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Binance Pay Users Given Access to Using Memecoin Floki for Purchases

Apr 3, 2024

A significant portion of Binance Pay's user base, estimated to be over 12 million, now has the capability to utilize the memecoin Floki (FLOKI) for acquiring various goods and services globally.

The memecoin Floki experienced heightened activity in recent weeks, followed by an announcement that claimed Floki and TokenFi, a related platform for crypto and asset tokenization, would serve as official partners for the World Table Tennis Championship hosted in South Korea this month. It's anticipated that this event will draw in an audience of 450 million viewers.

Floki developers have revealed their project roadmap, which outlines the launch of a financial product designed to provide customers with regulated digital banking accounts funded by FLOKI tokens. The project also plans to introduce staking services to its users.

The current trading price for FLOKI stands at $0.000208 at the time of this report. This places FLOKI as the 61st-ranked crypto asset by market cap, with its value having declined by over 8% within the past 24 hours.

A trader known as Kaleo, who has a substantial following of 633,900 on the X platform, expressed his belief last week that Floki is on track to surpass its previous all-time high (ATH) of $0.0003365, recorded back in November 2021. Kaleo predicted a potential new high of around $0.000340 for FLOKI.

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