FLOKI Advances Blockchain Gaming Ambitions With Valhalla Mainnet Launch and Esports Partnership

cryptonews.net 05/07/2025 - 17:02 PM

FLOKI

FLOKI is trading at $0.00007417 as of July 5, up 1.32% in 24 hours, with its broader memecoin sector seeing a 1.79% increase according to CoinDesk Research’s technical analysis model.

Although categorized as a meme coin, FLOKI’s ecosystem features gaming-related functionality, including NFT characters, play-to-earn mechanics, and in-game rewards. The recent Valhalla mainnet launch marks its ambitious gaming milestone.

On June 30, 2025, the Valhalla blockchain game was launched, inspired by Norse mythology. It runs on opBNB, a Layer-2 network for fast transactions. Players control customizable NFT characters in a browser-based MMORPG that features combat, exploration, and blockchain-backed rewards. The economy revolves around earning FLOKI tokens through in-game tasks and battles.

The FLOKI team has committed millions to fund development, marketing, and in-game incentives, aiming to create a sustainable blockchain gaming ecosystem.

FLOKI has partnered with Method, a renowned esports organization, to produce onboarding materials and live coverage for Valhalla, targeting traditional gamers and crypto enthusiasts. This partnership includes branded jerseys and appearances in tournaments throughout 2025 and 2026, to increase community awareness.

These developments are crucial for FLOKI’s evolution, aiming to transcend its meme origins and establish itself at the intersection of Web3 technology, entertainment, and digital asset ownership.

Technical Analysis Highlights

  • FLOKI rose 4.7% from $0.0000749 to $0.0000741 from July 4, 15:00, to July 5, 14:00.
  • The peak price of $0.0000762 was recorded at 06:00 on July 5.
  • A breakout at 06:00 coincided with the highest volume spike of 44.98 billion tokens.
  • Support formed near $0.0000737; resistance was around $0.0000762.
  • Last-hour trading (13:06 to 14:05) saw a recovery from $0.0000740 to $0.0000741.
  • A volume spike of 3.08 billion tokens at 13:41 confirmed support around $0.0000742.

Disclaimer: Parts of this article were generated with AI tools and reviewed by our editorial team for accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.




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