Floki currency is taking the Dutch market by storm, accounting for a whopping 46.9% of all volume on top exchange Litebit. Learn more about what sets the Floki token apart from other cryptocurrencies.
Within the cryptocurrency market, we see many tokens rise and fall. It is no surprise that new coins are constantly emerging, making it hard to keep up with which ones to invest in. Recently, a relatively new player has entered the game and is already making a significant impact. We’re talking about the meme coin, Floki, which has been dominating the Dutch market in recent week.
With 46.9% of the total trading volume on the Litebit exchange, the $FLOKI token has become the most traded asset in the Netherlands. This volume surpasses even the most popular cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, Shiba Inu, Binance Coin, and Cardano combined. This is an impressive feat for a relatively new cryptocurrency.
What is Floki Token?
So, what is Floki, and how is it different from other cryptocurrencies? Shiba Floki is a meme coin token that was launched on the Binance Smart Chain in early June 2021. The token has gained popularity in the crypto community due to its unique marketing strategy and growing user base. However, unlike other ‘meme coins,’ Floki has some fundamental differences that set it apart from the rest.
One key difference is that the Floki token has a real-world use case. The developers behind Floki are working on an NFT game called Valhalla that aims to tap into the trillion-dollar industry of the metaverse. The game will use Floki as its primary in-game currency, providing a legitimate use for the token. This is a refreshing change from other cryptocurrencies that are created purely for speculation or gambling purposes.
Another significant factor in Floki’s success is its strong community. The Floki community is highly engaged, with thousands of members actively discussing the token and its potential. Additionally, despite the currency not being listed on Binance and Coinbase, the token holds considerable trading volume against other currencies.
You can follow the updates by visiting their Twitter Page. It’s free.
Final Thoughts
It’s clear that Shiba Floki is making waves in the Dutch market. We’ve seen numerous meme coins come and go, but I think only the ones that establish a good use case can stand the test of time. Whether it’s by a great DeFi protocol, establishing a great product, or GameFi – meme coins can’t be sustainable without a proper use case.
As the cryptocurrency market continues to evolve, it will be interesting to see how Floki develops and what the future holds for this dog-themed token in the market.
Edmond is a passionate writer for Video games, GameFi and Web3. He has worked for top GameFi companies and video game/crypto news websites.
