What is Floki crypto?

Floki crypto, or FLOKI, is a meme coin launched in June 2021 and named after Elon Musk's pet dog. It started as one of many dog tokens riding the popularity of Dogecoin, and its team has since tried to attach products to it. The official site now calls FLOKI the utility token of the Floki ecosystem.

Where did Floki Inu come from?

On June 25, 2021, Musk posted that his new Shiba Inu would be named Floki. Decrypt reported that dozens of Floki-named tokens appeared within days. The token first called Floki Inu, and now branded simply Floki on its official site, launched that month, according to Atomic Wallet's guide.

The project is led by pseudonymous community members, Cointelegraph reports, and its fans call themselves the Floki Vikings. It gained attention in late 2021 with ads on London's public transport. In March 2022, the UK Advertising Standards Authority ruled that one poster, with the slogan "Missed Doge? Get Floki", exploited fear of missing out and trivialised investing. The ruling carried no penalty, and Floki disputed it.

What is the Floki token used for?

The official site lists several products tied to FLOKI as of October 2026:

• Valhalla. A blockchain role-playing game with upgradeable NFTs, where FLOKI is the main currency. It went live worldwide on June 30, 2025.
• FlokiFi. DeFi tools, including a locker for tokens and NFTs. The site says 25% of locker fees are used to buy and burn FLOKI.
• University of Floki. An education platform where some features require FLOKI.
• TokenFi. A sister project for creating tokens and tokenizing assets. Staking FLOKI earns its TOKEN.
• Other items. A trading bot, a debit card and a .floki name service.

In September 2025, Valour listed an exchange-traded product tracking FLOKI on Sweden's Spotlight Stock Market. See what a crypto ETP is.

How does the Floki coin work?

FLOKI is a token on two networks, Ethereum and BNB Chain, with a contract address on each. The official site gives a total supply of 10 trillion tokens. Holders can vote on proposals, and KuCoin's guide says the project describes itself as a DAO.

A 0.3% tax applies when FLOKI is bought or sold on decentralized exchanges such as Uniswap or PancakeSwap. KuCoin says it does not apply to trades on centralized exchanges or to bridge transfers. Together with fee burns, this is meant to shrink supply over time. The idea is explained in what a token burn is.

How is Floki different from Shiba Inu?

Both are named after Shiba Inu dogs. Shiba Inu is an Ethereum token with its own layer-2 network, while Floki spans two chains and centers on a game and education. Like other meme coins, FLOKI has no earnings behind it, its price depends on attention, and it can lose most of its value.