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Floki announced the upcoming release of the Valhalla mobile app and a significant token burn. Floki plans to release a mobile app for its flagship metaverse game Valhalla later this year for iOS and Android users. This move aims to expand Valhalla’s reach to billions of new users around the world, in line with Floki’s goal of becoming the most recognized and used cryptocurrency in the world.
Already existing on the opBNB testnet, Valhalla has gained immense popularity, becoming the world’s most popular cryptocurrency in the metaverse on CoinMarketCap. The game is scheduled to release on the mainnet later this year, further increasing its impact on the crypto gaming space. Meanwhile, Floki continues to dominate social media trends, currently trending alongside other well-known cryptocurrencies such as Luna and Polkadot.
In addition, Floki is experiencing a record number of token burns, with over $404,800 worth of FLOKI tokens burned in the past week alone due to high demand for utilities. These burns, caused by the Floki staking program and the FlokiFi Locker DeFi protocol, contribute to Floki becoming perpetually deflationary, which sets it apart from other memecoins such as Dogecoin and Shiba Inu.
Image: Asia Crypto Today
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