Floki Inu is a dog-themed coin that sprung in existence from Shiba Inu community. Shiba Inu is a Japanese dog breed, which was brought to US from Japan around 60 years before. This breed of dog was popularized many years before as a popular meme that served as a basis for the Dogecoin.
This Floki inu coin project generally runs on the Binance Smart Chain and Ethereum blockchain network. This has got ambitions that it plans to attain by using the vast community called as “Floki Vikings.” Since you might recall from the article on various reasons behind the Shiba Inu’s ascend –the strong community will be the powerful asset of successful project.
Features of the Floki Inu
Floki Inu gets hosted on both Binance Smart Chain and Ethereum that gives it an access to ETH & BSC community. This 1:1 ration swap through ETH-BSC bridge will be possible for the FLOKI holders and transaction tax will not be charged during the bridging procedure.
Rewards to Hold Floki
The Floki Inu holders may hold the tokens to get rewards. Around 4% rewards will be distributed to the Floki holders on BSC & ETH blockchains, when anybody swaps tokens on the crypto exchange. These reward percentages aren’t final and might change depending on the future upgrades.
Why Is Floki Inu an Amazing Investment Choice?
Whereas Floki Inu has actually shown stable performance in 2021, still it is largely the speculation currency. This real-world app in form of the metaverse games and NFT marketplace have not yet materialized. But, that is not the big con in case anything is learned from the Dogecoin.
The Floki Inu has partnered with the football club to feature the logo on stadium and uniform in Italy. This football collaboration, other partnerships with the Inverse Finance and fact that it will be used make this cryptocurrency promising. Also, there is petition to get this listed on a popular exchange, Coinbase.
Even though the performance has still to show a bigger impact, the Floki Inu is worth investing in as per their interest & trust people show, particularly those from crypto communities.
Whereas Floki Inu is quite legit and has also gained value rather fast, it is another cryptocurrencies on an offer. This shows promise and recent performance has not been stellar either. It is always good to diversify your investments & not put your money at one place.