Reasons for Floki cryptocurrency’s 138% growth in a week revealed

Editor’s note: not financial advice!

At the end of the week, the cryptocurrency FLOKI (FLOKI) became the leader in growth. FLOKI went up by 29% overnight and 138% over the week. The growth of the digital asset started on October 20.

FLOKI was also included in the list of the most searched coins on Binance and regained its place in the top 100 largest cryptocurrencies by capitalization. The token showed positive dynamics against the backdrop of the team’s launch of the TokenFi asset tokenization platform on October 27, 2023.

«TokenFi aims to simplify the process of tokenizing cryptocurrencies and assets and ultimately become the world’s leading tokenization platform ,» is how the developers describe the project’s goals.

The TokenFi platform has its own native token, TOKEN. Its issue is 10 billion. The issue will be realized in the BSC and ETH networks (5 billion tokens each). According to the developers, part of the tokens will be placed in the liquidity pools of Uniswap and PancakeSwap crypto exchanges to provide public liquidity and launch trading with the coin on October 27. FLOKI stakers will receive 56% of the TOKEN issue for four years. The launch of the staking program is also scheduled for October 27.

FLOKI is the cryptocurrency of the Floki crypto project ecosystem. It includes the Valhalla play-to-earn game, the FlokiFi DeFi protocol, an educational platform, a cryptocurrency card for digital payments, an NFT collection, and the FlokiPlaces marketplace for non-fungible tokens.