š±šFloki's New Token Outperforms Dogecoin and Shiba Inu by 10%
Floki's new venture TokenFi (CRYPTO:TOKEN) has recorded a 10% increase in value in the last 24 hours, surpassing the best meme-based cryptocurrencies such as Dogecoin (CRYPTO:DOGE) and Shiba Inu (CRYPTO: SHIB).
What Happened: Floki's main participant, B Da Viking, told X: "When many people hear about FLOKI, the DOGE, SHIB, etc. like 'memecoin' thinks. Floki is more than a memecoin: it is a DeFi powerhouse among other things! FlokiFi Locker, one of Floki's protocols, has reached $107 MILLION TVL (Total Value Locked) ATH (All-Time High Value)! This is not an easy feat at all! This success is even more important because every successful FlokiFi Locker transaction buys and burns FLOKI tokens, which benefits him and makes him deflationary."
When many people hear about $FLOKI, $DOGE, $SHIB, etc. as if he thinks "#memecoin".
In fact, #floki is more than a memecoin: it is a DeFi powerhouse, among other features!
One of the protocols of #Floki, the #FlokiFi Locker, has reached $ 107 MILLION TVL ATH!
This is not a bad achievement at all!
- B (Da Viking) (@100bviking) November 28, 2023
At the time of writing, the TOKEN was trading at $0.027. SHIB is up 4% and DOGE is up 5.16% in the last 24 hours, DOGE said.
FlokiFi Locker, a protocol in the Floki ecosystem, implemented FLOKI as the primary utility token. It provides a service platform where users can lock liquidity provider (LP) tokens, various exchangeable tokens and even non-multiple tokens (NFTs).
See more: IntoTheBlock Data Revealed: Dogecoin HODLERS Outperform Shiba Inu By Making 57% Profit
Why It Matters: Last week, the pseudonymous analyst Kaleo also turned his attention to another meme coin. The analyst said that a possible bullish scenario could occur if the FLOKI successfully crosses the cross resistance around $ 0.00004.
