The crypto market has been off to a pretty good start this year, with Bitcoin hitting $23,000, and Ethereum hitting $1,650 today, completely reversing the losses triggered by the FTX implosion and looking primed to go harder.
Meme cryptocurrencies like Dogecoin and Shiba Inu tend to be the center of attention at times like this when the market turns risk on but Floki seems to be stealing the spotlight this time around.
Dogecoin (DOGE) is the world’s largest memecoin, with a market valuation of $11.5 billion at the time of writing. Shiba Inu (SHIB), which was inspired by Doge, is the second-largest dog coin with a market valuation of $6.6 billion.
Floki (FLOKI), which is a newer entrant to the space, is inspired by both Dogecoin and Shiba Inu and named after Tesla CEO Elon Musk’s Shiba Inu pup. It has a conservative market valuation of $100 million.
Floki has grown to be regarded as a major crypto movement in such a short period of time. It currently boasts over 420,000 holders and is widely regarded as the third most popular memecoin after Dogecoin and Shiba Inu.
These three things just happened to Floki
While things have been relatively silent for both DOGE and SHIB lately, with the exception of the SHIB devs teasing out the possible launch of the Shibarium blockchain anytime, Floki has had a lot of exciting developments happen for it all in the span of a few days.
Floki recently announced a partnership with Binance Pay, which is the payment arm of the world’s largest crypto exchange and the most recognized crypto brand in the world, Binance.
Floki’s Binance Pay partnership announcement has been viewed almost a million times in a matter of days if Twitter’s public view count is anything to go by.
#FLOKI HAS FORMED A STRATEGIC PARTNERSHIP WITH #BINANCE PAY!
Binance Pay is the main crypto payment solution we will be using for Floki’s new merch store, Shop Floki!
Shop Floki will go live and start taking orders on the 19th of January, by 8PM UTC.https://t.co/b2Xgno8tS0 pic.twitter.com/8DX9QcJU8x
— FLOKI (@RealFlokiInu) January 17, 2023
The partnership has not only legitimized Floki as a major crypto brand but the massive exposure it has received has shown Floki to be one of the world’s most popular cryptocurrencies.
On the heels of Floki’s Binance Pay partnership announcement was the launch of Floki’s merchandise store named, ‘Shop Floki.’
Shop Floki is Floki’s…
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