2021-9-13 11:22 |
There is another community-owned meme coin in town that is stealing the show and it is the Floki Inu (FLOKI) coin. In the last 24 hours, Floki Inu (FLOKI) registered a rise of 100% catching the attention of crypto investors interested in meme and community coins.
Following the increased demand, Invezz has produced the following brief article to help explain to the investors what Floki Inu (FLOKI) coin is and also assist them with the best places to buy it.
To find out more about this new coin, continue reading.
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What is Floki Inu (FLOKI)?Floki Inu (FLOKI) is a new doge community-owned coin that was birthed by the members and fans of the famous Shiba Inu community.
The coin is named after Elon Musk’s very own Shiba Inu called Floki Inu.
The coin is built to be hyper-deflationary by burning some of the coins in every transaction. It also offers rewards to its users by distributing coins collected as transaction fees.
Should I buy Floki Inu (FLOKI) today?If you are a fan of doge coins, then Floki Inu (FLOKI) coin offers a good investment opportunity especially since it has been on the rise since August 26.
It is however important to note that investing in cryptocurrencies is extremely risky because of their price volatility.
Floki Inu (FLOKI) price predictionIt is difficult to provide a decisive price prediction of the Gala (GALA) coin because it is a relatively new cryptocurrency with little price history and also because the cryptocurrency market is extremely volatile and large market swings can take place at any moment.
Nonetheless, Floki Inu (FLOKI) coin is expected to maintain its bullish trend for at least the remainder of 2021.
Floki Inu (FLOKI) social media reactionsFloki is one very cute and adorable puppy with an army of $FLOKI Vikings excited to welcome him!
Meme history will be forever changed. Forever rewritten!@elonmusk + Floki will make meme history FOREVER!https://t.co/OtRRIBk1pi
Who wants this bad boy?#FlokiNFTAvatar pic.twitter.com/c0Qtp4mIsY
— Floki Inu (@RealFlokiInu) September 12, 2021The post Floki Inu (FLOKI) registers a 100% upswing in 24 hours: here are the best places to buy it appeared first on Invezz.
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