover their financial shortfall. This amounted to roughly 10% of TokenFi’s total supply, equivalent to about $20 million at the time of Bitget’s statement.
Floki Inu accused Bitget of acting in “bad faith” and trying to resolve the situation through an over-the-counter (OTC) deal at a heavily discounted rate. The proposed 90% discount from the market price raised concerns, as it was argued that Bitget should take responsibility for its actions and the resulting financial deficit.
In response to Bitget’s announcement of delisting TokenFi and allegations of market manipulation, Floki Inu disputed Bitget’s claims. They argued that Bitget had listed the token against their explicit instructions and falsely accused the Floki Inu team of manipulating prices.
Floki also challenged Bitget to provide verifiable evidence of their holdings of TOKEN and FLOKI, expressing concerns about Bitget’s financial stability and risk management practices.
Ultimately, Floki Inu cautioned its users against trading or holding FLOKI on Bitget, citing “troubling patterns” observed during the TokenFi incident. As the situation unfolds, the cryptocurrency community is eagerly awaiting further information and resolution regarding the allegations and their impact on affected users.

FLOKI’s retracement on the 4-hour chart. Source: FLOKIUSDT on TradingView.com
In light of these developments, FLOKI has retraced more than 9% in the last 24 hours, with its current trading price at $0.00003250. Despite this recent drop, the token has shown a remarkable 85% increase over the past two weeks.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #CryptoNews #FlokiInu #FLOKI #bitgetglobal

Post By: CryptosHeadlines.com

During the inaugural week of its staking program, more than $54.4 million worth of FLOKI tokens have been securely locked.

To provide some context, this locked value represents approximately 17% of the total FLOKI token supply or nearly 18% of the tokens currently in circulation.
Floki’s official Twitter account emphasized, “It’s important to note that a significant portion of these tokens are staked for extended periods, up to 4 years. In essence, under normal circumstances, most of these tokens are unlikely to be traded or circulated for the next 4 years.”
It’s important to highlight that more than half of the overall supply of Floki’s sibling token, TOKEN, is allocated to FLOKI stakers. This arrangement allows stakers the potential to earn TOKEN rewards spanning a four-year period, offering an annual percentage yield (APY) that can reach up to 160%.
The TOKEN rewards are linked to TokenFi, a tokenization platform with ambitions in the tokenization industry.
Recently, FLOKI experienced a surge following a dispute between the Floki protocol and the Bitget crypto exchange teams. Both parties accused each other of market manipulation related to the token listing. These allegations emerged through social media posts from the Floki team and a blog post from Bitget.
Current Market Performance: As of the present moment, FLOKI is trading at $0.00003099, marking a 1.99% increase in the past 24 hours.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#CryptoMarket #Bitcoin #CryptoNews #FLOKIFI #FlokiInu

The crypto market's eyes are on Floki Inu (FLOKI) as it recently made a notable price move, sparking discussions about its October performance. This article delves into the factors contributing to FLOKI's potential rally, including insights from crypto influencer Crypto Tony. We'll also examine historical correlations with Dogecoin (DOGE) and analyze technical indicators to speculate on its future price targets.
FLOKI's Recent Surge and Market Attention
Between September 26 and 27, FLOKI experienced a price jump from $0.00001561 to $0.00001596, capturing the attention of crypto enthusiasts. While it has retraced slightly to $0.00001590, the crypto community is buzzing with anticipation of a strong October performance.
Crypto Tony's Insights and DOGE Correlation
Crypto Tony, a prominent NFT and crypto investor, believes that FLOKI's rally could be fueled by the potential price increase of Dogecoin (DOGE). Additionally, he points out that FLOKI is currently in a macro support zone, signaling the possibility of significant accumulation in this area. This insight draws parallels to DOGE's historical performance.
Examining FLOKI's Historical October Performance
In 2022, FLOKI did not have a stellar October; however, in 2021, shortly after its launch, it surged from $0.000068 to $0.0027 between October and November. Interestingly, DOGE also experienced a similar performance during the same period. Analyzing these historical trends can provide valuable insights into FLOKI's potential this October.
Technical Analysis and Potential Price Targets
Analyzing the daily chart, FLOKI has been trading within a tight range between $0.0000153 and $0.0000164, indicating a lack of liquidity. However, recent signs of an uptrend, with FLOKI moving from $0.0000155 to $0.0000158, suggest a potential shift. The Awesome Oscillator (AO) and Relative Strength Index (RSI) are also discussed as key indicators to watch for potential entry points and price targets.
Potential Future Scenarios
Considering the insights from Crypto Tony and technical indicators like the RSI, FLOKI's future scenarios are explored. If accumulation occurs as suggested at $0.0000158, the article speculates on the possibility of FLOKI hitting $0.000019 in the coming days. It also discusses the significance of RSI crossing specific zones in determining FLOKI's first target.
In Summary
Floki Inu (FLOKI) has grabbed the crypto market's attention with its recent price movement, prompting discussions about its October performance. Insights from Crypto Tony, historical correlations with DOGE, and technical indicators suggest potential future scenarios. However, readers are reminded to conduct their research and due diligence before making any investment decisions in the volatile crypto market.
#FlokiInu #Dogecoin #FLOKI #DOGE $FLOKI $DOGE #TechnicalAnalysis

Following a major breakout that started on August 7, the price of Floki Inu (FLOKI) is currently trading with a positive bias. The next day, Dogecoin (DOGE), #Shibainu (SHIB), #pepe coin (PEPE), and Bone ShibaSwap (BONE) all traded in the negative, the meme coin outperformed its counterparts in the meme coin community.

Price of #FlokiInu soars 29%

The price of #Floki Inu (FLOKI) increased by 29% throughout the course of the previous day before being rejected by the 50-day Exponential Moving Average (EMA) at $0.00002027. Yet, it is still 25% above its opening price from September 8, and momentum indications suggest further increases are imminent.

Notably, FLOKI was freed from a bearish chart pattern thanks to the move, as Floki Inu had been consolidating within a parallel descending channel. This technical pattern develops when the price consolidates between two parallel, falling trendlines while making lower highs and lower lows.

The 50-day EMA may be surpassed by increased purchasing activity, turning it into a possible support floor before rising towards the 100-day EMA at $0.00002354. A significant move upwards would open the door for FLOKI to pursue the psychological $0.00003000. This action would represent a surge of 30% over the 100-day EMA barrier.

The Relative Strength Index (RSI) rise shows that momentum is increasing. Also, it is far below the 70 level at 54, indicating that there is still opportunity for further gains. This is supported by the Awesome Oscillator's histogram bars, which are saturated in green and indicate that bulls are in charge.

The Floki Inu price, on the other hand, can decline if early profit-takers decide to sell, possibly losing the support provided by the pattern's upper border at $0.00001657. The worst-case scenario would be for the meme currency to continue to decline, breaking through the resistance provided by the chart pattern's lower and midline limits to set a new range low.

The "co-founder" claim of Floki is being utilised to promote numerous shitcoins.

It occurs as numerous shitcoins continue to be promoted using the Floki "co-founder narrative. According to the assessments, the project's strength is supported by its robust community.

Yet, the Floki ecosystem has acknowledged that neither a founder nor a co-founder of the network exists. According to the story that comes after, the network's executive was "PetabyteCapital". To put an end to the rumours, the network asserts that it is really a "community effort" with no prior history of any top executives.

According to the research, people frequently make up relationships with the network in order to "use the project's brand capital and success to build fake buzz to promote their schemes."

This attendance serves as a reminder of the importance of community members conducting their own research and approaching investment decisions from a well-informed perspective.

Floki Inu (FLOKI) is now available on the Binance.US trading platform, as announced by the cryptocurrency exchange. With this addition, #FLOKI has joined the company of famous meme-inspired cryptocurrencies such as #Dogecoin (DOGE) and #ShibaInu (SHIB).

The Floki Inu team shared the news on their official Twitter account, describing the listing as a "MASSIVE" achievement that validates their presence in the market and positions them alongside DOGE and SHIB in the "memecoin trilogy." The announcement has caused FLOKI to surge by 49%. Binance.US is the American subsidiary of Binance, which is recognized as the world's largest cryptocurrency exchange. The platform provides a secure and regulated trading environment for a range of cryptocurrencies, ensuring adherence to U.S. regulations.

#Binance US users can now deposit FLOKI onto the platform, and FLOKI/USD and FLOKI/USDT trading pairs are scheduled to commence on Apr. 25, 2023, at 5 a.m. PDT / 8 a.m. EDT. The addition of Floki Inu to Binance.US is likely to enhance the token's reputation and credibility among the cryptocurrency community. By being listed alongside Dogecoin and Shiba Inu on one of the world's most reputable exchanges, Floki Inu has taken a significant step forward in gaining recognition as a legitimate and noteworthy memecoin. Moreover, #FlokiInu can also be traded on several other leading exchanges.

Floki Inu (FLOKI) has experienced a remarkable 30% surge in price, securing a position in the top 100 cryptocurrencies by market capitalization.The introduction of TokenFi, a tokenization platform, has significantly contributed to this surge, attracting increased interest and trading volume.
Floki Inu’s Remarkable Ascent: The Catalysts and Implications
In a notable display of market resilience and potential, Floki Inu (FLOKI) has surged by 30%, claiming a prestigious spot amongst the top 100 cryptocurrencies by market capitalization. This performance is not just reflected in its price, which hit $0.00004012, but also in its trading volume and market capitalization, which witnessed a 101% and 26% increase, reaching $346,337,681 and $380,541,869 respectively.

TokenFi: A Game-Changer for Floki Inu
At the core of FLOKI’s impressive rally is the announcement of TokenFi, a revolutionary tokenization platform. Set to navigate the burgeoning industry projected to be worth over $16 trillion by 2030, TokenFi positions Floki Inu as a strong contender in the crypto space.
The community’s reaction was swift and positive, as investors rallied behind FLOKI, propelling its value to a peak not seen since May. Subsequently, FLOKI’s market position improved from the 97th to the 89th spot, showcasing a 115% growth within a week.
In comparison to other notable altcoins such as SUI, Terra Classic (LUNC), and DASH, FLOKI now stands taller, reflecting its newfound vigor in the market.
Binance’s Search Trends and FLOKI’s Trading Volume: A Symbiotic Relationship
Binance, one of the world’s leading cryptocurrency exchanges, has witnessed a surge in FLOKI searches, placing it fourth in terms of crypto search popularity. This increase in search volume is in sync with FLOKI’s trading activity, indicating a heightened investor interest and participation.
TokenFi’s Strategic Role in Floki Inu’s Ecosystem
TokenFi emerges as a strategic innovation, integral to Floki Inu’s quest for sustained relevance and competitiveness in the Web3 ecosystem. The Floki team has outlined a clear utility for FLOKI holders, offering them the opportunity to earn TOKEN through staking, once TOKEN becomes tradeable.
This strategic move places Floki Inu in direct competition with other altcoins such as Shiba Inu, which launched Shibarium in August, and BabyDoge, which introduced its Play-to-Earn game in March, highlighting Floki Inu’s ambition and strategic positioning in the crypto landscape.
⚠️Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#FlokiInu #Meme $FLOKI

Floki Inu (FLOKI), the popular meme coin, has been on a steady rise in the past few days both in price performance and general adoption. Exactly a week ago, crypto giant Binance added the cryptocurrency to the Metaverse and Gaming sections on its exchange. 

After a slow start, the price of $FLOKI seems to be finally leveraging the positive sentiment surrounding it.

FLOKI has registered a significant 25.9% price rise in the past seven days, having broken out of the consolidation zone earlier this week. The price of Floki Inu started moving sideways after falling almost vertically on June 10, losing more than 20% of its value in a single day.

It appears that the token might be gaining some momentum at the moment, albeit with only a 1% price increase in the last 24 hours. FLOKI is currently being held at a key resistance and would need to breach this threshold if it is to continue on its upward trajectory.

Moreover, it is worth noting that the daily Relative Strength Index, an indicator that tracks the balance between buying and selling pressure, has barely crossed the 50 mark. This indicates that a bullish run is still uncertain.

As of this writing, #FlokiInu changes hands for $0.00002687, with a 24-hour trading volume of more than $78.4 million. According to data from CoinGecko, the coin is currently 52% away from its 2023 high reached on February 17.

FLOKI INU Shares 2023 Roadmap Update 

On June 22, 2023, Floki Inu’s official Twitter account released a tweet giving an update on the ecosystem’s 2023 roadmap. It is a summary of some of the projects their developers have in the pipeline.

The first item on the roadmap update is a major upgrade for the FlokiFi Locker, a protocol for securing digital assets, such as Liquidity Pool (LP) tokens, NFTs, and fungible assets. This advancement, which is being touted as FlokiFi’s biggest upgrade yet, will integrate native payments, burn mechanisms, a referral program, and other functionalities.

Furthermore, the tweet mentioned a “major DeFi lending and borrowing integration”, which will allow users to collateralize their FLOKI tokens to borrow other cryptocurrencies from “the biggest lending protocol on the BNB chain”. Meanwhile, a staking program is being tested at the moment and will launch as soon as internal checks are over.

#FlokiInu (FLOKI) entered the crypto landscape with a wave of enthusiasm, riding on the coattails of the meme coin trend that gained momentum through the success of Dogecoin. Its charismatic #ShibaInu mascot and an active community on social media platforms quickly attracted a dedicated following. 

Floki Inu’s journey, however, has not been without its fair share of ups and downs.

As the crypto market is known for its volatility, the question arises: Can Floki Inu rally strong enough to regain its coveted spot among the top 100 cryptocurrencies?

Floki Inu Market Cap And Growth Analysis

Floki Inu (FLOKI), despite previously achieving a significant rally that propelled it into the top 100 cryptocurrencies by market capitalization, has recently lost its position among the elite. Currently, FLOKI holds the 121st spot with a market capitalization of $332,037,915.

Within the vast cryptocurrency market, #FLOKI is currently priced at a modest $0.00003367, as per CoinGecko. Over the past 24 hours, the token experienced a slight 2.8% increase. However, it managed to tally a decent 8.8% over the past seven days. The coin is down 6.7% in the last two weeks.

Despite being introduced in 2021, Floki Inu has not achieved the same extraordinary level of success as renowned meme coins such as Dogecoin (DOGE) and Shiba Inu (SHIB). However, it would be unjust to characterize FLOKI’s growth as disappointing. Since its launch, the token has experienced an impressive surge of 656.12%, illustrating its capacity for generating substantial returns.

Potential Catalysts For Floki Inu’s Re-entry To Top 100

A pivotal factor in Floki Inu’s quest to reclaim its position among the top 100 cryptocurrencies is the cultivation of a more robust and engaged community. By fostering active participation, encouraging community-driven initiatives, and maintaining transparency through regular updates on the project’s development, FLOKI can significantly enhance its appeal to investors and crypto enthusiasts.

Floki Inu also holds strong potential in the realm of non-fungible tokens (NFTs). Notably, the trade volume associated with FLOKI’s NFTs has achieved remarkable milestones, reaching millions of dollars. 

According to on-chain data, FLOKI’s total NFT volume surged to an impressive $16.25 million in April, illustrating the significant interest in non-fungible assets linked to the Floki Inu network.

To regain its standing, Floki Inu must prioritize the enhancement of its token’s utility and innovative capabilities. By actively developing real-world use cases and forging strategic partnerships with businesses and platforms, FLOKI can establish a more solid foundation for long-term growth. This focus on utility will not only attract more users but also contribute to the token’s broader adoption and increased market capitalization.

#FlokiInu (FLOKI) is taking a giant leap forward in the world of meme assets. In an exciting development, the team behind this dog-themed cryptocurrency has unveiled a groundbreaking announcement: users can now utilize Floki to make purchases on #AliExpress , a global e-commerce giant. 

This unprecedented integration with one of the world’s largest online retailers is set to revolutionize the way people perceive and interact with cryptocurrencies, catapulting Floki Inu to new heights of recognition and utility.

AliExpress is a Chinese-based online retail service operated by the Alibaba Group. It was established in 2010 and is comprised of small businesses in China and other locations, such as Singapore, that sell products to international online shoppers.

You can now purchase products on #AliExpress using $FLOKI through https://t.co/ee0PBRn2Nh!🔥

Buy from a selection of over 100 million items and enjoy shipping to over 200 countries.#FLOKI‘s ecosystem keeps growing!💪🏽 https://t.co/XEeOLamoQ9

— FLOKI (@RealFlokiInu) May 31, 2023

This milestone has been made possible through the integration of Shopping.io, a crypto-focused e-commerce protocol that opens doors for shoppers to utilize various digital currencies for transactions with major retailers. 

Among its extensive list of partner platforms are retail giants such as Walmart, Amazon, eBay, and Etsy, offering an unparalleled shopping experience powered by cryptocurrencies.

Shopping.io serves as a bridge between the realm of cryptocurrencies and mainstream e-commerce, revolutionizing the way digital assets are perceived and utilized in everyday transactions. 

By seamlessly integrating with popular online marketplaces, this crypto-focused e-commerce protocol provides a frictionless experience for users, making it possible to spend their cryptocurrencies effortlessly on goods and services. 

#FLOKI Price Impact

The recent announcement of AliExpress accepting Floki Inu as a form of payment has had minimal impact on the meme asset’s price. At the time of writing, Floki Inu was trading at $0.00003184, data from crypto market tracker CoinGecko shows, experiencing a marginal decrease of 0.3% from the time of the announcement and a slight increase of 1.1% over the last 24 hours.

Despite the partnership with the global online retail giant, market dynamics have resulted in modest price fluctuations for FLOKI.

Moreover, analysis has shown compelling insights into the financial positions of the meme coin earlier this week. The findings indicate that 78% of FLOKI owners are sitting on losses if they were to sell their assets at the current market prices.

In contrast, only 14% of FLOKI holders are currently in a profitable position, while 9% are breaking even. 

The marginal price changes observed in the wake of the AliExpress integration should be considered alongside the broader context of the meme asset market.

While short-term price fluctuations may not always reflect the long-term prospects of an asset, it is essential for investors to conduct thorough research and exercise diligence when making investment decisions.