Floki Inu’s Binance US listing has drawn quite an attention as the popular meme-inspired token jumped by 40% recently. As of now, FLOKI is still trending on Twitter with 700K+ mentions, alongside crypto heavyweight Bitcoin, and its rival Bone.
A possible factor behind the hype could be Elon Musk’s interaction with it, even if they don’t seem directly correlated at times.
In February, the proponent of DOGE and cryptocurrency entrepreneur posted a mocking image of his dog wearing glasses and signing a contract to take over as CEO of Twitter.
Given that his Shiba Inu breed is named Floki, it is hardly surprising why the Floki Inu token, skyrocketed by over 40%.
But this wasn’t the first time Musk had raised the price of the meme coin. He previously dressed his dog like Santa Claus for Christmas 2021.
Additionally, Floki secured a number of prominent listings, such as BTCEX and Crypto.com, one of the most well-known and well-governed cryptocurrency exchanges in the world.
This listing introduces the project to Crypto.com’s vast user base of over 80 million.
In Feb, the team behind Shiba Inu’s rival Floki Inu published its brand new roadmap for the current year. The roadmap gave readers of the blog a sneak preview of its plans for guiding the Floki community through the various stages.
Floki Inu’s Roadmap For 2023
Divided into four phases, the first of which includes the activities that have already been performed, such as the opening of Floki’s online store and collaborations with the decentralized oracle platform Pyth Network and the cryptocurrency payments service Binance Pay.
The next stages are the upcoming release of a native staking program, revamping the FlokiFi protocol, and the launch of the Floki Debit Card.
The native Floki staking program’s “Phase 1” is currently being developed, according to the blog, and will shortly be introduced with a crucial DAO vote.
Phase 3 will see the release of FlokiFi’s second major product, currently codenamed “Project TL” on 4 chains.
The main utility product and metaverse game Valhalla will be released at the final stage. Additionally, the company revealed information on a “mystery project” that it says “will play a key role within the Floki ecosystem.”
The team added that the aforementioned phases are not constrained by set timetables or necessarily represent “quarters” “months” or any other unit of time.