Floki Inu is one of the dog-themed tokens that emerged in 2021 amid a massive “Doge rally”. It refers to itself as the “people’s cryptocurrency”, a “movement” rather than a meme coin, and says the project is more serious than its famous predecessor, Shiba Inu.

Like some of the other tokens of this kind, FLOKI says it’s up to replace DOGE and SHIB as the most popular meme cryptocurrencies. Is there a chance Floki Inu makes this reality? Let’s evaluate the token and see what predictions there are.

What Is Floki Inu (FLOKI)?

Besides being a token, FLOKI is a movement that combines charity, real-world utility, and meme culture. By doing so, the project aims to give power to the people “instead of venture capitalists and hedge funds.” The cryptocurrency emerged in June after a tweet in which Elon Musk said that he got a puppy named Floki.

The Floki’s plans to dethrone Shiba Inu may have some personal roots — the FLOKI team members previously worked for the SHIB protocol. Besides this idea, there’s some real work going on — the token’s community participates in a number of serious initiatives.

One of such activities was partnering with the Million Gardens Movement — a community affiliated with Elon Musk’s brother Kimbal. The goal of Floki fans was to help people maintain a healthier lifestyle by learning how to plant and harvest their own food. As a result, the token is the only crypto accepted by this charity organization right now.

Just like Shina Inu, Floki is developing an ecosystem that comprises a metaverse, NFTs, DeFi opportunities, and an educational portal. The FLOKI token is the native asset and the backbone of the system. As the project team believes, a cryptocurrency can’t survive without making the world better — so the Floki embarks on activities like building schools in third-world countries and so on.

Floki Inu Team

Unlike in many meme coins, FLOKI team is not entirely anonymous — some of the members are listed on the official website. The token was created by a number of influencers and contributors. Some of the contributors are listed along with the team. There is also the Hall of Fame that lists team members that helped Floki develop but are not active at the moment. Currently, the project is run by 11 developers, and it’s actively hiring.

What is the Floki Inu Roadmap?

As any organization that works with charity, Floki Inu is quite open on its activities, the current and the future ones. Let’s take a look at its roadmap.

In the first 7 months of existence, Floki Inu was launched on Ethereum and Binance Smart Chains, went through smart contract audits, opened a cross-chain bridge for ETH-BSC token swaps, and partnered with ChangeNOW, Chainlink, and many other prominent projects. Floki Inu boasts 400,000 “proud FLOKI holders” and almost 300,000 followers on Twitter. This decentralized community is called Floki Vikings.

As for the objectives, the team is to launch several platforms that are supposed to draw attention of the crypto world to Floki:

• An NFT metaverse A-level game with play-to-earn features named Valhalla. Users will fight against other players, capture land and enemies, grow food, create and sell NFTs.
• A Flokiplaces merchandise store for buying and trading NFTs.
• A crypto education platform Floki University. The plan is to provide content for both newcomers and experienced users and to become a big source of cryptocurrency news.

The platform is also planning a giveaway with Tesla that will help donate $100,000 to dog shelters and other charity organizations.

The Floki Inu Tokenomics

Floki is a token that is based both on Ethereum and Binance Smart Chain. It has a max supply of 10 trillion tokens, of which about 9.1 trillion are in circulation.

Floki applies a 3% treasury tax to every transaction made in the ecosystem. Collected money is used to further develop the token, find new partnerships, promote Floki, and make donations.

How to earn with FLOKI?

The Floki Inu team encourages HODLing by rewarding those who keep the token in their wallets without selling. Another way to earn with FLOKI is by staking it. There are two ways to do that:

• Staking on the Inverse Finance DeFi platform. This allows FLOKI stakers to earn the platform’s native token INV. Also, as a lending service, Inverse Finance allows borrowing stablecoins — and there are good conditions if you use FLOKI as collateral.
• Staking on BarnBridge. This protocol has a FLOKI pool where you can provide liquidity and engage in yield farming. Programs with lower and higher risk profiles are available.

Floki Inu (FLOKI) 2022 Price Prediction

Since its launch, FLOKI has experienced one major peak in November 2021, and the price has been declining since then. However, the overall market sentiment is not very favorable at the moment. New announcements on the FLOKI roadmap implementation should help spark the price again. Currently, the token is trading at $0.000041.

Price prediction services are rather bullish on Floki Inu. Wallet Investor considers FLOKI as a good long-term investment and expects the token to reach $0.000148 in 1 year. DigitalCoinPrice predicts that the FLOKI price will nearly double by 2023. CryptoPredictions waits for a 27% growth with the token price reaching $0.000053.

Where Should I Store FLOKI? Floki Inu Wallets

FLOKI exists as ERC-20 and BEP-20 tokens, so any Web3 wallet such as MetaMask or Trust Wallet works well. Long-term storage is also possible on Ledger and Trezor.

Storing your FLOKI in NOW Wallet means you will enjoy a user-friendly interface while being sure that your coins are 100% protected. A built-in exchange, NFT storage, and other features guarantee the best experience for storing your FLOKI.

Floki Inu (FLOKI) Exchanges

ChangeNOW is the fastest way to buy Floki Ainu tokens based on BSC and ETH blockchains. The average swap time is just 5 minutes. We are a non-custodial service, hence don’t collect any private data and never have access to your private keys.

Our cooperation with the Floki Inu team has made it possible to purchase the token with a credit card on the official website. Simply click ‘Buy with Credit Card’ and follow the instructions.

Summary

Floki Inu isn’t just another meme coin that has nothing to offer but an interesting tokenomic model. The team participates in numerous charity programs and tries to make the world better through building the FLOKI ecosystem with NFTs, metaverse, and an educational platform. Although the token can’t boast a huge market cap, future development and roadmap implementation may help the token achieve its goal — to become the biggest meme coin in the crypto market.