If you've never heard of Floki, chances are you're not active on Twitter. Floki is a hot memecoin, and yet another crypto based on the Shiba Inu dog breed. With its huge following, Floki is looking to shake off the bad reputation of memecoins and has established an ambitious roadmap for serious use cases.
Floki Inu (FLOKI) started a little over a year ago. And in true memecoin tradition, it started with a dog. Elon Musk's dog, to be more precise. When Elon Musk announced that his new family dog, a Shiba Inu, was named Floki, an anonymous developer created the Floki Inu cryptocurrency.
After major flaws were discovered in the initial design of the project, it was revived by a larger group that had declared FLOKI “the cryptocurrency of the people”. The team's vision is to combine memes with utility, and they plan to create a self-sustaining, decentralized ecosystem with strategic partnerships.
At that time, Dogecoin and Shiba Inu were already widely adopted by the crypto community, and both DOGE and SHIB were taking advantage of the “Elon Musk effect”. Floki was also able to ride Elon Musk's wave and gain followers in a short time.
Floki also bought various advertisements on the London Underground, on 300 London buses and on Amsterdam trams. Floki's rise has not gone unnoticed and has been featured in many international newspapers and on many TV channels like CNN and Discovery.
Floki's FLOKI token has a maximum supply of 10,000,000,000,000 (10 trillion) cryptos. It is both an ERC-20 token on Ethereum and a BEP-20 token on Binance Smart Chain. Although this cryptocurrency is meme-based, FLOKI envisions all sorts of use cases and has a broad roadmap.
