Home web3.0 Floki Inu (FLOKI) Becomes the World\'s Largest \'Play to Earn\' Cryptocurrency, Valhalla Mainnet Launch to Propel Dominance in the P2E Crypto Market

Floki Inu (FLOKI) Becomes the World\'s Largest \'Play to Earn\' Cryptocurrency, Valhalla Mainnet Launch to Propel Dominance in the P2E Crypto Market

Jul 22, 2024 am 08:33 AM

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 Inu (FLOKI) Becomes the World's Largest 'Play to Earn' Cryptocurrency, Valhalla Mainnet Launch to Propel Dominance in the P2E Crypto Market

Floki Inu (FLOKI), a cryptocurrency known for its meme status and involvement in the play-to-earn (P2E) sector, has recently achieved a significant milestone. According to data from CoinMarketCap, FLOKI has now become the world's largest P2E cryptocurrency, surpassing established players in the domain.

This achievement is particularly notable as Floki's NFT metaverse game, Valhalla, is slated to launch on the mainnet later this year, a move that is strategically poised to bolster Floki's presence in the P2E crypto market.

Set in the Viking era, Valhalla boasts an immersive gameplay experience that incorporates Vera, a creature akin to Pokémon that can be upgraded and engaged in battles. This unique gaming concept is anticipated to garner a substantial user base and bolster Floki's standing within the crypto market.

Over the past 24 hours, FLOKI's token has seen a price increase of 6.17%, currently trading at $0.0002001. Among the top gainers, FLOKI is joined by another meme token, BRETT. At the time of writing, FLOKI's market cap stands at $1.91 billion, having briefly approached the $2 billion mark earlier on.

In a recent development, notable crypto influencer Shielby shared a FLOKI price chart, indicating a further bullish trend in the works as the token successfully breached its nearest resistance level. Shielby also touched upon Dogecoin (DOGE) in the conversation, highlighting its potential to serve as a key catalyst for the price movements of both FLOKI and SHIB.

Earlier this month, CNF reported on Revolut's launch of the Floki Learn course, a move that is set to broaden access to the FLOKI ecosystem and its DAO-powered utility coin. This initiative is expected to garner additional interest and acceptance of FLOKI.

Moreover, certain analysts have accorded the dog-themed token with positive remarks. During the crypto market dip in early July, popular analyst TimelessBeing highlighted Floki Inu's resilience, suggesting that this strength paves the way for the memecoin's future optimistic endeavors.

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