Key Points
- Floki (FLOKI) recorded an impressive surge in price of over 17% today.
- FLOKI is trending on X, alongside GME, ACM and Roaring Kitty and it’s live on Revolut Business.
Floki (FLOKI) saw a significant price rise of over 17% today on CoinMarketCap. The current market cap of the token is now $2.1 billion.
The team behind the project announced on their X account that FLOKI is trending alongside GME, ACM and Roaring Kitty. The trend is fueled by the ongoing hype surrounding meme stocks such as GME and AMC.
Roaring Kitty trading legend is back on X, after a break of three years. Keith Gill, also known as Roaring Kitty, was previously popular for running a Reddit account that was at the center of GameStop’s short squeeze in 2021. His return fueled a huge meme stock craze.
They also noted that Floki has always embraced the meme culture, and the project managed to position itself as one of the leading memecoins in the crypto industry.
#FLOKI is trending on X alongside $GME, $AMC, and #RoaringKitty!
This trend is fueled by the ongoing hype surrounding meme stocks like GME and AMC.
Floki has always embraced meme culture, positioning itself as one of the leading #memecoins in the crypto industry. pic.twitter.com/4lWmPXrVwJ
— FLOKI (@RealFlokiInu) May 15, 2024
Also, Floki is now live on Revolut Business. The team announced in a post on X, that Revolut is the biggest neobank and retail trading app in Europe with over 40 million users in more than 150 countries.
The Revolut Business listing makes it easy for businesses across Europe to buy the coin. This will also accelerate the vision of Floki of becoming the world’s most popular and most used crypto, according to the team.
#FLOKI IS NOW LIVE ON REVOLUT BUSINESS!
Revolut is the biggest neobank and retail trading app in Europe, with 40 million+ users in 150+ countries.
The Revolut Business listing makes it easy for businesses across Europe to buy $FLOKI and will accelerate Floki's vision of… pic.twitter.com/FD9tcO6WFi
— FLOKI (@RealFlokiInu) May 15, 2024
What is FLOKI?
Floki (FLOKI) is the people’s crypto and the utility token of the Floki Ecosystem, according to the team behind the project. This is a coin that has been created by fans and members of the Shiba Inu (SHIB) community and it is inspired by Elon Musk’s Shiba Inu dog named Floki.
The community of the coin calls itself the Floki Vikings and this is in honor of Musk’s dog which was named after a Viking character.
Floki wants to set itself apart from other meme coins by combining the memes with utility.
The team’s vision is to create an autonomous and decentralized ecosystem, including strategic partnerships, building utility on the token itself, and developing use cases for the Floki brand through NFTs, games, and decentralized finance features.
Its main flagship product is the NFT gaming metaverse called Valhalla.
