FLOKI Takes The Top Spot On Binance’s Trending List

  • FLOKI’s developers recently laid out its roadmap for 2023.
  • Native token FLOKI’s price has seen considerable volatility over the past week.

FLOKI recently took the top spot on Binance’s trending list, beating rival meme coins like Shiba Inu and Baby Doge Coin to become the most popular cryptocurrency on the world’s largest crypto exchange. FLOKI’s presence on Binance’s trending list demonstrated its rising popularity, despite not being listed on the exchange.

The boom in FLOKI’s popularity came ahead of its ecosystem’s roadmap for 2023, which was published by FLOKI developers yesterday. Subsequently, the rising popularity may be attributed to FLOKI’s evolution from a meme coin to a full-fledged web3 project with a presence in the metaverse and the NFT space.

In the roadmap laid out by its developers, the first phase will involve a major upgrade to the FlockFi Locker, and the token’s launch on the OKX crypto exchange, along with the first stage of staking going live. Data from DefiLlama shows that FlockFi Locker’s total value locked (TVL) increased by over 100% since the beginning of February.

At the second phase of the roadmap, the second stage of staking will go live, along with a redesign of FlockFi and the introduction of the Flocki debit card. During phase three, the University of FLOKI and FLOKI “Project TL” will be launched. The fourth and final phase will involve the Valhalla mainnet and a mystery project.

According to data from CoinMarketCap, FLOKI is currently trading at $0.000039, down more than 5% over the past 24 hours. The token has seen considerable volatility over the past week, with opportunistic traders scrambling to capitalize on the recent developments in the project.

Related Articles

Back to top button