What is Floki (FLOKI)

What is Floki (FLOKI)

What is Floki (FLOKI)

Floki (FLOKI) is a meme-inspired cryptocurrency that has evolved into a multifaceted Web3 ecosystem. Initially launched in 2021, it operates on both the Ethereum and Binance Smart Chain networks, aiming to provide utility through decentralized finance (DeFi), non-fungible tokens (NFTs), and educational platforms.

Who Created Floki

Floki was created in response to a tweet by Elon Musk in June 2021, where he mentioned naming his Shiba Inu dog "Floki." This inspired the launch of the Floki token by an anonymous team. After the original developers departed, prominent crypto personalities like Sabre and Mr. Brown Whale took over, steering the project towards a community-driven approach with decentralized governance.

Floki’s Past Price Movement

What Is The All-Time High of Floki Price

Floki reached its all-time high price of approximately $0.0003462 on June 5, 2024, coinciding with heightened interest in meme coins and social media-driven hype. ​

What Is The All Time Low on Floki Price

The all-time low for Floki was around $0.0000000072, recorded on August 9, 2021. 

Floki Tokenomics

The total supply of FLOKI is capped at 10 trillion tokens, with a circulating supply of approximately 9.62 trillion as of April 2025. A 0.3% transaction tax is applied to all buy and sell transactions to support ecosystem development and marketing. FLOKI also employs deflationary mechanisms, such as regular token burns, which include burning a portion of fees from FlokiFi locker services and prepaid card transactions. In terms of infrastructure, FLOKI offers cross-chain functionality, operating on both Ethereum and Binance Smart Chain (BSC). A dedicated bridge allows users to transfer tokens seamlessly between the two networks, enhancing accessibility and utility across ecosystems.

How To Trade Floki (FLOKI) on Flipster

  1. Sign up for an account on the Flipster website or by downloading the Flipster app (Android or Apple).

  2. Click the [Trade] tab.

  3. Search for FLOKI and click on it.

  4. Select the leverage (up to 20x).

  5. Select either a Trigger Order or Market Order.

  6. Input the amount of crypto you wish to trade, or select a percentage of your available funds to use.

  7. Once you have confirmed the details, click the [Long] or [Short] button to open a position.

FLOKI Perpetual Swap Contract Specifications

Disclaimer: This material is for information purposes only and does not constitute financial advice. Flipster makes no recommendations or guarantees in respect of any digital asset, product, or service. Trading digital assets and digital asset derivatives comes with a significant risk of loss due to its high price volatility, and is not suitable for all investors. Please refer to our Terms.