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What Makes Meme Coins Like Floki Inu Popular?

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The cryptocurrency market is evolving and among the meme coins the latest star is Floki Inu, the now popular meme coin. It was in June when Elon Musk had tweeted he intends to name his Shiba Inu Floki that led to a developer inspired to make Floki. The coin was made in August by a developer named Ryoshi.

Today whenever Elon Musk shares something about his Shiba Inu it affects the coin’s market. Like in March 2021 he wrote ‘I am getting a Shiba Inu’, in June, ‘My Shiba Inu will be named Floki’ and in September he wrote ‘Floki has arrived’ the meme coin Floki Inu rose by 1,000 percent in 2 days.

This meme coin which is community owned has since then rapidly grown. It has been inspired by Tesla and SpaceX boss Elon Musk’s Shiba Inu, mentions Floki’s website. Now the Floki Inu trades at $0.00007731 with a trading volume of over $16 million.

When a cryptocurrency is associated with a theme it is called a meme coin. Named after a popular dog, the Dogecoin was the 1st meme coin. Shiba Inu and Floki Inu are other meme coins. These meme coins are all hyper volatile cryptocurrencies. Experts are researching the reasons why the meme coins are seeing a steep rise.

The reasons propagated why the meme coins are so popular is one: they have the presence of a strong community and second the presence of strong personality cults. Like in the case of Floki Inu it is Elon Muskwho has thrown his weight behind the meme coin through his tweets. Another reason could be the low entry level prompts retail investors excited to invest in meme coins thus taking their price higher.

From television to the internet platform, Jonathan switched his journey in digital media with Bigtime Daily. He served as a journalist for popular news channels and currently contributes his experience for Bigtime Daily by writing about the tech domain.

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Expert Embedded Hardware Development Services by Integra

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Integra is a seasoned hardware design companies with a decade of experience in the field. Whether you need end-to-end embedded product development or assistance with specific project components, we’ve got you covered. From assessing your requirements to crafting hardware and firmware, to prototype testing, we ensure a comprehensive approach to meet your needs.

Our Offerings

At Integra, we specialize in developing embedded products for a wide range of systems. We excel in implementing projects based on 32-bit microcontrollers, designing electronics leveraging System-on-Chip (SoC) technology, and crafting solutions using 32- and 64-bit Single Board Computers (SBCs). Our expertise extends to creating intricate electronics with enhanced security requirements and a rich array of peripheral devices and input-output capabilities.

Our engineers are adept at crafting secure, cost-effective, and user-friendly embedded solutions for various industries, including consumer electronics, retail, healthcare, mining, oil and gas, entertainment, manufacturing, and more.

Services We Offer

  • PCB Design and Layout: We provide comprehensive PCB design services, ensuring optimal layout and functionality for your embedded hardware.
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Why Choose Integra?

  • Experience: With a decade of experience in the industry, we bring a wealth of expertise to every project we undertake.
  • Custom Solutions: We tailor our services to your unique requirements, ensuring that your embedded hardware aligns perfectly with your goals.
  • Quality Assurance: At Integra, we prioritize quality at every stage of development, ensuring that your embedded systems meet the highest standards of performance and reliability.
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Partner with Integra for expert embedded hardware development services that drive innovation and propel your projects to success. Contact us today to discuss your project requirements and see how we can help bring your vision to life.

 

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