Floki Inu Coin: The Next Dogecoin or Shiba Inu? (Here's the Truth...)

[00:03] people like you and me who are starting to make their first investments are actually beating the suits you know what i mean it all started with gamestop and amc and that really led into like a frenzy of new people investing and then

[00:18] that's when this dog came along not this exact dog more on this dog in a second but this is a sheba inu and unless you've been living under a rock you've heard of crypto and you've probably heard of dogecoin now dogecoin

[00:33] heard of dogecoin now dogecoin absolutely went crazy in 2021 and it's they're literally getting rich and it's changing their lives and that kind of started a whole wave of other coins where now we have sheba in them and both

[00:47] of these coins have gone absolutely bonkers but the problem with that is you don't want to fomo into something after it's gone 50 million percent or whatever shiba inu's done it's insane and they're both shiba you know and dogecoin are

[01:01] both like 30 plus billion market caps which means for it to double the market cap has to go to 60 billion and they're already top 10 cryptos so it's it's just you're not going to see it do it 10 times from here however that's where

[01:17] this dog comes into play and this is actually elon musk's dog named floki and that's where the whole idea of the flokie enu coin came about and that market cap is only 1.7 billion and it's got more utility it's just it's just in

[01:33] my opinion a better coin a better community and it's at the point right now where you can still get those 5 10 20 30 x's and it's trending like crazy so make sure you watch this entire video because i'm gonna explain all of that to

[01:47] you and really explain why i just sold all of my altcoins and bought floki so definitely if you want to learn about crypto or you're maybe one of those people who saw the whole thing with dogecoin happen and then you just saw

[02:00] the whole thing with shiba inu happen and you're like really feeling that fomo into something that's already gone parabolic right so floki is your second chance at getting those insane gains that you're feeling like you missed out

[02:16] sure to smash the like button let's get into the video what's going on guys little bit in the intro this video is going to be about floki but this is going to be super in depth and i'm going to be going over a ton of valuable

[02:31] about but before we get started i want to say two very important things really quick first i want you to understand that i'm not a financial advisor i'm not being paid to make this video and all of these opinions are 100

[02:45] my own and more importantly 100 of the money i spent on floki is 100 mine that i made with my own hard work i say this because i know there's a lot of suggesting to you to buy something when they're not financial advisors but

[03:01] they're also getting paid to promote these trash tokens and being super sketchy about it and not being upfront like it's just shady and that's not me and second which is kind of like more on that it's if you've ever seen my content

[03:16] content about investing i i've made a couple videos but most of my content if we go to my channel you can see it's mostly about how to make money online make money on youtube and i'm mentioning that because i feel like some people

[03:31] this because you're making something that's not about that when really it's just sometimes i don't feel like making my normal content you know what i mean i'm super heavily invested and interested in investing and crypto and i

[03:46] just felt like making some content about something that i'm interested in plus it has the possibility to make money for you and me spoiler alert this is the day after i made that intro to this video and i'm up a fat bag and i'll reveal

[04:01] make sure you watch this entire video you don't skip ahead because this is some super important information and it's also time sensitive and you don't i'm going to try and structure this video in a way that not only makes sense

[04:15] for beginners but it also gives value to everyone whether you're a beginner or you're advanced because i'll be revealing some huge catalysts that are the real reason i bought floki and why i believe it's gonna be the best

[04:28] investment i've ever made so with that being said let's start off with how did the floki inu coin actually get started well it all starts with dogecoin actually and without getting too deep into doge basically in december of 2013

[04:42] two guys started it as a complete joke with a literal meme they then posted that meme to a forum and a community got built around dogecoin so this is coinmarketcap.com and you can see back in 2013 it was at a tenth of a penny

[04:59] right so nothing really happened until 2021 right here sure it had some fluctuations back in 2017 2018 but nothing compared to 2021 and that's the nothing compared to 2021 and that's the true power of momentum which is exactly

[05:13] what's happening with sheba and floki right now and i want to show you something very interesting okay so if we go to market cap right here and we scroll in you see this little blip right here this little one super small zoom in

[05:26] a little bit super small okay so it went right here from like a 500 million right here from like a 500 million market cap to now a 1.3 1.2 billion market cap and at this point everyone was saying dogecoin's gonna die you

[05:39] gotta sell it and at the point that was at that was their all-time high that's what happened it went all the way up to what almost an 80 90 billion dollar market cap at its high so that's that's the crazy thing is because

[05:55] this little blip is right where floki's at right now so it's got a lot of room to grow whereas dogecoin and sheeb like i mentioned they don't have that much room so just let that sink in for a second and then after dogecoin and all

[06:09] this stuff happened there was a lot of other coins coming after it dog coins meme coins and the biggest one was and is shiba inu which is just literally the name of the breed that the dogecoin meme was which is a shiba inu dog breed and

[06:25] in my opinion what sheba inu did was really solidified that this isn't just a one-off thing you know what i mean it's possible to happen for other similar projects and then that leads us to june of 2021 where probably the most

[06:40] influential person in the entire world made a simple tweet literally a tweet with what seven words and it said my shiba inu will be named floki and that's when and how floki inu got started so now that you

[06:54] understand the backstory of all that the next question would be like so what is the floki coin and before i explain that i want to give some context again on what dogecoin and what sheba are because it's super important to understand that

[07:08] to actually see why floki is different and my and in my opinion better all right so this is future thomas editing this video i was with my daughter this weekend so it took a little longer than expected to finish

[07:21] say so like i just said i was going to explain what doge and sheba are so you can understand why floki is better and i realized as i'm editing this i'm like i kind of sound like a hater and i wasn't really hating at all i was just stating

[07:35] facts and giving my opinion but i could have said a couple things better so i just got rid of that whole clip and i'm just going to give a quick rundown about forward okay so doge was created as a joke they have an

[07:50] inflationary coin so there's no max supply basically your current supply of doge what you're hodling becomes worth less as time goes on okay their blockchain what their code is built up of was built based on litecoin which is

[08:05] like a bitcoin spin-off and really there's no utility the only thing they can really do is take payments and when it comes to just straight payment processing there's obviously better options out there okay even in the

[08:20] options out there okay even in the crypto space now so as of right now dogecoin's utility doesn't really do anything okay shibe learned from dosh obviously they're like a spin-off of doge dogecoin created this

[08:33] community tons of good things about doge right but shebe learned from them when they created their token not only did they make it deflationary so your your coins that you're huddling become worth more

[08:46] as time goes on as supply decreases but they also created it on the ethereum blockchain as an erc20 token so they're like basically coded into ethereum's blockchain and pretty much like a ton of other top crypto and

[09:02] d5 applications decentralized finance are built on ethereum's blockchain like uniswap and tons of other ones for example but basically it gives them the ability to use smart contracts so sheeb actually has real world utility

[09:18] because now they have their own exchange swapping deal and staking capabilities where they can now use smart contracts and take advantage of being an ethereum token basically so my thought on that

[09:32] was just that there are many other coins and applications out there that are more mainstream that do the same thing and i didn't see the reason why someone would use sheep for that exact reason now that's me being very naive i haven't

[09:46] come at me i'm just saying that's my opinion on that besides that it's like light years ahead of doge's utility currently but like i said in my opinion floki their utility is it's gonna matter more in my opinion and

[10:02] right so that's that's all i'll say there but that leads us on to what floki is so first off floki is the only one out of those three that can not only be on the ethereum blockchain but also the binance

[10:19] smart chain and the binance smart chain is basically binance coin it's the third largest crypto under ethereum that's their competitor to ethereum which allows smart contracts so not only does being able to be used on binance smart

[10:32] chain give access to an entire new community of people but binance has way lower gas fees like i'm talking i think it was like 200 to buy on ethereum so if thousand go with binance because it's like a dollar and pancake swap is by

[10:49] nance's exchange whereas uniswap is with ethereum and at the end of the day that's just not possible to have that option with doge or shiba but the crazy thing is that doesn't even scratch the surface because floki is capitalizing on

[11:02] something that is not only trending like crazy as you can see on this google trends page right here it's insane right now but this is probably going to be bigger than any of us could ever imagine and that's nfts now for a little context

[11:18] an nft is a non-fungible token and it's basically on the blockchain and it can be delivered into a lot of cool stuff using smart contracts and people can turn pretty much anything into an nft for example jack dorsey ceo of twitter

[11:33] for example jack dorsey ceo of twitter and square sold his first tweet he ever and square sold his first tweet he ever made as an nft for over 2.9 million dollars and a lot of people just joke and say no it's just a jpeg it's just a

[11:45] picture on the internet but what a lot of people don't know is that whether your nft is a picture of a tweet music art picture whatever it is it also almost always comes with a specific utility and that utility is either gonna

[12:01] produce something for you or give you access to something and i'm not even really in the nft space like that but from an outsider looking in it really does truly feel like the early days of the internet it's just so cool to watch

[12:14] and here's the thing not only is floki taking advantage of the momentum and taking advantage of the momentum and being early in the nft space by creating their own nft marketplace where they're also going to sell merchandise

[12:27] also going to sell merchandise but they're literally creating an nft gaming metaverse where people can play to earn crypto and this is a huge thing going on axionfinity was probably the first one to do that and there's people

[12:41] making so much money playing a literal video game online and earning nfts in crypto and by the way they're not just talking about doing this i know a lot of general will say something but not actually do it the flokie inu team is

[12:56] on their twitter page where they're showing just a little bit of what they're doing right here and it's just so crazy to see them actually working hard and here's another picture of them like showing the characters getting

[13:09] built and they're actually doing it i mean they're building a metaverse where people can play to earn this is something like you see here dogenship never did this okay and remember floki is only four months old and they're

[13:23] already doing all of this with no like centralized backing okay it's crazy and another reason to be a part of floki is they're adding something called floki inuversity which is by the way like the best name ever but it's just gonna be an

[13:37] where it's just a bunch of crypto education which will really help beginners out so if that's you just another great reason to be a part of it and also i should mention this before we move on on their website they have an

[13:50] faq and they talk about floki version two that was launched which basically just says that the initial developer started it and there was some issues with how he created it and basically he left and then the community took over so

[14:03] now it's community driven project so everyone is all like they have reason for everyone to do good it's not just one person who owns 50 of the coin or 30 and dogecoins position you know what i mean so if we go to dogecoin right here

[14:18] and go to holders you can scroll down and see look at right here one person owns almost 30 if they sold it they'd rip the rug out on all of dogecoin you know what i mean the highest person that owns something

[14:30] the highest person that owns something on floki is 14 is dead so they burn that is eight percent okay that's nothing and below that it's eight percent four percent and then no one over two look at that so there's really no chance of the

[14:43] the rug getting pulled out which is very important in crypto okay because that coins or whatever you want to call them so now that you understand all of that i want to talk to you about what some would call if floki inu was like a real

[14:55] company they would call it fundamentals so i'm gonna talk about the fundamentals of floki as well as some major catalysts that i believe will make the price just explode so let's start off with the fundamentals if people were looking at

[15:09] the fundamentals of a company on the stock market they'd be looking at things like customer growth they'd see if the website or store sales are going up they'd look at their balance sheet they'd look at how they're spending the

[15:21] money on their balance sheet and a couple other things obviously this isn't a company on the stock market but there's some similarities okay so the first fundamental reason for me buying floki is definitely the fact that elon

[15:35] floki is definitely the fact that elon musk has a dog named floki okay i can't even lie that's part of it right because elon musk like i said he's probably the most influential person of our generation definitely if not ever you

[15:48] know which is crazy to say probably not ever i don't know but he's he's doing a lot you know what i mean like if we get to mars it's him electric vehicles him things that have never been done him and he has a huge following and people

[16:02] follow what he says the first time he tweeted a picture of floki floki inu went 50 from one image is crazy so that definitely drives customer growth or

[16:16] holders of floki and now anytime elon musk talks about his dog or shares a is bound to go up and that's just straight facts but something i want to show you that's on their twitter page which is right here it's the 29th as i'm

[16:31] recording this october 29th this was one day ago october 28th 5 41 am they had day ago october 28th 5 41 am they had 170 000 holders or customers whatever today by the way just scrolling on their twitter they're super active way more

[16:45] twitter they're super active way more active than doge or sheba which is super more right here eight hours ago so this is eight hours ago today two hundred thousand

[16:59] holders it's crazy the growth that's happening right now and the best part of all of this is elon musk didn't make a tweet recently there wasn't really any tweet recently there wasn't really any big news recently a lot of it is organic

[17:13] growth because they've been trending on twitter for four days straight organically and then there's just people making videos about floki and a lot of them as far as i know the bigger ones weren't even paid so it's going to the

[17:26] point where people are starting to make videos about floki like me and again organic growth but that doesn't mean they're not paying for marketing because they have a huge marketing budget and they're doing something very smart with

[17:40] it and how it works is there's a three percent tax on the transactions when flowkey is purchased right so it goes to a public account which right here is on my page right now and that is what they use for the marketing budget and you can

[17:55] see right here they have 22 million dollars in there just of floki and not for marketing which i'll get to in a second but they literally use this if floki dips for example they buy the dip which pretty much is like a company

[18:10] buying back shares which gives the shareholders more value okay so that's just something that a lot of people don't talk about i've personally never seen that but that's just dope but now spending that marketing budget and a

[18:24] couple other things are part of the catalysts so now i'll mention those and i'll start with the paid marketing since we were just talking about that but basically they've already done a little bit it started in london on billboards

[18:36] on the side of buses and also in the underground subway in london and it looks like also in switzerland they're doing billboards and digital signs like that so that's dope but that's already happened or is happening now something

[18:50] that hasn't happened that i think is going to be huge and this is the first of the two things i'm about to mention so right here this is aimed at the united states audience and you can see they're going to be featured on cnn espn

[19:05] they're going to be featured on cnn espn fox news msnbc cnbc discovery fox business and it's expected to reach 100 million which is crazy but it's going to be for a full month starting the first week of december now that's not it

[19:19] they're doing a massive airport campaign in dubai and dubai is like the richest city in the world okay so it's gonna be crazy you can see right there what it's crazy you can see right there what it's gonna look like 186 banners and

[19:33] billboards in strategic locations look at that that's crazy at that that's crazy 25.7 million impact expected of people with money and that starts november 1st so those are two big things that i'm

[19:45] super excited for but the crazy thing is that's not even the biggest catalyst in my opinion however i will say it's super important that the team is capitalizing on this momentum i mean you look at gamestop they failed to really

[19:59] capitalize on the momentum amc did a lot better but a lot of businesses and cryptos just don't capitalize and they're crushing it but in my opinion the biggest and most important catalyst for every coin is getting listed on

[20:14] their first major exchange and that's usually coinbase or robinhood for example if dogecoin wasn't listed on robinhood none of this right now would be happening there would have been no dogecoin run or nothing like that

[20:27] because it just makes it where people can buy whatever coin they want and literally a few clicks and not only is it super important for that reason but once you're listed on one major exchange pretty much the rest start joining in

[20:40] literally within the month after shiba inu was listed on coinbase it went up a thousand percent ten times your money in literally a month just because it got listed on coinbase and now you can buy shiba on pretty much every exchange

[20:55] robin hood which is a little weird robin hood's kind of been slacking lately but what's crazy is floki isn't listed on either of them and they're still crushing it and i'll mention more on where and how to buy floki in a

[21:10] minute but first i just want to kind of sum up my opinions on the catalysts i just mentioned so basically i personally believe that floki being listed on their first major exchange is going to be the biggest short-term momentum catalyst and

[21:24] obviously like i said that's been proven with sheba and many other coins prior coinbase and robin hood that's a hundred million users who can now buy it in like

[21:36] two clicks that they couldn't before which is crazy to think about what's gonna happen once floki is listed on coinbase for example but what i believe coinbase for example but what i believe is truly the biggest long-term catalyst

[21:48] is definitely when they announce that the nft gaming metaverse is finished in live i think that's going to be huge because nft's long term just seem like such an interesting thing and that's what i think a long term play is so it's

[22:02] term covered and they're both coming probably sooner than you think for opened up this petition literally yesterday okay yesterday okay and uh it had 2 700 signatures at 5 000

[22:16] local news so it's for them to get listed on coinbase let me refresh it 7 900 in one day okay so that's 5 000 more and it's constantly going up so if you want to help get floki listed on coinbase even faster i'll put this link

[22:31] down below and you can sign it also just one last quick note that i want to add don't know already facebook announced this a couple days ago but i believe that they're actually going to be changing the name of their corporate

[22:46] you guessed it metaverse but they're not like changing the name of the the social networking app that's still facebook but it's gonna change the name on the stock market like the ticker symbol and all that so it's

[22:59] kind of like how google did with alphabet and obviously that's huge for the nft and crypto space like if facebook believes in the metaverse and they're willing to spend billions and billions of dollars to be the top dog in

[23:11] that space and you don't even believe in it i don't know what to tell you because i know for a fact mark zuckerberg hate him or love him he's much smarter than most and definitely much smarter than me but now i think we've probably gone over

[23:23] just about everything except why i bought floki how much i bought and how than i thought it was gonna be so i'm gonna try and speed this last part up a little bit but basically i have a friend on facebook we've been friends for quite

[23:37] some time his name is mario so he's been into floki since pretty much the start like that but i personally just messed with like some big cap cryptos and a lot of stocks but then a few days ago he did a live and he was talking about some of

[23:51] started doing my research and i just liked what i saw plus i didn't want to miss out on a chance to get pretty much like another dogecoin or shiba inu that i saw happen so i was like okay i'm gonna get floki but at the same time i

[24:05] was getting ready to transfer all of my crypto out of coinbase which is just like an app where you can buy and sell cryptocurrency but into a different app called voyager digital which is a pretty new one i personally own the stock but

[24:19] it just exploded it became the partner of the dallas mavericks nba team which is owned by mark cuban who is a huge proponent of crypto by the way but voyager is dope so there's no fees and they stake your crypto so like what that

[24:32] means is i can send all my crypto so seventy thousand dollars worth of crypto to voyager and it will earn let's say five percent a year just for it being in their app so that's 3500 a year that i get completely passively just for my

[24:46] crypto doesn't go up in value and i was earning nothing on coinbase so that's what i was gonna do but i owned probably like 12 altcoins like some larger market cap ones and i realized i couldn't transfer some of them to voyager so i

[25:00] was just gonna sell them all and then use that money to buy floki so i sold them all i got about eleven thousand dollars and then i saw floki dipped ten percent so instead of buying ethereum and transferring it to my metamask which

[25:14] is just the wallet which the video on floki's website right here explains how to buy it by the way so i don't want to confuse you but just watch that video but basically i transferred my own eth to my metamask wallet went to uniswap

[25:27] and exchanged it or swapped it for floki so i still got all that money just sitting in my wallet now which was kind of silly and i don't say that to brag i money he's so cool like i don't know like i worked my ass off for that money

[25:39] and i i'm super frugal and i saved hard and i made good investments and really the money i put into floki which is about 2.5 eth a little under really so it's like 10k a little under 10k that's just part of the profits i got from

[25:52] buying crypto when it dipped way back in was it may and just fyi i didn't go all in this is like three percent of my portfolio so if you go all in don't blame me because i didn't do that but uh i just want to show you where you can

[26:05] actually buy it so if we go to floki right here and you scroll down this is on coinmarketcap.com again and you scroll down you can see the volume right here of where people are buying it so it's pancake swap uniswag and gate.io so

[26:18] if you're investing a small amount i would suggest pancake swap because that's the binance version of uniswap so it's much less in fees and gate.io is like a centralized exchange i've never

[26:32] however uniswap is definitely the easiest option in my opinion because you in the description below to get a voyager account download the app and then you deposit your first deposit and you actually get some free crypto

[26:47] then you simply just buy some eath transfer it to your wallet whether you use metamask or something else and then you go on uniswap and swap it for floki and boom you're a flokie holder and you're ready to ride the rocket ship to

[27:01] the moon but now it's been a little under 24 hours since i first purchased my floki and when i first bought it i got either 9 400 or 9 200 worth after some of the fees and i didn't invest all the eth i don't know why but

[27:17] um basically if we go right here i'm going to reveal how much i have now okay going to reveal how much i have now okay drum roll please my lord 15

[27:30] 281 dollars that's six thousand dollar gain in less than 24 hours i'm telling you this i'm not saying this ain't financial advice but uh that's crazy that's just what i did

[27:45] have any questions leave a comment down below also if you want me to make more investing content i did make a second channel thomas garrett's investing i didn't really know what content i wanted to make on that channel that pertains to

[27:58] on my main channel but let me know if you want to see it on there or if i should just keep doing it on here because i love investing i'm super deep into it and uh maybe i'll reveal my whole portfolio or something like that

[28:11] comments down below love you guys i'll see you on the next video