Binance Pay has integrated Floki (FLOKI), allowing its over 12 million users to make purchases globally. This news follows an eventful period for Floki, with the announcement of potential partnerships for the World Table Tennis Championship and the launch of a roadmap that includes digital banking accounts and staking services. Currently trading at $0.000208, FLOKI has experienced a slight decline in the last 24 hours but is still below its all-time high, with some analysts predicting future price increases.
Over 12 million users of Binance Pay, a cryptocurrency payment solution with partnerships with numerous online and offline merchants, are now able to utilize the dog-themed memecoin Floki (FLOKI) for purchasing goods and services worldwide.
This announcement follows a series of significant developments for Floki in the past few weeks. Floki and its associated project, TokenFi, a crypto and asset tokenization platform, have reportedly secured the position of official partners for the World Table Tennis Championship, hosted by South Korea this month, which is anticipated to attract an audience of 450 million.
Furthermore, the Floki development team has unveiled a project roadmap that encompasses the introduction of a financial product, offering regulated digital banking accounts with FLOKI tokens as the funding source. The project also aims to provide staking services.
At the time of writing, FLOKI is trading at $0.000208, representing a decline of over 8% within the last 24 hours. Despite this, pseudonymous trader Kaleo, with a significant following of 633,900 on X, a social media platform, expressed optimism regarding Floki's potential to surpass its all-time high (ATH) of $0.0003365, which was achieved in November 2021.
Kaleo stated, "In my estimation, it won't be held back beneath the ATH resistance level for much longer. A price discovery phase is imminent, leading to new highs in the range of approximately $0.000340 for FLOKI."
This development marks a significant step in the adoption of Floki as a viable payment option, further enhancing its utility and increasing its potential for growth in the cryptocurrency market. The integration with Binance Pay provides a gateway for FLOKI to reach a vast user base and expand its presence in the global e-commerce landscape. As Floki continues to gain traction and secure partnerships with reputable organizations, its future trajectory remains a subject of keen interest among investors and cryptocurrency enthusiasts alike.
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