Is Floki Inu the next DogeCoin?
Sophia Cruz • 2 min read
This has been a year of exciting trends, from the rising network of DeFi, through unstoppable NFT GameFi, to trending meme coins, including DogeCoin and Shiba Inu coin. Inspired by Elon Musk’s own Shiba Inu puppy, whose name is Floki, fans and members of the Shiba Inu community have generated a new crypto coin named Floki Inu.
The developers of Floki Inu coin are proud to declare that it is the only crypto project that integrates with Kimbal Musk’s Million Gardens Movement, (Kimbal Musk is Elon Musk’s brother) which tackles food insecurity worldwide. This new meme coin has already been circulating for three months, and it has already grown already by 2,000 percent. With a starting price of $0.000004, it reached an ATH of $0.000075 in the first days of October. As expected, when Elon Musk tweeted a photo of his puppy, captioned “Floki Frunkpuppy,” the price of Floki Inu coin surged, garnering massive support.
Floki Inu claims that it is not just an ordinary meme coin, and it intends to become a top 10 crypto project, with concrete plans to support its crypto evolution. It is currently working on three outlines: FlokiPlaces, Valhalla and Floki Inuversity. FlokiPlaces is a marketplace for NFTs and merchandise, while Floki Inuversity focuses more on content and educational projects. Valhalla, on the other hand, is its own play-to-earn NFT gaming metaverse, where Floki Inu will be utilized.
Pushing Floki to the mainstream
The Floki Inu team also reinforces the use of the meme coin as a payment method; they have partnered with CryptoCart and XCUR, allowing Floki holders to buy from 1,700 merchants. Its marketing team is also doing its part in introducing the Floki Inu coin to the mainstream media, from exposure to London’s underground transport network to billboard busses in downtown LA. Floki Inu is currently available on Gate.io and in decentralized exchanges, like PancakeSwap and UniSwap. Many believe that CoinBase listings could help push the price of this coin as high as $1. With its promising programs and support from the SpaceX founder, this coin has strong potential for the future.