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FLOKI is a cryptocurrency inspired by the Shiba Inu meme culture and designed to empower a decentralized, community-driven ecosystem. FLOKI aims to combine a strong community base with real-world utility through its decentralized finance (DeFi) platform, NFT initiatives, and metaverse integration, offering broad use cases beyond just a meme token.
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Floki (FLOKI) launched in 2021, inspired by Elon Musk鈥檚 Shiba Inu named Floki. Initially abandoned by its anonymous creator, the project was revived by the community, evolving into a decentralized, community-driven ecosystem. The project is led by pseudonymous figures 鈥淏,鈥 鈥淪abre,鈥 and 鈥淢rBrown Whale,鈥 with Jackie Xu as the lead developer, a known blockchain expert. Floki has grown from a meme coin into a platform focusing on decentralized finance (DeFi), NFTs, and the metaverse, supported by its dedicated "Floki Vikings" community.
*聽Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
Because stablecoins* are designed to maintain a peg to fiat currencies, they can be useful tools. Coins such as USDC, USDT and QCAD generally experience lower volatility than other crypto assets.
*聽Although the term "stablecoin" is commonly used, there is no guarantee that the asset will maintain a stable value in relation to the value of the reference asset when traded on secondary markets or that the reserve of assets, if there is one, will be adequate to satisfy all redemptions.
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Disclaimer:聽This content is presented to you on an 鈥渁s is鈥 basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Newton. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Newton is not liable for any losses you may incur.
