“Flokimooni is creating an entire attractive defi ecosystem with the most trendy features in the crypto space: Mooni World
It’s a MOVEMENT. “
- Gets access to free publicity because its a meme token and is inspired by the Shiba Inu canine meme movement
- 50% of the supply was burnt.
- Boasts of a loyal social media community.
- The huge supply means 1 FLOKIM has a very low value currently
- Recently launched so will take sometime before the price can stabilize.
The Flokimooni (FLOKIM) is inspired by the Shiba Inu meme movement but it has also tried to combine the attributes of meme tokens with actual utility. Meme tokens without a strong use case will always run the risk of fading out eventually and the creators of FLOKIM seem to have understood this quite early. This is why they have taken the advantage offered by the meme tokens but have not compromised on utility.
Flokimooni is a token built on the Binance Smart Chain network and like Shiba Inu, the developers have brunt half of the initial supply and the remaining is locked for liquidity purposes.
The Flokimooni token is very new but has managed to rally strong support from its community.
At the launch, there were a total of 10,000,000,000,000 tokens but half of them were burnt and remaining were used for providing liquidity. The transaction fees are distributed in the following manner:
6% is reserved for marketing purposes, 3% is redistributed to holders and 1% is reserved for providing liquidity. Flokimooni has a strong network of loyal supporters but its still early days for the token. However, investors who missed out on the Shiba Inu or Dogecoin bandwagon could look at this token since it has a lot of utility and tries to combine the best of both worlds: meme and utility
Tokenomics of FlokiMoon FLOKIM
The initial total supply of FLOKIM was 10 trillion tokens but the supply has reduced since then. 50% of the total supply was burnt and the remaining has been used to provide liquidity. There was no pre-sale and the token is completely decentralised.
- 50% Total Supply Burned
- 50% Locked on Pancakeswap LP for 100 Years
- 6% Marketing Tax
- 3% Holder Tax
- 1& Liquidy
Has FLOKIM been audited and doxxed?
Yes. FLOKIM has been audited by INTERFI. The official site has a lot of information and the whitepaper is listed on the site. The developers also share a lot of information on social media channels such as twitter.
Detailed Review of Flokimooni (FLOKIM)
The Flokimooni token has tried to balance the hype of meme tokens with a strong use case. While meme coins are solely dependent on their loyal following on social media, FLOKIM also wants to get known for its use cases.
Let’s talk about some numbers. The all time high price of one FLOKIM was $0.00000447 on November 14, 2021. It is currently trading at $0.00000144 at the time of writing (Source: CoinGecko). The all time low price was $0.000000094485 on October 26, 2021. Comparing the all time low and all time high price, we get returns of about 1433% which are impressive returns for a token that is still new.
Where and how to Buy Flokimooni?
You can buy FLOKIM on PancakeSwap. As the token matures, it will get listed on more exchanges.
You can buy FLOKIM currently through other cryptocurrencies.
If you already hold some crypto, then you can use the coins to purchase FLOKIM directly through PancakeSwap. All you need to do is connect your wallet such as metamask and select the appropriate coin pair that you wish to use for purchasing FLOKIM (for example: BNB/FLOKIM or ETH/FLOKIM). The decentralised exchanges are a quicker and easier method that guarantees anonymity as you do not have to deposit fiat currencies or complete a KYC process before purchasing the Flokimooni token. You can also use FLOKIM for purchasing other altcoins through the decentralised route as explained above.
What Can you do With FLOKIM?
Hodl as a long term investor: The developers of Flokimooni are planning to launch a decentralised exchange and launchpad. The FLOKIM ecosystem will also host an NFT metaverse and is planning to launch a game. The early hodlers will get NFT airdrops.
However, you can also simply hodl it and gain from its price appreciation in the long term. If you decide to hold the token, you also get 3% of the transaction fees as a reward.
Swap FLOKIM to other BSC tokens: You can directly swap FLOKIM to other altcoins on a decentralised exchange. The process is quick and simple, and is described below.
How to Swap Flokimooni to other altcoins
Simply head over to a decentralised exchange and connect your wallet. Then, select the amount of FLOKIM you wish to spend (factoring in transaction fees) and swap for another crypto token. You will receive the tokens in the same wallet.
Is FLOKIM Legit?
The Flokimooni developers have chosen to remain anonymous but at the same time, the founders communicate regularly through social media and provide regular updates. The coin is completely decentralised with no major whale able to dictate price movement. Sufficient decentralization can ensure that there are no rug pulls. As the token gains more popularity and adoption in the future, the number of holders will also increase providing more stability to the price. The FLOKIM coin has been properly audited and this speaks volumes for its legitimacy.
However, meme cryptocurrencies are a volatile investment instrument, so please use the advice presented in this article to supplement your own research before taking an investment decision.
The Flokimooni developers have disclosed plans to enter the metaverse and NFT space in the future. The holders will get free airdrops once the NFT metaverse is launched. The developers also claim to launch an NFT marketplace along with a decentralised exchange and launchpad. The develoeers also recently disclosed the launch of a metaverse game called Flokimooni World which will function on a play to earn model.
This would ensure a strong use case for the FLOKIM token and the token can also generate passive income for its hodlers through redistribution of 3% of the transaction fee.