FLOKI（FLOKI）Project Analysis-CoinW Institute

4 min readFeb 20, 2023

FLOKI（FLOKI）Project Analysis

1. Institute Review

Elon Musk’s Twitter feed is legendary in the crypto community. Even one of his tweets can send a coin up or an entire market down, as can Floki Inu, the billionaire who recently named his new dog “Floki,” whose original tweet can be seen sitting in a Tesla car. “Floki” is seen sitting in a Tesla car. This has pushed the dog modal currency to new highs. Probably the biggest reason most crypto enthusiasts have FLOKI in their portfolios is because of Elon Musk. The founder of Tesla and SpaceX, the man known in the world of crypto as the father of DOGE, the biggest spike Floki Inu (FLOKI) has experienced so far is due to Elon Musk’s tweets. Whenever Elon Musk tweets about his dog, FLOKI’s price may break its previous all-time high.

2. Recent breakout points

Dogcoin concept + Musk’s new dog

3. Project Description

Floki originated from Elon Musk’s tweet at the end of June: My shiba inu will be named floki, FLOKI has charity, education, payment, NFT, pledge and the whole ecosystem of the meta-universe game crypto coin, which belongs to the dogcoin concept

4. Token role

FLOKI tokens are used as payment currency for partners. Development of an NFT called FlokiPlace and a physical goods marketplace where FLOKI tokens will be used as payment tokens; development of the first flagship metaverse game Valhalla where FLOKI will be the only token in the game; and an educational platform created exclusively by Floki.

5. Token economic model

Total number of tokens in circulation: 9,784,219,809,993

5–1, Floki Inu is also a deflationary token, and of course Shiba Inu coin (SHIB) has this token burning mechanism. This means that tokens are constantly being destroyed to reduce the total supply. This will increase the demand for FLOKI tokens and give it a boost in future price upside potential.

5–2, Floki Inu (FLOKI) liquidity is locked to the BSC and ETH contracts for 265 years and there is a bridge between the two networks through which users can connect their tokens between the two major blockchain networks.

6. Project Highlights

6–1, FLOKI’s price may break previous all-time highs whenever Elon Musk tweets about his dog. 2021 FLOKI was relaunched only three months ago and since then its price has risen more than 120 times, thanks to the Floki Vikings community on the social media platform.

6–2, one of the founders of the Uniswap project and many Twitter followers follow FLOKI, and nearly 100 foreign celebrities have backed FLOKI.

7. Community

The number of Twitter followers is 414.7k, and the community is relatively large

8. Special economic model

Buy and sell slippage 0.3%

9. Future prospects

Musk’s background is only one of FLOKI’s shining points. In addition, CMC said FLOKI has the most promising 3D virtual universe game in MEME coin. one of the founders of Uniswap project and many Twitter fans follow FLOKI. up to now, nearly 100 foreign celebrities have supported FLOKI, and the number of coin-holding addresses has exceeded 350,000 (on BSC chain). The background is strong enough to ensure the credibility of the project. In terms of marketing strategy, I think FLOKI has also achieved the ultimate, IT is not too much to say that FLOKI’s marketing has reached the ceiling of the marketing industry. the global marketing influence of FLOKI has shown some value. FLOKI doesn’t want to be just a modal coin, but a mainstream coin that can be used more effectively to support payments and charities, and offers something called FLOKI does not want to be just a die coin, but a mainstream coin that can be used more effectively, supports payments and philanthropy, and provides an ecosystem of local markets and metaverse called “FLOKI places”.

Basic Information

Project Description: Floki has become one of the most popular modal coins in the cryptocurrency market. It was inspired by Tesla’s billionaire CEO Elon Musk. memecoin was created by a group of well-known developers, passionate fans and cryptocurrency enthusiasts. The project runs on the ethereum blockchain and the coin smart chain (BSC) network. With a large community called “Floki Vikings” to fulfill its ambitions, a strong community can also be a great asset for a successful project.

Full token name: FLOKI

Token name: FLOKI

Project website: https://www.floki.com/

Project Documentation.

Block Query.

ETH:

https://etherscan.io/token/0xcf0C122c6b73ff809C693DB761e7BaeBe62b6a2E

BSC:

https://bscscan.com/token/0xfb5b838b6cfeedc2873ab27866079ac55363d37e

Liquidity queries.

ETH:

https://etherscan.io/address/0xcf0C122c6b73ff809C693DB761e7BaeBe62b6a2E