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- Partnership with Uphold boosts $FLOKI’s accessibility on a global scale.
- $FLOKI hits $526M TVL, outshining other top memecoins.
- $FLOKI DAO approves a 190.9 billion token burn for value enhancement.
In a major leap forward, the popular crypto meme token $FLOKI has joined forces with Uphold, a global digital trading platform boasting over 30 million users. This collaboration marks a significant milestone for $FLOKI, often dubbed ‘The People’s Cryptocurrency’, as it expands accessibility through one of the world’s largest retail trading outlets, especially in the US market.
You can now trade $FLOKI on Uphold!
— $FLOKI (@RealFlokiInu) March 6, 2024
Uphold is a global, multi-asset digital trading platform with over 30 MILLION users. It is one of the world's biggest retail trading outlets that can be used from the US.
This listing is a BIG deal in increasing #Floki's accessibility and… https://t.co/fnePVZkNeM
Uphold facilitates secure movement, conversion, and transactions across various asset classes, including cryptos like Bitcoin and traditional assets like fiat currencies and gold. The addition of $FLOKI to Uphold’s trading roster is expected to accelerate the coin’s quest to become the most recognized and utilized cryptocurrency globally.
$FLOKI has been on a remarkable price surge in recent weeks, currently standing at $0.0001358, showcasing a noteworthy ascent of 171.2% in the last 7 days, 305.1% in the last 14 days, and an impressive 400% in the last 30 days, according to CoinGecko.
Furthermore, $FLOKI’s ecosystem is breaking its own records, achieving an all-time high Total Value Locked (TVL) of $526 million. This milestone encompasses two key ecosystem products: Floki Staking with $389.6 million and FlokiFi Locker with $136.9 million. Surpassing the combined TVL of other top memecoins like PEPE, WIF, BONK, DOGE, and SHIB, $FLOKI’s appeal lies in its meme-driven charm coupled with robust fundamentals.
In response to its phenomenal price surge, the $FLOKI DAO has greenlit a strategic move to enhance the asset’s value—a token burn of 190.9 billion $FLOKI tokens scheduled for Saturday at 4 PM UTC. This deliberate burning, representing 2% of $FLOKI’s circulating supply and valued at $31.5 million, aims to fortify the long-term security and stability of the Floki project.
As the crypto community eagerly anticipates the $FLOKI token burn, the memecoin’s enthusiasts and investors are keenly observing how this strategic move will impact $FLOKI’s price trajectory.