Floki Inu Launches Telegram Trading Bot

Floki Inu Launches Telegram Trading Bot

Floki Inu ($FLOKI), a popular meme coin project, has announced the launch of a Telegram-based trading bot for its holders on the BNB Chain network, according to CoinDesk. The bot will enable Floki holders to trade the token without leaving the Telegram platform. The trading bot, which is set to go live in mid-June, will charge a 1% fee on all trades, with 50% of the collected fees used to buy back $FLOKI from the market. The Floki team believes that this service will "lead to more FLOKI buying volume since users would need to hold the token to use the bot." The team also mentioned that the bot will eventually be expanded to include Ethereum and Base Chain support. Additionally, the developers highlighted that the trading bot is integrated with a Telegram wallet, making it convenient for users to buy, sell, and hold FLOKI without leaving the Telegram app. Floki Inu has gained popularity in recent months, with its market capitalization reaching over $1 billion at one point. The project's focus on charitable initiatives, including donations to animal shelters and disaster relief efforts, has also contributed to its growing community. The launch of the Telegram trading bot is expected to further enhance the utility and accessibility of Floki Inu, potentially attracting more users to the project.