The Shiba Floki coin is a descendant of the meme coin Dogecoin and operates on the Binance Smart Chain, making it a versatile token easily accessible to investors and crypto enthusiasts.
Its smart sharing formula tends to give back to its holders every time the Shiba Floki is traded or exchanged on various platforms and exchanges.
Specifically, this translates that a 5% commission fee is given to holders of the Shiba Floki coin after every transaction involving the coin.
This feature gives more Shiba Floki back to investors. It is one of the best features of the Shiba Floki coin, which gives it an advantage over man other coins and tokens as not all coins reward their investors and holders with more coins after every transaction.
The Bull Run and spike in the price of the Shiba Floki coin can be attributed to the volatility and inconsistent o the coin market.
Elon Musk’s tweets have also contributed to this bullish trend of the Shiba Floki coin. The Shiba Floki coin started on a bull run after this tweet by Elon Musk, proving how volatile and fast the coin market can be.
Number of Shiba Floki Coin in Circulation
There is a total of 1.000.000.000.000.000 Shiba Floki coins in the supply, of which 5% of each transaction is added to liquidity, and another 5% is distributed and shared among the holders of the Shiba Floki coin.
Remember, as already said in this article, the Shiba Floki coin holders are rewarded through every transaction made on the coin just by holding the Shiba Floki coin.
People Also Read:
How to Buy the Shiba Floki Coin
Though the Shiba Floki coin is relatively new, released around July 2021, it has already been listed in some exchanges and trading platforms.
Though investors cannot yet buy the coin with fiat currency, unlike many other popular cryptocurrencies, it can still be purchased and stored through other means, which will be outlined here.
As of the time of writing this article, the price of the Shiba Floki coin is $0.00 with a matching rank of #2746 on CoinMarketCap.
Its contract address is 0x330540a9d998442dcbc396165D3dDc5052077bB1.
Step-By-Step Guide to Buy the Shiba Floki Coin
- First of all, go to a notable exchange and trading platform and purchase Bitocin BTC after funding your wallet on this platform through funding from your local bank account.
- After purchasing this Bitcoin from a notable exchange, find an exchange that supports the Shiba Floki coin and send the already purchased BTC to that exchange so that you can easily process the next step.
- In this step, swap the Bitcoin in this exchange that supports the Shiba Floki coin for this coin. It is important to note that there might be some charges for a successful swap or exchange.
- After a successful swap or trade, users will store the Shiba Floki coin in the now new wallet of the exchange, which supports this coin.
Using this step-by-step guide is a simple method of getting the Shiba Floki coin for users and crypto investors who are still new to the crypto market.