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On Friday, November 12, one of the top 15 centralized crypto exchanges (by transaction volume) listed the popular dog meme cryptocurrency Floki Inu ($ FLOKI).
What is $ FLOKI?
The idea to create this cryptocurrency arose on June 25 after Dogecoin lawyer ($ DOGE) Elon Musk tweeted that his dog Shiba Inu’s name would be “Floki”.
My Shiba Inu will be called Floki
– Elon Musk (@elonmusk) June 25, 2021
Until recently, you could only buy on $ FLOKI on very few centralized exchanges (like Gate.io). As for decentralized exchanges, you can buy it on Uniswap and PancakeSwap as it “has both an ERC 20 token and a BEP20 token”.
FLOKI has both an ERC 20 token and a BEP20 token. It can be purchased on Uniswap DEX and on PancakeSwap.
The Floki Inu team reports that some of the projects that will use the $ FLOKI token are as follows:
Valhalla: “An NFT Play-To-Earn game metaverse currently being developed by the FLOKI team. Our goal with Valhalla is to get many people who might not have heard of crypto explore cryptocurrency and blockchain technology through an NFT game – and get paid for doing so. . vibrant. We also look forward to a world where people can easily buy physical goods with cryptocurrency. FlokiPlaces aims to fill this gap by making it easy for people to trade NFTs and physical goods while paying with cryptocurrency – with the FLOKI token as the basic payment option. exposed to cryptocurrency and blockchain in one form or another. To achieve this, we believe that educating people about blockchain technology is a practical mission. Floki Inuversity will be the premier cryptocurrency educational platform. Its goal is to educate the general public that FLOKI appeals to and familiarize them with cryptocurrency and blockchain technology. “$ FLOKI is listed on BitMart
BitMart is a centralized cash exchange that claims to have offices in New York, Singapore, Seoul, and Hong Kong, and has served more than five million users in 13 countries.
On November 8, the BitMart team announced that it will list $ FLOKI on November 12, when the FLOKI / USDT trading pair becomes available.
🥳 #BitMart will list FLOKI. Floki Inu is a new cryptocurrency by fans of the Shiba Inu community. Floki Inu owes its name to Elon Musk’s Shiba Inu.
🔹Deposit is available at 11:00 a.m. on November 11 EST🔹FLOKI / USDT starts trading at 11:00 a.m. on November 12 EST
👉Details https://t.co/ODcfdQ5rsp pic.twitter.com/Ds5umcXbqG
– BitMart.Exchange (@BitMartExchange) November 9, 2021
The exchange pointed out that “FLOKI transaction fees charge an additional 3% fee on top of BitMart deposit fees and withdrawal fees.”
Interestingly, a day earlier (i.e. November 7th), the African crypto exchange DafriXchange Pro tweeted that it would start trading five FLOKI trading pairs on November 8th.
Earlier today, BitMart announced that on November 15, it will host an Ask Me Anything (AMA) live session where they will meet with community manager Floki Inu.
Additionally, BitMart said it will list $ FLOKI competitor Lil Floki ($ LIKFLOKI), which is powered by Binance Smart Chain (BSC).
On November 9, TechCrunch reported that, according to two sources familiar with the matter, BiMart is “in talks to raise approximately $ 20 million at a pre-monetary valuation of $ 300 million.”
Disclaimer
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading crypto-assets carries a risk of financial loss.
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