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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Floki Inu Gains Momentum As Chinese E-Commerce Giant Recognizes Its Utility

Christian Encila
Christian Encila
2 years ago
3 mins read

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Created by industry experts and meticulously reviewed
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Floki Inu (FLOKI) is taking a giant leap forward in the world of meme assets. In an exciting development, the team behind this dog-themed cryptocurrency has unveiled a groundbreaking announcement: users can now utilize Floki to make purchases on AliExpress, a global e-commerce giant. 

This unprecedented integration with one of the world’s largest online retailers is set to revolutionize the way people perceive and interact with cryptocurrencies, catapulting Floki Inu to new heights of recognition and utility.

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Floki Inu: Revolutionizing E-Commerce With AliExpress Integration

In an announcement, FLOKI holders can now harness the power of their digital assets to make seamless purchases on AliExpress.

AliExpress is a Chinese-based online retail service operated by the Alibaba Group. It was established in 2010 and is comprised of small businesses in China and other locations, such as Singapore, that sell products to international online shoppers.

You can now purchase products on #AliExpress using $FLOKI through https://t.co/ee0PBRn2Nh!🔥

Buy from a selection of over 100 million items and enjoy shipping to over 200 countries.#FLOKI‘s ecosystem keeps growing!💪🏽 https://t.co/XEeOLamoQ9

— FLOKI (@RealFlokiInu) May 31, 2023

This milestone has been made possible through the integration of Shopping.io, a crypto-focused e-commerce protocol that opens doors for shoppers to utilize various digital currencies for transactions with major retailers. 

Among its extensive list of partner platforms are retail giants such as Walmart, Amazon, eBay, and Etsy, offering an unparalleled shopping experience powered by cryptocurrencies.

Shopping.io serves as a bridge between the realm of cryptocurrencies and mainstream e-commerce, revolutionizing the way digital assets are perceived and utilized in everyday transactions. 

By seamlessly integrating with popular online marketplaces, this crypto-focused e-commerce protocol provides a frictionless experience for users, making it possible to spend their cryptocurrencies effortlessly on goods and services. 

BTCUSD has slightly regained the $27K territory on the weekend chart by TradingView.com

FLOKI Price Impact

The recent announcement of AliExpress accepting Floki Inu as a form of payment has had minimal impact on the meme asset’s price. At the time of writing, Floki Inu was trading at $0.00003184, data from crypto market tracker CoinGecko shows, experiencing a marginal decrease of 0.3% from the time of the announcement and a slight increase of 1.1% over the last 24 hours.

Source: Coingecko

Despite the partnership with the global online retail giant, market dynamics have resulted in modest price fluctuations for FLOKI.

Moreover, analysis has shown compelling insights into the financial positions of the meme coin earlier this week. The findings indicate that 78% of FLOKI owners are sitting on losses if they were to sell their assets at the current market prices.

In contrast, only 14% of FLOKI holders are currently in a profitable position, while 9% are breaking even. 

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XRP $1 Threshold On The Horizon? Noted Trader Fuels Speculation

2 years ago

The marginal price changes observed in the wake of the AliExpress integration should be considered alongside the broader context of the meme asset market.

While short-term price fluctuations may not always reflect the long-term prospects of an asset, it is essential for investors to conduct thorough research and exercise diligence when making investment decisions.

-Featured image from The Cold Wire

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Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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Created by industry experts and meticulously reviewed
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