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- Floki Inu (FLOKI) becomes the world’s biggest ‘Play to Earn’ cryptocurrency.
- Valhalla, Floki’s NFT metaverse game, is set to launch on the mainnet later this year.
As the weekend approaches, the Floki Inu (FLOKI) team has announced their most recent milestone in the play-to-earn crypto sector. FLOKI is now the world’s largest ‘Play to Earn’ cryptocurrency, surpassing established players such as AXS, SAND, MANA, and GALA, according to CoinMarketCap.
$FLOKI is now the world's biggest 'Play to Earn' cryptocurrency! 🏆
Floki is officially the world's biggest #PlayToEarn cryptocurrency according to @CoinMarketCap, surpassing established players like $AXS, $SAND, $MANA, and $GALA.
This is coming as #Valhalla, Floki's NFT… pic.twitter.com/eh2dcBbM2m
— FLOKI (@RealFlokiInu) July 19, 2024
Valhalla Mainnet Launch to Propel Floki Inu Dominance in the P2E Crypto Market
This milestone is especially noteworthy because Valhalla, Floki’s NFT metaverse game, is planned to launch on the mainnet later this year, strategically positioning Floki to transform the P2E environment.
Valhalla is an immersive game set in the Viking era that has Vera, a Pokémon-like monster that can be upgraded and battled. This novel gaming concept is expected to attract a large user base and strengthen Floki’s position in the crypto market.
FLOKI’s token performance has increased by 6.17% over the last 24 hours, reaching $0.0002001, placing it among the top gainers with the other meme token, BRETT. FLOKI’s market cap momentarily approached $2 billion, but it has subsequently fallen to $1.91 billion as of this writing.
Notable crypto influencer Shielby released a FLOKI price chart, indicating an additional bullish climb after the token successfully broke its nearest resistance level. Shielby also mentioned Dogecoin (DOGE), which is projected to be a significant trigger for the price movements of both FLOKI and SHIB.
CNF previously reported that Revolut has launched the Floki Learn course, which will increase access to the FLOKI ecosystem and its DAO-powered utility coin. This project is expected to generate additional interest and acceptance of FLOKI.
Furthermore, some analysts have given the dog-themed token a positive rating. Popular analyst TimelessBeing noted Floki Inu’s tenacity during the crypto market dip in early July, claiming that this strength lays the groundwork for the memecoin’s future optimistic endeavors.
