Viraj RandevFloki Inu has emerged as one of the hottest meme tokens, named after Elon Musk’s Shiba Inu and gaining a cult meme following in 2021. However, Floki Inu looks to derive value by building its ecosystem around three flagship utility projects – focusing on NFT marketplaces, metaverse-based games and educational platforms.
This guide covers the Floki Inu project and Floki Inu price predictions for the coming years. We will also highlight potential opportunities for the coin and show you how to invest in Floki Inu in 2023.
Floki Inu Price Prediction
The Floki coin price is $0.00005100 per token. Looking at the Floki Inu price chart and the expert views of crypto-analysts, here are some key Floki price predictions for 2023 to 2030.
- End of 2023 – After the token soared by 50% on 16th February 2023, we believe FLOKI can reach a high of $0.0001 by the end of 2023.
- End of 2024 – We predict a high of $0.00033 for FLOKI by the end of 2024. With multiple use cases such as the Floki Inu university and the NFT metaverse platform, this cryptocurrency can be bullish in the coming years.
- End of 2025 – With the growth of Floki Inu’s social media presence and the revival of the crypto space, we could see the token reach a price of $0.0007 by 2025.
- End of 2030 – By the end of the decade, Floki Inu has the potential to trade at $0.001 per token.
Floki Inu
| 📯 Coin Name | FLOKI |
| 💲 Price | $0.0000373 |
| 🔆 Coin Symbol | FLOKI |
| ⏳ Price Change 1h | 0.46% |
| 🌕 Price Change 24h | 6.54% |
| 💵 Market Cap | $332,464,822 |
| 🥇 Rank | 108 |
| 🌐 24h Volume | $35,665,767 |
| 🔄 Circulating Supply | 8,917,452,316,422 |
| 💰 Total Supply | 9,942,355,954,723 |
Floki Inu Price History
As a cryptocurrency often classified as a ‘meme token’ – Floki Inu’s price movements have been very volatile over the past few years. Floki Inu was released in June 2021 after news emerged that Elon Musk had bought a Shiba Inu breed dog and named it Floki.
A multi-chain protocol, Floki Inu is available on both the Ethereum and Binance Smart Chain. With a maximum supply of 10 trillion tokens, Floki Inu’s ICO was set at a very affordable price of $0.0000041 per token. While the Floki coin price did not experience much movement in the first few weeks, the token almost doubled from $0.000002763 on July 28th to $0.000004458 on July 30th, 2021.
After soaring by almost 2x within 48 hours, the Floki coin price chart faced regular volatility till the end of August 2021. On August 29th, Floki Inu reached an intra-day high of $0.00001304.
Notably, Floki Inu experienced a significant bull run which started in September till the end of 2021. After trading at just $0.00003213 on 13th September, the Floki coin price soared to an all-time high of $0.0003437 by November 2021.
In 2022, the cryptocurrency plunged. From a price of $0.0000998, Floki Inu ended the year at $0.00000881, a correction of more than 91%. However, Floki Inu has soared in 2023. On February 16th, 2023, Floki Inu rose by nearly 50%. The price hike was due to a tweet made by Elon Musk.
Currently, Floki Inu is trading at $0.00005100 per token, with a market cap of more than $500 million.
Floki Inu Price Summary
- FLOKI was launched on ICO, at 0.0000041 per token in June 2021.
- The crypto soared by 100% to $0.000004458 on July 30th, 2021.
- Floki Inu reached an ATH of $0.0003437 in November 2021.
- This meme coin dropped by 90% in 2022.
- Currently, FLOKI is trading at $0.00005100 per token.
Floki Inu Price Prediction 2023
While Floki Inu corrected by over 90% in 2022, the token is soaring in February 2023. FLOKI has increased by more than 70% in the past seven days. This coincided with the upward movement of other top cryptocurrencies, such as Bitcoin and Ethereum.
As per the technical analysis of TradingView, FLOKI is currently in a ‘Strong Buy’ zone. The exponential and simple 10-day moving average indicates that FLOKI is trading in a strong zone. Thus the token has the potential to further increase in valuation.
By the end of 2023, we could see FLOKI rise to a price of $0.0001. This would equate to a price jump of nearly 100%. Alternatively, our minimum price prediction by the end of the year is $0.00006.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Floki Inu Price Prediction 2024
When looking to invest in Floki Inu – it is important to break down the fundamentals behind the token. Floki Inu is an ERC-20 token that runs on the Ethereum blockchain and the Binance Smart Chain.
The token has been synonymous with price volatility since its release. However, the Floki ecosystem is looking to use its native token for bigger projects.
The token’s whitepaper refers to the project as a movement, not a meme currency, laying out the plans for the Floki ecosystem. Promoted as a utility token, Floki Inu is to be used for three key purposes:
- The central currency behind Floki’s NFT metaverse game
- The Flokiplaces NFT & merchandise marketplace
- The Floki University crypto education program
Thus, a large part of Floki Inu’s long-term success depends on the success of its utility-based projects. Large-scale adoption of the metaverse and educational platform will directly increase the demand for Floki Inu.
By 2024, the token could potentially reach a high of $0.00033. This also happens to be the previous ATH of FLOKI.
Floki Inu Price Prediction 2025
By 2025, the price of Floki Inu could vary depending on a few factors. Firstly, the revival of the overall cryptocurrency markets could help the FLOKI price increase. Cryptos have historically performed better when Bitcoin, the largest digital asset, traded upwards.
When Bitcoin and Ethereum were bullish in 2021, multiple meme tokens soared to their all-time highs. Moreover, the strength of the Floki Inu community could also play an important role. A popular meme token, Floki Inu, benefits from a huge Twitter following of more than 400K.
Users also regularly interact and discuss the Floki Inu updates on the r/Floki Reddit page. With a strong social media presence, the Floki Inu community could help ensure that the trading volume of this cryptocurrency remains high.
We predict a maximum price of $0.0007 by the end of 2025.
Floki Inu Long Term Outlook – 2030 Prediction
Will Floki Inu grow further by 2030? Since the token is less than a year old, assessing Floki on historical data will not provide satisfactory results. However, Floki Inu’s future positions could depend on their entry into the DeFi (Decentralised Finance) and Web 3.0 space.
DeFi is a blockchain-based concept that uses smart contracts to provide crypto users with alternatives to centralized finance mediums – such as banks and financial institutions. Floki has integrated with Chainlink, a blockchain-based smart contract protocol, to provide DeFi access to all users.
Floki has integrated two powerful DeFi brands by leveraging Chainlink:
- Inversed Finance – Floki’s inverse finance pool lets Floki Inu token holders access interest-earning and staking options.
- BarnBridge – Floki has released a pool on BarnBridge that lets users hedge against inflation and volatility by locking in tokens on Senior and Junior pools. This, in turn, protects them against leveraged exposure and downward volatility.
In the future, Floki plans on introducing its own DeFi products as well. Such exposure in the DeFi sector will benefit the ecosystem’s long-term growth.
By 2030, this token can reach a price of $0.001.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Potential Highs & Lows of Floki Inu
In the table below, we have listed the expected price of Floki Inu from 2023 – to 2030.
Year
Potential High
Potential Low
2023
$0.0001
$0.00006
2024
$0.00033
$0.0002
2025
$0.0007
$0.0005
2030
$0.001
$0.0009
What is Floki Inu Used For?
Apart from the massive short-term gains that Floki Inu has given, it looks to provide utility in multiple ways. Let’s take a look at a few use-cases of Floki Uni and its ecosystem.
Floki Inu Metaverse-Game
On the Floki whitepaper, the creators have stated their plans to develop a metaverse game – Valhalla.
According to Grayscale, the metaverse industry has projected annual revenue of $400 billion. Floki is looking to tap into this industry by using Floki Inu as the central currency in their play-to-earn game. This will allow users to earn and collect Floki tokens in the fantasy game itself, thus driving the volume of the digital token.
Floki University – Crypto Educational Platform
The Floki creators want to expand their ecosystem by incorporating educational opportunities for users. The company’s whitepaper also stated that the crypto industry will grow to at least 1 billion users by 2025.
Floki wants to bridge the crypto educational gap by introducing Floki university – a platform for users and investors to learn about Floki Inu and other cryptocurrencies. The platform will be a mixture of free courses and some premium content – the latter requiring Floki Inu holdings to be accessed.
Floki NFT Marketplace
Non-Fungible Tokens (NFTs) have grown significantly in the last 12 months, with $25 billion in NFT sales in 2021 alone. Floki wants to enter the NFT-space by creating its marketplace for digital collectables.
The ecosystem will be looking to create NFTs based specifically for Floki Inu holders and usable NFTs, which can be accessed in the metaverse-based game.
Floki Inu will once again be the main currency of the marketplace. The cryptocurrency plans on providing utility-based use-cases through these three key areas. Other than this, you can also trade Floki Inu as an investment asset.
Purchase Floki Inu using the link below.
What Drives the Price of Floki Inu?
In the current market environment, it is essential to know the main drivers of Floki Inu. Here are some of the key factors that have helped drive the price of the meme token.
Popularity from High-Profile Billionaires
Despite having plans for multiple NFT & metaverse projects – Floki Inu is often termed a ‘meme token’. This is due to the token’s affiliation with Elon Musk.
The billionaire-owner of Tesla has been synonymous with meme tokens like Dogecoin and Shiba Inu but plays a significant role in the inception of Floki Inu. Back in June 2021, Musk’s post of his new pet Shiba named Floki, led to the creation of Floki Inu. Once again, in February 2023, Elon Musk’s tweet resulted in a 50% price hike in the span of 24 hours.
Users have associated the rise of Floki Inu’s price initially down to its link with Musk – who has often been credited to multiple price increases in dog tokens.
Floki’s Ad Campaign
In 2021, Floki released an ad campaign that targeted the meme-tokens market. Targeting the London subway system, the Floki team pasted posters all over the British capital. The captions reading “Missed Doge? Get Floki” aimed at using short-term crypto-enthusiasts as a driving force behind the coin’s movement.
Following the campaign, Floki Inu experienced a 275% growth at the beginning of November.
Despite Floki’s promising ecosystem that caters to the Web 3.0 markets, the main drivers of the coin have primarily promotional campaigns or pure speculation. However, users can expect a change in the Floki price after the ecosystem moves closer to developing their metaverse and NFT projects in the coming years.
Floki Inu Video Analysis
Where to Buy Floki Inu
Users interested in purchasing cryptos will need to find one of the best crypto & altcoin exchanges that offer low fee trading and multiple tools & features at their disposal. After navigating through the numerous options, we recommend eToro as the best crypto platform from where to buy cryptocurrencies.
Here’s how to purchase Floki Inu with eToro.
eToro – Best Crypto Platform for purchasing low-cost cryptos
With over 28 million users from 140 + countries, eToro is one 
of the largest online crypto brokers globally.
A cost-effective platform, eToro charges a fee of 1% for buying and selling crypto assets, along with a spread per transaction.
In terms of deposits, you can fund your account starting with $10. You can purchase Floki Inu using multiple payment methods. These include credit/debit cards, online bank transfers and e-wallets like PayPal, Neteller and Skrill.
The platform also supports one of the best crypto wallets in the market – allowing you to store all your crypto holdings in one location safely. With DDoS (Distributed denial-of-service) protection and advanced standardisation protocols, your Floki Inu savings holdings will be safe for the long term.
A global brokerage, eToro is regulated by top-tier regulatory bodies including the FCA, ASIC, CySEC, FinCEN and FINRA.
Cons
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Is Floki Inu the Best Crypto to Buy in 2023?
In 2023, Floki Inu offered huge returns to investors. In February 2023, the token rose by over 70%. While the cryptocurrency is referred to as a meme token, it has implemented multiple DeFi components such as Inversed Finance and BarnBridge.
However, the cryptocurrency’s meme status means that social media posts and celebrity tweets often have an impact on the price. While FLOKI may offer growth in the long run, there are multiple new cryptocurrency projects which have the potential to offer higher growth.
While the crypto markets corrected in 2022, we witnessed investors diversify their portfolios by purchasing multiple presales. The section below discusses a presale that can offer growth in the coming years, with the markets showing signs of recovery in 2023
Fight Out – New Move-to-Earn Cryptocurrency
Fight Out has successfully filled in the gaps in the Move-to-Earn industry after creating a fitness app that rewards users for doing their workouts and other fitness-related movements.
The project has raised over 4.2 million USDT within a few weeks of the launch of its first presale stage. At the time of writing, buyers can purchase $FGHT at a price of only 0.02257 USDT per token. Investors should buy $FGHT before the price rushes to 0.033 USDT per token after the CEX listings on 5 April.
FightOut has also built a metaverse for its users to gamify the fitness lifestyle. While creating a new account with the platform, users can create their unique ‘Soulbound’ NFT avatars. Moreover, these Soulbound avatars will correspond with the users’ real-life fitness data and metrics. This paves the way for users to compete with fellow members and also socialize with them in FightOut’s metaverse.
The platform has gone a step further to create ‘REPS,’ its in-app, off-chain currency to reward users for completing fitness challenges. REPS can be utilized for getting monthly membership discounts, buying cosmetic NFTs for avatars, and so on. Also, investors can choose to read FightOut’s whitepaper for a deeper understanding of the project’s features.
$FGHT Purchase Bonus & Tokenomics
$FGHT is an Ethereum-based token with a supply cap of 10 billion. From its total supply, 9.5% of tokens are available for sale via its presale stages.
Investors buying $FGHT in the presale stages will receive bonuses that start from 10%. Buyers can start with only $500 alongside 6 months of vesting to receive the starting bonus. Further, users will also get membership rewards when they stake their $FGHT tokens.
Investors can get additional tokens of up to 50% if they participate in the ongoing presale stages. Users can join the project’s Telegram channel to always stay on top of the latest updates.
Presale Started
14 December 2022
Purchase Methods
ETH, USDT
Chain
Ethereum
Min Investment
None
Max Investment
None
Conclusion
To summarise, this guide has provided you with an in-depth analysis of Floki Inu’s price predictions for 2023 – 2030. After reviewing the token’s utilities, Floki Inu is looking to create widespread user adoption by releasing their upcoming NFT marketplaces and metaverse games.
If you are looking for an alternative to Floki Inu, investors may consider a new crypto project like Fight Out which is currently earlier in its roadmap than FLOKI, still at the presale stage.
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This article was written for Business 2 Community by Viraj Randev.
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