According to official sources, on November 7th, FLOKI staking TVL reached a record high of $63.35 million. As previously reported by BlockBeats, over 50% of the total supply of FLOKI's sister token, TOKEN, will be distributed to FLOKI stakers, who can earn these tokens over a 4-year period with an APY of up to 160%.

FLOKI announced on X platform that FLOKI's TVL staking reached $54.4 million, accounting for 17% of the total token supply.

The Floki protocol and Bitget crypto exchange have accused each other of market manipulation regarding the listing and delisting of Floki's TokenFi (TOKEN). The Floki team claims that Bitget listed the token before its launch, while Bitget claims that the Floki team was controlling the initial liquidity in a malicious manner. The Floki team submitted a proposal to launch a staking program with a reward token to the Floki decentralized autonomous organization (DAO) and was in talks with centralized exchanges to list TokenFi. Unfortunately, it is unclear what the initial liquidity of TOKEN was at the time of publication, and previous token launches have resulted in significant losses for investors.

According to the governance platform, the FLOKI new token issuance proposal has been approved with a support rate of 98.51%. According to the Euro Easy OKX market, FLOKI rose by 12.49% in the past 24 hours and is currently priced at 0.0000204 USDT.

Floki (FLOKI) developers plan to introduce staking functionality in exchange for a new utility token. The staking function and new token will increase investor interest in the Floki ecosystem.

Floki, a cryptocurrency that emerged as a response to a tweet by Elon Musk, has formed a strategic partnership with BitGo, a major custodian in the crypto industry. BitGo's impressive portfolio of over $64 billion in assets under management is highlighted in the announcement.

June 28 (Cointime) - Shiba Inu (SHIB), the second largest meme cryptocurrency, is facing selling pressure as investors turn their attention to other meme coins like PEPE and FLOKI. Despite a decrease in popularity, SHIB has secured a major listing on the SBI VS Trade exchange, which now offers trading options for 20 types of crypto assets including Dai and Cosmos (ATOM).

June 22 (Cointime) - The official FLOKI account has provided an update on the progress of their 2023 roadmap, stating that they are close to delivering on several key promises. The update includes a major upgrade to the FlokiFi Locker, which will speed up adoption of the protocol, and a DeFi lending and borrowing integration that will allow users to borrow stablecoins and other crypto using their FLOKI.

June 22 (Cointime) - Last week, FLOKI saw a surge in popularity and price, surpassing other BNB Chain projects in terms of social engagement. The market sentiment towards FLOKI was predominantly positive, as indicated by its weighted sentiment and social dominance.

The official Twitter account of FLOKI, a popular cryptocurrency, has issued a warning to its followers about the prevalence of fake airdrop messages and videos circulating on social media. According to the tweet, scammers are attempting to trick unsuspecting users into connecting their wallets to fraudulent websites, promising free FLOKI tokens.