Floki (CRYPTO: FLOKI) has seen a notable 16% surge in the last 24 hours, overshadowing the performance of meme cryptocurrencies like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB).

What Happened: At the time of publishing, FLOKI was trading at $0.000040. DOGE, SHIB were up 4% in the last 24 hours.

This comes as Floki core team member and Head of Operations, B, in an AMA with the Floki community talked about the much-anticipated Valhalla, a play-to-earn NFT metaverse game.

B emphasized the significance of the Valhalla project, stating, “Based on careful analysis of the data, and the fact that we can only do this mainnet launch once — and also due to the fact that the success of its launch could be of existential significance to Floki, we will only launch Valhalla mainnet during perfect market conditions.” 

B also noted that for Floki, Valhalla bears more importance than even a Binance listing.

The Core Contributor added, "While BTC has been incredibly strong lately, it is important not to mistake the current market for a full bull run yet. It is a bull run, don't get me wrong… but not yet the kind of bull run in which you want to launch your most important product."

See More: Dogecoin HODLERs Are Beating Shiba Inu With 57% Landing In Profits, IntoTheBlock Data Reveals

At the time of writing, TokenFi was trading at $0.049, up 19% in the last 24 hours.

Photo by Maurice NORBERT on Shutterstock