Floki Developers Launch Telegram Trading Bot

In a bid to boost demand for the FLOKI token, developers behind the Floki project launched a Telegram-based trading bot for FLOKI holders on the BNB Chain network. The bot is expected to contribute to buying pressure for FLOKI tokens by charging a 1% fee on transactions, with half of the fee being used to buy FLOKI on the open market.

The Telegram-based bot will initially be available to a limited number of users during a beta testing period, allowing developers to identify and resolve any technical bugs. Developer B stated that public availability is expected in "mid-June."

The move comes as the Floki team continues to explore ways to drive adoption and increase the utility of the FLOKI token within its ecosystem.