- AliExpress adds support for Floki payments via shopping plugin.
- Shoppers paying in crypto will also be eligible for 10% cashback.
- FLOKI continues its China push with the upcoming Valhalla game.
Once deemed the CEO of Twitter by Elon Musk, the horned dog-themed memecurrency Floki (FLOKI) is back in the spotlight. Floki’s Asian sprint seems to be going well, as the memecoin soared 10% last weekend after being featured on CCTV-5, the main sports channel in China.
Indeed, the TV appearance spread the word to around 100 million viewers. The boost is also evident in the trading volume, which skyrocketed by 400% the same day the “Powered by. Floki.COM” banner decorated the 2023 World Table Tennis Championships.
How to Pay in FLOKI on AliExpress
The ability to pay in $FLOKI was made possible by Shopping.io, a Web3 plugin, which works with AliExpress, Walmart, eBay, and Home Depot. Interestingly, Shopping.io supports quite a few smaller-cap memecoins, including Pepe (PEPE), Dino (DINO), Kishu Inu (KISHU), and several others.
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While bigger market cap memecoins like Shiba Inu (SHIB) and ApeCoin (APE) are also supported, it’s not possible to pay in Dogecoin (DOGE). However, paying for your ordered goods on AliExpress in $FLOKI takes only a few steps.
Initially, the user has to choose Shopping.io as a payment method on the shopping cart page and then select their preferred coin in the expanded list. After this, they will be prompted to complete the transaction on Shopping.io and receive confirmation.
Finally, Shopping.io’s Web3 plugin users can get a 10% cashback in the payment processor’s native $SHOP token. These Shopping.io (SHOP) tokens can cover shopping expenses across all supported marketplaces online.
On the Flipside
- Meme currencies are often besmirched for not having as much utility as Bitcoin or Ethereum.
- AliExpress inclusion of FLOKI proves that smaller-cap memecoins can have just as much utility.
Why This Matters
Floki is a widely-covered memecoin despite a relatively small market capitalization.
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