The Floki MemeFi project continues to break through ceilings. $FLOKI entered the top 100 cryptocurrencies while achieving a $500 million market cap.
FlokiFi Locker TVL Hits $17M
Floki! The Viking community is celebrating like they’ve already reached Valhalla, as the market cap of $FLOKI surged past $500 million and propelled the MemeFi token into the top 100 largest cryptocurrencies, according to CoinGecko.
Floki has been riding a wave of popularity from the emergence of its Valhalla Metaverse GameFi project, adoption of its FlokiFi Locker protocol, decisions made to burn $FLOKI bridge tokens and reduce the memecoin’s transaction tax, plus short-term catalysts such as the token’s listing by major Centralized Exchange Kucoin.
As of writing, Floki’s market cap on CoinMarketCap also would place it among the top 100 tokens, but the website rankings had not been updated to reflect that.
In the meantime, Floki’s Decentralized Finance (DeFi) protocol FlokiFi Locker just surpassed $17 million in Total Value Locked. Operating on 12 blockchains, the liquidity locker has increased its TVL significantly in February, as it passed the $10 million mark at the beginning of the month.
What is Floki:
Floki Inu began with a tweet from Elon Musk. When the billionaire announced he would name his Shiba Inu puppy Floki, it created a deluge of ‘Floki’ dogcoins. The most successful of these is Floki Inu. Floki Inu is currently the third most popular meme token on the market, behind Dogecoin and Shiba Inu. It is backed by a community of committed enthusiasts and a strong marketing campaign.
Where to find Floki:
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