Floki is a cryptocurrency that initially started as a meme-coin inspired by Elon Musk's Shiba Inu dog but has evolved into a fully-fledged web3 project that spans across decentralized finance (DeFi), NFTs, and the Metaverse. It operates on both the Ethereum and Binance Smart Chain (BSC) blockchains, making it an ERC-20 and BEP-20 compliant token. Floki has a 3% tax imposed on buying and selling the token, which is directed towards the Floki Inu treasury to develop the ecosystem further and increase its adoption. The project aims to educate the growing audience on crypto through its metaverse university while also establishing Floki as a payment alternative to traditional currencies and other cryptocurrencies. Despite its ambitions, Floki faces challenges in gaining widespread adoption on other DeFi platforms and NFT marketplaces. The total supply of FLOKI tokens is 10 trillion, and the community regularly votes to buy back and burn tokens to preserve the asset's value.
FLOKIUSDT
FLOKIUSDT
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Update.
(A) Breakout of symmetrical triangle and channel playing out.
(A) Breakout of symmetrical triangle and channel playing out.
Update.
(A) Cup and handle continuation pattern could be at play.