Fri, November 22

Floki Launched NFT Sale to Support Turkey Earthquake Relief

Editors News
  • Floki opened an NFT sale to pledge to Turkey earthquake relief.
  • FLOKI’s price surged over 99% in a week.

The Floki ecosystem is added to the list of significant big shots that contributed to Turkey’s earthquake. On Monday, Floki announced an NFT sale to support earthquake relief efforts in Turkey. That featured “Turkey’s flag” in the form of 1.08 mins video and was named “Floki’s Turkey Earthquake Relief NFT”. The price of Floki NFT is about 0.05 ETH, which is currently worth around $84.85 and available on the OpenSea marketplace. 

On February 6, 2023, the news of the deadly estimated 7.8-magnitude earthquake that hit Turkey and surrounding countries shocked the world by reporting more than 47,000 deaths due to its catastrophic consequences. After that, Turkey and Syria’s nation split, and the victims received various forms of support from around the globe. Also, the leading cryptocurrency companies and exchanges have committed to supporting Turkey in any manner they can.

Floki’s Utility Token 

The dog-themed memecoin, FLOKI, is people’s cryptocurrency and governance token of the Floki Ecosystem. The crypto token was founded by fans and members of the Shiba Inu community and inspired by Elon Musk’s dog Floki. 

Recently, Floki was buzzed on social media by Musk’s tweet promoting his dog for the position of “New CEO of Twitter”. Also, that prompted Floki’s price surge. According to CoinGecko, FLOKI is up around 99% in a week and 280% in a month. At the time of writing, the meme coin traded at $0.00004211 with a market cap of $409 million. And Floki has a 24-hour trading volume of $50 million. 

Floki (FLOKI) Price Chart (Source: Tradingview

Moreover, prominent crypto exchanges such as Bybit, BitMex, BitFinex, and Binance have pledged their support. Further, Ethereum Founder Vitalik Burterin contributed around 149 ETH towards Turkey’s earthquake.

A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.