Floki Inu Trending in India despite Major Indian Exchanges not yet listed, Pro Traders are Swapping even on high gas fees.
First, there was the meme token known as Dogecoin . Then came Shiba Inu, which actually managed to overtake Dogecoin in popularity. Yet, there’s a third canine-themed coin, Floki Inu, and I don’t recommend dismissing Floki Inu as an also-ran.
I’ll admit that as an old-school, fundamentals-focused investor, I had difficulty taking any of these coins seriously at first. However, an old dog like me can learn new tricks, and we all have to adapt to changing market conditions in the 2020’s.
Indeed, even the most level-headed investors can have several dogs in the race, so to speak. You can have your serious, bread-and-butter investments, but also hold some Floki Inu tokens just for the fun of it.
And who knows — FLOKI could be your next 10x trade. So, let’s open our minds up to a dog-centered digital asset that deserves more consideration from crypto enthusiasts.
Floki Inu’s Recent Price Surge.
Floki Inu is a super-affordable coin which could make some traders wealthy even if it only goes to a penny.
As recently as August, FLOKI was just $0.00000002. Over a period of months, however, it ascended quickly.
The token’s price reached $0.00006 in late October, which already represented a substantial gain. Nonetheless, taking profits at that point would have been a big mistake.
That’s because Floki Inu soared like an eagle, hitting $0.00034 on Nov. 4.
It might be hard to wrap your head around these minuscule prices, but we’re talking about a nearly 17,000% gain since the bottom was reached in August.
Suddenly, FLOKI isn’t such a joke anymore. Recently, it pulled back to $$0.000220, which could provide a dip-buying opportunity if you aren’t positioned yet.
Floki Inu is not a Meme , Its a Movement Token.
The token’s white paper clearly states (boldface and all-caps courtesy of the original author(s), not yours truly):
“Floki Inu is not a meme coin. IT’S A MOVEMENT. A new cryptocurrency birthed by fans & members of the Shiba Inu community.”
So, there you have it. Don’t call FLOKI a meme coin — you’ll probably offend somebody!
WhitePaper Explanation
The white paper also explains the origin of the Floki Inu token, which was named after Elon Musk’s Shiba Inu (the dog, not the cryptocurrency).
Apparently, the project behind the coin is working on three flagship utility projects.
- A non-fungible token (NFT) gaming metaverse called Valhalla,
- An NFT and merchandise marketplace known as FlokiPlaces and
- A content/education platform dubbed Floki Inuversity.
How to Buy Floki Inu coin before arriving to India
- Create account on Gate.io
- Simply Add Funds(USDT) and Buy Instantly.
We have made an article on How to Buy Floki Inu Coin in India.
This is the simple steps, you can easily buy Floki Inu coin despite Major Indian exchange. However there only few Centralised exchanges listed Floki Inu coin currently. Also there are plenty of Pettition is raised to Major Centralised Exchanges like Binance and Coinbase.
As of Nov. 15, that online petition has 45000 +signatures. Clearly, there’s a veritable army of Vikings supporting this movement.
Keep in mind, it was the popular demand that led to Shiba Inu being available for trading on Coinbase.com and in the Coinbase Android and iOS apps.
So, don’t be too surprised if you wake up one day and discover that FLOKI is available on Coinbase.
And that, almost certainly, would cause a huge move in the coin’s price.
The Bottom Line
Not every low-priced digital coin has its own white paper and a movement to get it listed on Coinbase.
Like it or not, Floki Inu is serious business. As the token’s awareness and acceptance grows, so should the price.
You’re certainly entitled to form your own opinion on FLOKI.
But just remember: whatever you do, don’t call it a meme coin.
On the date of publication, FlokiIndia did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
Floki Inu is the Future of Meme Crypto, So Invest wisely, And Invest only what you can afford.
