Floki (FLOKI) is a meme-inspired cryptocurrency that has grown into a robust Web3 ecosystem. Launched in 2021, it operates on Ethereum and Binance Smart Chain, offering decentralized finance (DeFi), NFTs, and educational tools. This guide explores Floki's origins, tokenomics, price history, and trading strategies.
Who Created Floki?
Floki emerged after Elon Musk tweeted about naming his Shiba Inu "Floki" in June 2021. An anonymous team initially developed the token, but after their departure, crypto influencers like Sabre and Mr. Brown Whale took over. Under their leadership, Floki shifted to a community-driven model with decentralized governance, fostering transparency and inclusivity.
Floki’s Price History
All-Time High Price
Floki peaked at $0.0003462 on June 5, 2024, fueled by meme coin hype and social media traction.
All-Time Low Price
Its lowest price was $0.0000000072, recorded on August 9, 2021, during early market volatility.
Floki Tokenomics: Supply and Utility
Key Metrics:
- Total Supply: Capped at 10 trillion FLOKI.
- Circulating Supply: ~9.62 trillion (April 2025).
- Transaction Tax: 0.3% fee on buys/sells funds ecosystem growth.
- Deflationary Measures: Regular token burns via FlokiFi locker services and prepaid card fees.
Cross-Chain Functionality:
FLOKI bridges Ethereum and Binance Smart Chain (BSC), enabling seamless transfers between networks. This interoperability boosts accessibility for users across DeFi platforms.
How to Trade Floki (FLOKI)
👉 Ready to trade FLOKI? Start with a secure platform
- Sign Up: Register on Flipster’s website or mobile app.
- Navigate to Trade: Select the [Trade] tab.
- Search FLOKI: Locate the FLOKI trading pair.
- Set Leverage: Choose up to 20x leverage.
- Order Type: Opt for Trigger or Market Order.
- Enter Amount: Specify trade size or percentage of funds.
- Execute Trade: Click [Long] or [Short] to open your position.
_Note_: Leverage amplifies both gains and losses—trade responsibly.
FAQs About Floki (FLOKI)
What makes Floki different from other meme coins?
Floki combines meme appeal with real-world utility, offering DeFi tools, NFTs, and educational resources, unlike purely speculative tokens.
Is Floki a good investment?
While FLOKI has shown growth, its volatility requires careful risk assessment. Diversify investments and research market trends.
Where can I store FLOKI tokens?
Use wallets like MetaMask (ERC-20) or Trust Wallet (BEP-20), ensuring compatibility with Ethereum or BSC networks.
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_Disclaimer_: Cryptocurrency trading involves risk. This content is informational and not financial advice. Conduct independent research before investing.