HomeNewsFLOKI Soars to New Heights: SHIB Rival Surges 22% on the Back...

FLOKI Soars to New Heights: SHIB Rival Surges 22% on the Back of Exciting 2023 Roadmap Update

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  • FLOKI has seen a 22% price increase following the announcement of its 2023 roadmap, with significant upgrades and integrations anticipated.
  • A mainnet launch of Valhalla, a metaverse game designed to remove FLOKI tokens from circulation, is expected this year, fostering a more exclusive crypto ecosystem.

A momentous leap for the crypto token FLOKI, marked by a 22% surge in the past 24 hours, signals an encouraging response from the market to the revealing of the cryptocurrency’s 2023 roadmap. This leap towards green is the result of comprehensive upgrades and integrations planned for the year ahead, aiming to heighten the utility and adoption of the token.

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On the roadmap forefront is a major upgrade for the “FlokiFi Locker” that will enable the team to incorporate native payments, burn mechanisms, a referral program, and other functionalities. This substantial upgrade is projected to expedite the protocol’s adoption considerably. The upgrade’s code is currently under the scrutiny of the blockchain security auditor Certik, anticipating a swift green light for the launch on the mainnet.

A “Major DeFi Lending and Borrowing Integration” is another key development on the horizon, with plans to incorporate “the biggest lending protocol on the BNB chain”, simultaneously the “second biggest DeFi protocol on the entire chain”. This move will empower Floki users to borrow stablecoins and other cryptocurrencies using their FLOKI, aiming to kick-start the integration as soon as the coming week.

Also in the pipeline is a feature to allow FLOKI staking. Concurrently, the FlokiFi platform is being redesigned to establish FlokiFi Locker as “the most user-friendly locker protocol in the industry”. These features are nearing completion and will be rolled out as soon as the internal checks and bug assessments are done.

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The roadmap also shares the Floki team’s intent to release Valhalla, a utility product and a metaverse game, on the mainnet within this year. This platform aims to withdraw FLOKI tokens from the circulating supply, making FLOKI more exclusive. The mainnet version will include features like Play To Earn, Battle Arenas, and a Chinese version to tap into the crypto interest from China.

In response to these promising developments, the FLOKI token has experienced a significant increase in value, trading at $0.000027649 on the OKX exchange. This increase is likely a reaction to the roadmap update, supplemented by a recent jump in Bitcoin prices, uplifting the entire crypto market.

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Jane Smith
Jane Smith
As a Bitcoin Journalist, I am dedicated to reporting the latest developments in cryptocurrency, with a particular focus on Bitcoin. Through extensive research and interviews with industry experts, I provide accurate and up-to-date information on the ever-evolving world of cryptocurrencies. My goal is to help readers stay informed and make informed decisions regarding their investments in this rapidly changing field.
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