Crypto News

Floki Trading Bot Set To Disrupt Market With Innovative Buy And Burn Model

Tomorrow, June 25, 2024, marks the launch of the Floki Trading Bot (open beta) on the mainnet, poised to transform the trading bot landscape.

This new bot could buy and burn up to $5 million worth of $FLOKI monthly, potentially ensuring stronger demand for $FLOKI compared to its competitors like $PEPE, $WIF, and $BONK.

The introduction of the Floki Trading Bot comes at a time when the top five trading bots have seen substantial volumes over the last week. According to “Dex Trading Bot Wars” on Dune, the leading trading bots achieved the following volumes:

– Trading Bot #1: $267 million
– Trading Bot #2: $191 million
– Trading Bot #3: $164 million
– Trading Bot #4: $156.6 million
– Trading Bot #5: $55.5 million

With the industry standard for trading bot fees at 1%, these volumes translate to $550,000 to $2.67 million in weekly transaction fees per bot, averaging $1.66 million weekly per bot. This results in a monthly generation of $6.64 million on average, with a range of $2.20 million to $10.68 million.

More Into The Floki Trading Bot System

Floki Trading Bot aims to capture a significant share of this lucrative market by focusing on speed, user experience, and several unique advantages:

– A strong user base of approximately 500,000 on-chain holders
– Brand recognition among over 3 billion mainstream users
– One of the best marketing teams in the crypto space
– A strong emphasis on user experience

The bot charges a 1% transaction fee, with 50% allocated to a transactional buy and burn of $FLOKI, enhancing its utility, and the remaining 50% directed to the Floki treasury.

This model not only boosts the utility of the $FLOKI token but also generates strong product-driven demand, giving it a strategic edge over other memecoin competitors.

With the launch of the Floki Trading Bot, the landscape of trading bots is set for disruption, and $FLOKI stands to gain significantly from this innovative approach.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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