Tuesday, May 14, 2024
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HomePet Industry NewsPet Financial NewsMeme Crypto Named After Elon Musk's Pet Jumps 5% Amid Dogecoin, Shiba...

Meme Crypto Named After Elon Musk’s Pet Jumps 5% Amid Dogecoin, Shiba Inu Slide After Roadmap Reveal By Benzinga

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Benzinga – Floki (CRYPTO: FLOKI) is up 5% in the last 24 hr, beating the leading 5 meme coins by market capitalization.

What Happened: At the time of composing, FLOKI was trading at $0.000045. Dogecoin (CRYPTO: DOGE) was down 3.65%, trading at $0.084 and Shiba Inu (CRYPTO: SHIB) at $0.000012 down 4.66% in the last 24 hr.

The Tuesday night rise in FLOKI’s cost is the outcome of the current unveiling of its 2023 roadmap, which detailed a few of its significant upcoming jobs, such as releasing on OKC, DeFi Lending and Borrowing, and Staking.

See More: Top Indian Apps That Give Bitcoin, NFT Rewards

FLOKI will incorporate DeFi procedures to offer loaning and loaning centers to FLOKI holders. “With this integration, FLOKI holders can access loans in stablecoins or popular cryptocurrencies by using their FLOKI tokens as collateral, thereby allowing them easy access to liquidity without having to sell their tokens,” a post by Floki read.Last week, Twitter Chief Elon Musk sent Floki rallying after publishing an image of a dog, most likely his family pet Shiba Inu, presuming the function of “brand-new CEO” of the microblogging website.

Read Next: Bitcoin, Ethereum, Dogecoin Slide Amid Rate-Hike Anxiety: Analyst Says ‘Avoid Emotions, Trade Prices’

© 2023 Benzinga.com. Benzinga does not offer financial investment suggestions. All rights booked.

Read the initial post on Benzinga


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