Crypto NewsAltcoinFLOKI Made Its Expected Announcement and Ranked At The Top With Its...

FLOKI Made Its Expected Announcement and Ranked At The Top With Its Rise Up To 40 Percent!

Floki team announced its new platform and its new token called TOKEN, and its price started to rise.

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While the rise in Bitcoin (BTC) and altcoins continues, Floki Inu, one of the popular meme tokens, took its place at the top with an increase of more than 30% in the last 24 hours.

At this point, the Floki team announced yesterday that it has launched a crypto and asset tokenization platform called TokenFi to benefit from the trillion-dollar tokenization industry.

Floki developers said the platform, called TokenFi, will focus on the emerging real-world asset (RWA) segment in a bid to position the former memecoin project as a serious DeFi contender.

Called TokenFi, the platform allows users to launch any cryptocurrency without writing code.

Stating that the platform will be launched on October 27 at 15:00 UTC, the Floki team said that they estimate that the tokenization industry will be a 16 trillion dollar industry by 2030.

“….TokenFi aims to simplify the crypto and asset tokenization process with the TOKEN code and eventually become the world's leading tokenization platform.

The platform's native digital asset is 'TOKEN', with a total supply of 10 billion tokens divided into BSC and ETH.

The platform will initially launch on five leading Ethereum, BNB Chain, opBNB, Base and Arbitrum networks but will expand to more blockchains in the coming months.

An initial 10% supply of tokens will be added to the Liquidity Pools on Uniswap and PancakeSwap to ensure public liquidity and enable interested parties to trade.

Trading on the Ethereum and BNB Chain networks will be launched at 15:00 UTC on October 27, 2023.”

After this post, FLOKI reached 42% and reached the level of 0.0000426 dollars. FLOKI, which later retreated slightly, is traded at $0.0000391.

FLOKI, which made a post a week ago on October 27, recorded an increase of 140% in the last week after this announcement.

*This is not investment advice.

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