After the new token plan announced by the Floki (FLOKI) team, the FLOKI price started to rise.
According to the statement made by Floki’s main developer team, FLOKI token staking feature introduction, however, a new utility token is planned to be developed.
To win this token, whose name has not yet been determined, Staking with FLOKI token It will be necessary. Floki team created a new token does not plan to hold presales. The majority of the token’s supply will be available only by staking FLOKI.
“B” from Floki’s main developer team said the following about the plan they developed:
“Users will be able to earn this token, which will be given as a reward, by staking FLOKI tokens for a period of 3 months to 4 years. As a result, we anticipate that a significant amount of FLOKI tokens will be locked for a long period, which will both significantly reduce the amount of FLOKI in circulation and add value to FLOKI.”
Floki was developed during the meme token craze that started in 2021. According to CoinGecko data, FLOKI, at that time Gained more than 100 times value but later lost most of these gains.
FLOKI, which can be used on Ethereum and Binance Smart Chain, is a payment method within the Floki ecosystem.
According to CoinGecko data, FLOKI, after new plans for the future were announced gaining 9% in value $0.00001944 rose.