Meme coins are a people’s movement, this time leading with a coin named after Elon Musk’s very own dog.
A dog that as soon as gained reputation as a meme with broken English has since advanced into an entire movement for the people. While many consider these currencies for their innovation and investment opportunities, technology is only really accurate if it makes life simpler and contributes to making the world a better place. By using the popularity of memes, along with actual utility and charitability, comes power and probability to these once considered the underdogs. As a result, the dog pack is running full steam ahead, with what might be a new leader.
Branded as a “movement token,” FLOKI goals to do so whilst being the world’s most acknowledged and used cryptocurrency. FLOKI used to be born from a tweet from Elon Musk himself, the place he shares, “My Shiba Inu will be named Floki.” It used to be solely months after this announcement that Elon Musk purchased a Shiba Inu and, in fact, named it FLOKI. Following this announcement, FLOKI shot up over a hundred percent and has maintained a very robust ground ever since. Like Dogecoin (DOGE)
and Shiba Inu (SHIB), Elon is taking part in a giant role in the recent coin pump, a function that doesn’t seem to be slowing down anytime soon.
While many other tokens have tried to ride the wave following the announcement of Elon Musk’s new dog, Floki used to be the first to launch after his initial tweet. In the final two months, FLOKI has skyrocketed by over 1,400%, now sitting at about 2.5 billion in market cap, 1/50 the size of DOGE. As a member from their team shares,
“With over $1,500,000 dedicated to advertising and marketing each month, FLOKI ambitiously strives to brand itself so that it is synonymous to the everyday investor, with Bitcoin (BTC), Ethereum (ETH) and Dogecoin. In addition, Floki Inu seeks to hold value with the aid of bringing one of the first meme tokens to truly include real utility, more often than not through its NFT Metaverse that will be run on the Floki Inu token.”
Where it compares
Metaverses have won popularity with games like Axie Infinity (AXS) reporting over $700,000,000 in income this 12 months so far. As only one example of this developing future, FLOKI has appeared to Valhalla for the coin’s utility. Valhalla, an NFT gaming metaverse, creates a world where humans who would possibly in no way have gotten the risk to study about cryptocurrency and blockchain technology whilst earning. The metaverse will characteristic on-chain interactions and upgradable NFTs, with the potential to disrupt the gaming enterprise as a whole.
With the recognition of the unemployment difficulty worldwide, the FLOKI P2E NFT sport wishes to resolve this problem via helping many people make a residing via play-to-earn (P2E) gaming. The sport starts with a participant coming of age when the Viking way of existence begins. Players will begin their ride on Floki Island, home to all the commencing players, a couple of NPCs, and major buildings.
The only catch, the user’s home, Floki Island, is being overrun through Vera, short for “vera til,” an upgradable creature located in the world of Valhalla. By buying them or taking pictures them, gamers can use them in the game’s turn-based combating system.
Floki Inu makes use of a sequence of targeted and somewhat aggressive advertising campaigns to preserve the momentum moving. In fact, Floki has already reduced in size to spend their $1,500,000 finances for advertising in a number of major metropolitan areas. This contract includes classified ads in the London Underground, over 300 London buses and 329 locations in the Heathrow International Airport, which the group has described as a “full-out assault on the city.” Additionally, the two-time heavyweight champ boxer Tyson Fury has additionally joined the Floki Viking Family. The intent is that this mixture of activities, alongside with FLOKI getting listed on high-level exchanges and onboarding a variety of A-list influencers, will help the mission to proceed in its community-led cryptocurrency revolution.
To similarly iterate its community-minded emphasis, Floki Inu has partnered with The Million Gardens Movement, a Kimbal Musk initiative to provide energy back to the neighborhood to choose, grow, prepare, and eat healthful meals and work alongside Shopping.io to add to the project’s utility. In turn, this motion resulted in hitting a new 24-hour quantity record on the Shopping.io platform. The group has additionally announced two extra fundamental desires they purpose to reap in the subsequent year, the launch of Floki Radio and FlokiPlaces, a tangible objects marketplace and Inuversity, a crypto educational platform.
With a neighborhood that loves and lives for the memes, the team believes that the solely way to without a doubt take cryptocurrency mainstream is thru their appeal. That’s why the people’s foreign money makes experience that it is a meme at heart.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.