Floki Developers Look to Improve Token Fundamentals With New Trading Bot
Floki developers have introduced a trading bot tool that enables FLOKI holders to trade any token on the BNB Chain network. The bot, which will initially be available to a select number of users for beta testing, is expected to be publicly available in mid-June. Plans are in place to expand the service to the Ethereum and Base blockchains. The bot charges a 1% transaction fee, with half of the collected fees used to purchase FLOKI on the open market. This is anticipated to increase demand for FLOKI tokens, as users need to hold the coin to use the bot. The bot is part of Floki's ongoing development of utility tools and a metaverse. Floki, originally a meme coin themed after the Shiba Inu dog breed, has rebranded as a utility token that fuels Floki-based protocols and products. The price of FLOKI has risen by 17% in the past 24 hours.
