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Floki Inu (FLOKI) enthusiasts recently received excellent news as the popular meme coin managed to reach a deal with AliExpress, a popular online shopping platform.
Thanks to the new partnership, FLOKI users can use the meme coin to make AliExpress purchases, granting the token a very powerful new use case.
While crypto purchases have always been very easy and highly practical due to low fees and quick processing times, a lot of major shopping platforms are still hesitant to use them.
AliExpress, on the other hand, made a bit move by adding support for Floki Inu, as this is likely to bring crypto users who did not use the platform previously.
?? Calling all @RealFlokiInu enthusiasts!?Now you can #SHOP with $Floki on AliExpress via https://t.co/WAhDgOT5KJ! ?
Experience the power of Floki & pay for your favorite items!
What’s even better? Enjoy an additional 10% $SHOP back on every purchase you make! ??
Don’t… pic.twitter.com/f2d94wPKCW
— Shopping.io (@shopping_io) May 31, 2023
Buying on AliExpress with Floki Inu
The new connection will also be extremely meaningful for FLOKI holders, who now may browse a broad range of items that the platform offers.
The action will also likely promote increased FLOKI adoption among AliExpress regulars and help bridge the gap between physical and digital worlds.
Furthermore, users will get to feel the power of their Floki holdings physically after the asset allows them to purchase goods.
Apart from simply being able to use FLOKI as a payment method, those who do it will also earn a unique incentive of 10% in SHOP tokens. In other words, AliExpress users who pay with FLOKI will be able to make money by spending money.
The advantage will also improve their shopping experience and encourage people to try out shopping with Floki Inu.
Apart from being a significant move for Floki and AliExpress, the merger also represents a major advancement for the crypto sector as a whole and also the e-commerce industry.
It will open up new avenues for crypto adoption, demonstrate the potential for using digital assets in online shopping, and inspire other similar platforms to do the same.
While some platforms might follow for the benefits that their users get by purchasing with crypto, there will surely be those who will make a similar move for competitive reasons.
Floki Inu Price Reacts With Mild Price Surge
The move has already affected the FLOKI price somewhat. While the token has been seeing price drops over the last four days, the news of its addition to AliExpress caused the price to recover slightly earlier today.
FLOKI surged from $0.00003099 to a resistance at $0.0000325.
Unfortunately, it was unable to breach this level, and instead, its price got rejected, sinking down to $0.00003191, where it sits at the time of writing.
With this new correction, the price is still up by 0.88% compared to the same time 24 hours ago.
However, the FLOKI volume clearly shows increased usage, as the asset saw a 15.7% increase in its 24h volume, leading it to $26.8 million, which is the highest that the token has seen in the last 7 days.
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