- Floki Trading Bot crosses $11.6M in volume and 10,600+ users, with daily trading now averaging $2.5M.
- Simon’s Cat competition drives user growth with over $3M in $CAT tokens available for trading via Floki Trading Bot.
- Floki Trading Bot boosts $FLOKI buybacks, averaging $10K daily, with 50% of trading fees allocated to buy and burn.
The Floki Trading Bot has reached a new all-time high, surpassing $11.6 million in trading volume and boasting over 10,600 users. This surge in usage marks a forward step for the platform, which now averages a daily trading volume of $2.5 million. As adoption continues to increase, this development highlights the growing prominence of the Floki Trading Bot in the crypto market.
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Simon’s Cat Trading Competition Boosts Floki Bot Usage
Notably, the Floki Trading Bot’s success coincides with the ongoing Simon’s Cat trading competition. Users have the opportunity to earn from a reward pool comprising 1.5% of the total CAT token supply, valued at over $3 million.
To participate, users must trade CAT tokens exclusively through the Floki Trading Bot. The competition has only just begun, and as the value of the reward pool continues to rise, more users are expected to join the contest in the coming weeks.
Moreover, Simon’s Cat has taken notable steps to ensure the security of its tokens. The project has locked over $15 million worth of CAT and BNB tokens on the Binance Smart Chain using the FlokiFi Locker protocol. These tokens are locked for 69 billion years and 420 million years, respectively. This move reinforces Simon’s Cat’s commitment to security, a priority that resonates well with its community.
Floki Trading Bot’s Revenue Contributes to $FLOKI Buyback
In addition to its user growth, the Floki Trading Bot has demonstrated its utility-driven contribution to the Floki ecosystem. The bot generates a trading fee, with 50% automatically allocated to buying and burning FLOKI tokens.
Over the past five days, the bot has accumulated $104,464.93 in fees, averaging $20,892.986 per day. This has led to an average daily buyback of $10,446.49 worth of FLOKI, highlighting the platform’s long-term utility potential.
Despite the rapid progress, marketing efforts for the Floki Trading Bot are still in their early stages. With the Simon’s Cat trading competition gaining momentum and more participants expected, the platform is positioned for further growth in both adoption and utility within the crypto space.
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