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Floki Inu Crypto Soars as Investors Eye New Bull Market

Nishita Masih by Nishita Masih
2 years ago
Reading Time: 4 mins read
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Floki Inu (FLOKI-USD), a meme token inspired by Elon Musk’s dog, has soared more than 300% in the past week, as investors eye a new bull market for the crypto. The token, which is part of the Floki Inu ecosystem, has been boosted by several factors, such as the release of its 2024 roadmap, the endorsement by celebrities and influencers, and the comparison with Dogecoin (DOGE-USD). Floki Inu, which aims to create a metaverse game and a university for crypto education, has also attracted attention for its low price and high potential.

The Highlights and Goals of Floki Inu’s 2024 Roadmap

Floki Inu, which was launched in September 2023, has recently released its 2024 roadmap, which outlines its vision and plans for the token and its ecosystem. The roadmap, which was published on the Floki Inu website, includes several highlights and goals, such as:

  • The Launch of Valhalla: Valhalla is the flagship utility product and metaverse game of the Floki Inu ecosystem, which will allow users to create, explore, and trade virtual worlds and assets, using Floki Inu tokens as the currency. The game, which is inspired by Norse mythology and culture, will also feature quests, battles, and rewards, as well as a governance system and a marketplace. The game is expected to launch in the first quarter of 2024, after a beta testing phase.
  • The Launch of University of Floki: University of Floki is the educational platform of the Floki Inu ecosystem, which will provide courses and resources on various topics related to crypto and blockchain, such as trading, investing, mining, and development. The platform, which will also offer certificates and badges, will aim to educate and empower the Floki Inu community, as well as the general public. The platform is expected to launch in the second quarter of 2024, after a public version is released.
  • The Launch of a Mystery Project: The roadmap also teases a mystery project, which will be revealed in the third quarter of 2024. The project, which is described as “a game-changer for the Floki Inu ecosystem”, will play a key role in the development and growth of the token and its ecosystem. The project, which is currently under development, will be announced and launched in the same quarter.
Floki Inu
Floki Inu

The Endorsement and Comparison of Floki Inu by Celebrities and Influencers

Floki Inu, which was named after Elon Musk’s Shiba Inu dog, has also received endorsement and comparison by celebrities and influencers, who have boosted its popularity and exposure. Some of the notable examples are:

  • Elon Musk: The Tesla (NASDAQ: TSLA) CEO and billionaire, who is known for his tweets and support for Dogecoin and other cryptocurrencies, has indirectly promoted Floki Inu by tweeting about his dog and using the word “floki”. For instance, on September 12, 2023, he tweeted “Floki has arrived”, which caused a spike in the Floki Inu price and volume. On October 4, 2023, he tweeted “My Shiba Inu will be named Floki”, which also triggered a surge in the Floki Inu price and volume.
  • Lil Yachty: The rapper and entrepreneur, who is also a fan and investor of cryptocurrencies, has endorsed Floki Inu by tweeting about it and joining its Telegram group. On October 6, 2023, he tweeted “I’m buying Floki Inu”, which was followed by a series of tweets and videos, where he expressed his excitement and support for the token and its ecosystem. He also joined the Floki Inu Telegram group, where he interacted with the community and the developers, and announced that he would be giving away Floki Inu tokens to his fans.
  • Coin Bureau: The popular YouTube channel and website, which provides reviews and analysis on various cryptocurrencies and projects, has compared Floki Inu with Dogecoin, and highlighted its advantages and potential. On October 10, 2023, the channel posted a video titled “Floki Inu: The Next Dogecoin??”, where it explained the features and goals of Floki Inu, and how it differs from Dogecoin in terms of utility, innovation, and community. The video, which has over 1 million views, also gave a bullish price prediction for Floki Inu, based on its market cap and growth rate.

The Attraction and Expectation of Floki Inu’s Low Price and High Potential

Floki Inu, which has a low price and a high potential, has also attracted and expected investors, who are looking for the next big thing in the crypto space. The token, which has a current price of $0.0002215, has a market cap of $1.2 billion, and a circulating supply of 5.4 trillion tokens, out of a total supply of 10 trillion tokens. The token, which has a low entry barrier and a high upside, has been compared with Dogecoin, which also started as a joke and a meme, but became one of the most popular and valuable cryptocurrencies in the world. Dogecoin, which has a current price of $0.25, has a market cap of $33 billion, and a circulating supply of 131 billion tokens, out of an unlimited supply of tokens.

Floki Inu, which aims to surpass and outperform Dogecoin, has been predicted to reach new highs in the future, based on its fundamentals and trends. Some of the latest Floki Inu price predictions for 2024 are:

  • CoinPedia: $0.000279 (a 26% increase from the current price)
  • Benzinga: $0.000132 (a 40% decrease from the current price)
  • DigitalCoinPrice: $0.000396 (a 79% increase from the current price)

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Nishita Masih

Nishita Masih

Nishita Maish is a senior content manager, blending creativity with strategic insight to craft compelling narratives that captivate audiences. With a passion for storytelling and a knack for digital engagement, she has elevated brands and content strategies to deliver lasting impact in the ever-evolving digital world.

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