More than 12 million Binance Pay users can now use the dog-themed memecoin Floki (FLOKI) to purchase goods and services across the globe.
Binance Pay is a crypto payment solution that has partnered with thousands of online and offline merchants.
The Floki announcement materialized after an active couple of weeks for the memecoin.
Floki and its sister project TokenFi, a crypto and asset tokenization platform, are reportedly primed to be the official partners of the World Table Tennis Championship hosted by South Korea this month, which is expected to draw 450 million viewers.
Floki developers have also announced a project roadmap that includes the rollout of a financial product that will offer customers regulated digital banking accounts funded with FLOKI tokens. The project also intends to offer staking services.
FLOKI is trading at $0.000208 at time of writing. The 61st-ranked crypto asset by market cap is down more than 8% in the past 24 hours.
Pseudonymous trader Kaleo told his 633,900 followers on the social media platform X last week that Floki looks primed to soar past its all-time high (ATH) of $0.0003365, which it set in November 2021.
“In my opinion, it won’t be lagging here beneath ATH resistance too much longer. Price discovery soon. Expecting it to make new highs… something like [$0.000340] for FLOKI.”
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