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Floki Inu (FLOKI) also known as the people’s cryptocurrency is gaining lots of traction lately and the buzz has refused to taper down. The last piece of meme on the theme of the dog is inspired by the elongated musc shiba inu dog and bears his name! With the recent price rally, FLOKI has made it to the top 100 cryptocurrencies based on market capitalization.
According to coinmarketcap, floki holds 97th place from the time it was written. It grew by more than 17.28% in the past seven days while most other meme coins like Dogecoin and Shiba Inu shed value in the same period.
Floki makes the top hundred.
Apart from Floki’s massive price rally, its utility tools such as Valhalla – an NFT metaverse game, FlokiFi- a protocol comprising several DeFi products, FlokiPlaces, an NFT marketplace, and a crypto education platform, Floki University are key elements of its growth.
Now Floki has returned Bone ShibaSwap (BONE), the symbol of governance of the Shiba Inu ecosystem, to occupy the 97th place in the top 100 of CoinMarketCap.
Leading #crypto data platform @CoinMarketCap now follows the stock market capitalization and $FLOKI ranking correctly.
#Floki is now officially in the top 100 of all cryptocurrencies.
This also makes #Floki the only “#memecoin” in the top 100 alongside $DOGE and $SHIB!
– FLOKI (@RealFlokiInu), February 28, 2023
This indicated that despite all the hype around Shibarium, the people’s cryptocurrency has managed to steal the spotlight.
Great danger to shiba inu (shib)?
Since early 2023, floki inu has experienced an abrupt jump. Currently trading at around $0.00004877 with a 24-hour exchange volume of $41,530,958. According to cmc, the token has increased by almost 17.28 per cent in one week. In addition, it increased by 100 per cent in one month.
SHIB's performance has also left investors in short supply. At the time of the press, shiba inu trades around $0.00001232 with a trading volume of $178.069.632 per day. SHIB price has dropped nearly 4.13% during the past seven days. But the chip jumped 2.20% in one month.
Thus, Floki not only stole the BONE projector, but also succeeded in surpassing the master piece like Shiba Inu.
Also Read: Tesla’s Investor Day: Dogecoin Price Could See Another Bull Rally Soon
