Floki is a cryptocurrency that was launched in mid-2021. Here are the key details about Floki: Floki is a meme-inspired cryptocurrency that is named after Elon Musk's [[Shiba Inu]] dog, also named Floki. The cryptocurrency was created by a group of Elon Musk fans as a "sister" token to Dogecoin, another meme-based cryptocurrency. Some key facts about Floki crypto: - Floki is built on the [[Binance Smart Chain (BSC)]] blockchain and uses the [[BEP-20]] token standard. - The total supply of Floki tokens is 10 quadrillion, with no additional tokens ever to be minted. - Floki positions itself as a "utility token" with plans to develop a Floki-themed [[NFT]] game, a DeFi platform, and other Floki-branded products and services. - The Floki community has been very active in marketing and promoting the token, often through social media and online advertising campaigns. - Floki has been listed on several major cryptocurrency exchanges, though it remains a relatively new and speculative altcoin compared to more established cryptocurrencies. - As a meme-based token, Floki's price and trading volume have been quite volatile, subject to the whims of online hype and social media trends. - Proponents of Floki believe it can capitalize on the popularity of Elon Musk's dog and the broader meme coin craze. Critics view it as a high-risk, speculative investment. Overall, Floki is an example of the many dog-themed and meme-inspired cryptocurrencies that have proliferated in the market in recent years, though its long-term viability remains uncertain.