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Floki Inu (FLOKI) has been making headlines as it sets its sights on a monumental milestone: reaching a $1 billion market capitalization. However, amidst the excitement surrounding Floki Inu, another innovative altcoin is also grabbing the attention of investors during its presale phase. Let's see what this new altcoin is all about and how it stands out from the rest of its competitors.
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Elon Musk, the famous CEO of Tesla, tweeted in June 2021 about his new Shiba Inu puppy, which he planned to name ‘Floki.’ This seemingly random tweet sparked a movement in the crypto world, leading to the birth of a new meme currency: Floki Inu (FLOKI).
Initially, people thought of Floki Inu as just another dog-themed joke coin, similar to Dogecoin (DOGE), but Floki Inu soon showed that it was more than just a meme — it had substance behind the silliness.
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When you buy or sell Floki Inu, a 3% fee is applied, similar to a sales tax in a retail store. This ‘tax’ money goes into the Floki Inu treasury — like a communal piggy bank — that's used to grow the Floki Inu project and get more people to use FLOKI.
Floki Inu also offers its own digital universe game called Valhalla, named after the heavenly hall where heroic Vikings are believed to go after death in Norse mythology. It's a ‘play-to-earn’ game, where the more you participate, the more rewards you earn.
All of this combines to make Floki Inu more than just a meme project, and investors are taking notice. Floki Inu (FLOKI) started the year trading for $0.0000079209 but has grown 355% to a current price of $0.0000360251.
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