Floki Inu (FLOKI) is a meme-based cryptocurrency inspired by Elon Musk's Shiba Inu dog, named Floki. Launched in June 2021, it quickly attracted attention due to its connection with Musk, who has a significant influence on the cryptocurrency market. FLOKI aims to be more than just a meme coin by developing a utility-driven ecosystem that includes a play-to-earn game, an NFT marketplace, and an educational platform called Floki University. Despite its origins as a meme, FLOKI has built a strong community and is marketed as "the people's cryptocurrency" through efforts to make decentralized finance (DeFi) accessible to a wider audience. Its value, however, remains highly volatile, mainly influenced by social media trends and speculative activity.
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