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Highlights
- Floki has topped the 417,000 holders globally
- The protocol has recorded series of growth milestones over the past year
- The memecoin plans to build another school in India
Memecoin project FLOKI has hit a historic milestone in its user count, proof of its fast-growing global ecosystem.
The FLOKI Milestone and Reward Scheme
In celebration of achieving 417,400 holders on the BNB Chain, FLOKI said it is now offering holders the opportunity to claim FLOKI interest rewards shares. This announcement, made to members of the community on X, is to mark the major achievement.
There have been significant milestones for FLOKI including its recent listing on Binance Thailand and a peak followership of nearly 600,000 on X, achieved through active community growth. These notable improvements have sparked speculations of a possible change in its price trend.
The growth recorded by FLOKI might be tied to unique strategies to add value to its ecosystem. First, the memecoin project launched TokenFi, its tokenization project to tap into the growing niche. The protocol is also known for intense token burning, setting the price on a course for long-term growth.
This burn is also poised to be applied with the new reward scheme. As per the post, any unclaimed tokens will be burned at 12:00 AM UTC. Though celebrating the significant achievement, Floki is cautious about keeping supply tight to avoid impacting prices. At the time of writing, FLOKI is up by 2.68% in 24 hours to $0.0002798.
FLOKI’s Philanthropic Mission In India
Meanwhile, Floki is planning to make its presence felt in India. According to the revelation, it plans to build schools in India as part of its initiative to enhance education in developing countries. This is one of the notable Floki‘s broader philanthropic culture.
FLOKI TO BUILD ITS NEXT SCHOOL IN INDIA! 🇮🇳
We’re THRILLED to announce the next step in our philanthropic mission to build schools in developing nations of the world.
Following our successful projects in Nigeria, Laos, Guatemala, and Ghana, we are now planning to build a school… pic.twitter.com/wTXMvulmZ4
— FLOKI (@RealFlokiInu) June 9, 2024
According to Floki, this Indian project is the next step in its “mission to build schools in developing nations around the world. Following successful projects in Nigeria, Laos, Guatemala, and Ghana, FLOKI is now focused on India.”
India, the most populous country in the world is also known for its rich cultural heritage. However, the nation faces considerable challenges in providing access to quality education. Thus, Floki aims to contribute to the country’s educational progress by establishing a new school.
To ensure the speedy accomplishment of its mission, Floki is also extending an invitation to interested NGOs in India to partner on this initiative. It called on organizations that wish to collaborate to reach out to its team to make it happen for millions of out-of-school children.
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