Floki’s fully diluted market cap is $1,138,623, a rise of 11.51 percent, and its volume has nearly doubled over the last day.

The coin boasts a total volume of $2,297,006, marking a 102.73 percent increase since yesterday.

The developer website explains their coin was “birthed by fans and members of the Shiba Inu community”.

They add it is also contributing towards three “flagship utility projects”.