What is the standout FLOKI after SHIB known as DOGE Killer, how did you get it?

One of the units leading to the ceiling in crypto supply in 2021 was undoubtedly DOGE. The cryptocurrency, which received the support of Elon Musk, set the trend of the market and made many investors lose, as well as many investors. As such – on the surface – many cryptocurrencies similar to DOGE have emerged, but very few have survived. Shiba Inu and beyond Floki Inu there were two.

Although the premise of these DOGE-like cryptocurrencies is speculative and aimed at the “meme culture” on the Internet, with the projects implemented later they can even reach very serious dimensions. Floki Inu also initially started out as one of the basic joke coins, but as he kept up with the Web 3.0 buzz that followed, things got serious and FLOKI suddenly “People’s Cryptocurrency” became known as

What is Floki Inu and FLOKI?

Floki Inu is a blockchain project that was first developed in 2021, while FLOKI is the cryptocurrency of this project that is also traded on cryptocurrency exchanges. The development team during the restructuring of the project To continue on the road named Floki has decided.

After this change, Floki got its own blockchain infrastructure and was mainly used in philanthropy based projects. One such example is the Million Gardens Movement, which is supported by Kimbal Musk, Elon Musk’s chef brother. With projects like this that aim to provide food to regions and people who have difficulty accessing food, Floki has shed its “hyped joke money on Twitter” image in the eyes of investors who follow closely.part of social movements began to be seen as

In addition, the project’s cryptocurrency, FLOKI, is compatible with both ERC-20 and BEP-20 technologies. tradable on both Ethereum and Binance Smart Chain It is one of the rare cryptocurrencies. In other words, it can easily bridge two different chains, giving investors a chance to protect their income or make a profit.

They also collaborated with Fenerbahçe football A team for a while:

From sports clubs investing in cryptocurrency and blockchain-based community projects FenerbahceIn the 2021 season, the Floki logo was included on the shirts worn by the A team. This collaboration, which was entered into to raise awareness, was canceled in the 2022-2023 season. However, during Floki’s restructuring process, he made an important contribution to making his name heard in our country. Also, similar to Fenerbahce, the German Bundesliga team Bayern 04 Leverkusen An agreement has also been signed with

The team behind the Floki project:

Like almost every other meme culture cryptocurrency, the team that developed Floki maintains its anonymity. Members of the team on the web page announcing the project’s renowned collaborations. Mr. Brown Whale, The Viking, Jackie Xu, Sabre And Lintern described by nicknames. Of course, this anonymity is acceptable to some extent as it is generally preferred among cryptocurrency projects.

Floki’s other projects and philosophy:

• Valhalla: Metaverse-focused game that can be monetized using Floki
• FlokiFi: Floki-based decentralized finance platform
• FlokiPlaces: NFT marketplace
• University of Floki: Crypto-focused Online Education Platform

These projects in the Floki ecosystem have been implemented in a way that will serve the purposes of benefit and philanthropy after restructuring. Floki’s too By accelerating adaptation to Web 3.0 trends enabled it to stand on firmer foundations.

Floki’s pros and cons:

• Multiple blockchain support (Ethereum and Binance Smart Chain),
• Not a standard cryptocurrency project, but with projects that will increase its value,
• Signing agreements with reputable companies or other projects that will increase the ecosystem,
• It claims to support philanthropic initiatives.

Disadvantages of Floki:

• 3% commission for transfers between Ethereum and Binance Smart Chain,
• Being open to the intervention of Elon Musk and similar speculators,
• The circulating supply is high and therefore the price per unit can therefore remain low,
• Very little usable space outside of native ecosystem, not yet accepted in larger De-Fi environments,
• His team is completely anonymous, which makes it difficult to identify those responsible if something goes wrong with the project.

Similarities Between Floki and Shiba Inu and DOGE:

• All 3 cryptocurrencies were popularized by Elon Musk, but later they took different paths and structures
• The strategy of acting with community logic applies to these 3 units, as it does to all prank-oriented projects.
• Cryptocurrency inventories of all 3 projects are extremely high and therefore unit prices are consistently low. This makes them accessible to small investors.

Differences between Floki and Shiba Inu and DOGE:

• As of February 2023, DOGE has a market cap of $11.3 billion, Shiba Inu $7.3 billion and Floki just $459 million. This shows that Floki has not yet grown as much as other projects it focuses on.
• Of these 3 units, only Shiba Inu has a second blockchain project
• Not only are the developers of DOGE anonymous, the developers of Shiba and Floki also keep their identities secret.
• Only Shiba Inu has its own exchange (Shibaswap)

How do I buy Floki (FLOKI)?

• Step 1: Go to the Poloniex exchange and open an account,
  • Perform authentication steps (KYC) for your security,
• Step 2: Transfer balance to your account in any currency from other exchanges,
• Step 3: If this currency is not in dollars, convert it to dollars,
• Step 4: Go to the Markets section and look for Floki,
• Step #5: You can buy any amount of Floki you want.

Floki, whose market value is approaching $500 million, appears to be one of the stars of the next bull process likely to unfold in the crypto money markets. As you know, we have seen projects such as DOGE and Shiba that allow investors to earn high income in the short term. Floki, on the other hand, has a structure where it gets serious after this period and adopts Web 3.0. Considering that the projects applying Web 3.0 technologies will come to the fore in the coming period, this seems to be a very serious advantage.

This content has been prepared for informational purposes only and does not constitute investment advice.