invezz.com
Floki Inu revealed it attained all-time highs in staking TVL (total value locked). The over $105 million in stake $FLOKI has the project outpacing Dogecoin ($DOGE), PepeCoin ($PEPE), and Shiba Inu ($SHIB) in TVL.
#$FLOKI JUST HIT A STAKING TVL ATH OF $105 MILLION
— $FLOKI (@RealFlokiInu) February 26, 2024
That's 25% of the total $FLOKI supply, worth $105,313,899, locked and staked for up to 4 years.
This makes Floki the ONLY major "memecoin" (from $DOGE, $SHIB, $BONK, $PEPE, and $FLOKI) with such a huge portion of its supply… pic.twitter.com/p7xhvcJG3x
With 25% of the overall supply staked, Floki emerges as the only top meme token with the highest portion of staked coins. $FLOKI investors have locked $105,313,899 million worth of tokens (2.5 trillion $FLOKI coins) for not less than 4 years.
According to DeFiLlama stats, Dogecoin has its staking TVL at $3.78 million, whereas PepeCoin and Shiba’s Shibarium have their staked total value locked above $9.4 million and $1.1 million, respectively.
$FLOKI price outlook
Floki Inu saw remarkable price actions over the past day, gaining more than 20% on its daily chart to trade at $0.0000432. Its 24-hour trading volume skyrocketed 512% to $151,002,087, putting the alt on the verge of a breakout.
$FLOKI / $USDT
— 24 Crypto.Info (@24Crypto_Info) February 27, 2024
Price is on the Verge Of breakout🔥
Expecting a good bullish Move in Floki soon.#$FLOKI pic.twitter.com/TZZKgq3sh3
Floki Inu remains poised for long-term growth. Unlike most meme cryptocurrencies that lack intrinsic value, $FLOKI centers its network around top utility projects, prioritizing NFT marketplaces, educational platforms, and metaverse games.
Analysts forecast robust growth for these sectors. That will see $FLOKI flourishing with bullish moves in 2024 and beyond.
The post Floki Inu ($FLOKI) staked TVL crosses $105M, outshines Dogecoin & PepeCoin appeared first on Invezz