FLOKI achieves a groundbreaking milestone, with its staking TVL reaching an all-time high of $105 million. This amounts to 25% of the total FLOKI supply, securely locked for up to four years.
Floki hits $105M staking TVL milestone, with 25% of total supply locked. It’s the only major memecoin with significant supply staked. The community is hopeful as TVL reaches $235M, expecting Floki to lead in the memecoin space.
Floki’s Unique Position in the Memecoin Space
#FLOKI JUST HIT A STAKING TVL ATH OF $105 MILLION
That's 25% of the total $FLOKI supply, worth $105,313,899, locked and staked for up to 4 years.
This makes Floki the ONLY major "memecoin" (from $DOGE, $SHIB, $BONK, $PEPE, and FLOKI) with such a huge portion of its supply… pic.twitter.com/p7xhvcJG3x
— FLOKI (@RealFlokiInu) February 26, 2024
Floki, distinguishing itself as the sole major “memecoin” with a substantial portion of its supply staked, sets itself apart from contenders like DOGE, SHIB, BONK, and PEPE. This strategy emphasizes a long-term commitment to preserving value, a unique approach within the memecoin sphere.
The Floki community has responded with evident bullish sentiment, expressing confidence and optimism about the coin’s future trajectory.
Noteworthy TVL figures include $113 million in the FlokiFi Locker and an additional $122 million from the FLOKI and TokenFi staking program. The cumulative TVL across all live Floki products now stands at an impressive $235 million, highlighting the growing popularity and utility of the memecoin.
Floki’s Milestone: A Testament to Community Trust
The recent achievement of Floki, reaching a $100 million TVL milestone, underscores the strong trust and commitment of the Floki community. This milestone reflects a shift in the memecoin space towards more substantial utility and strategic value preservation.
With FlokiFi Locker crossing the $100 million TVL mark, the community is optimistic about securing Floki’s position at the forefront of the memecoin hierarchy. There’s collective optimism regarding Floki’s potential to dominate the competitive memecoin landscape, signaling a significant development for the project.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
Join Cryptos Headlines Community
Follow Cryptos Headlines on Google News
