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With a market cap of $400,843,115.00 USD, FLOKI Inu ranks as the 179th largest cryptocurrency by market capitalization in the world. It is currently trading at a price of $0.000041 USD per coin and trades using the cryptocurrency code FLOKI.
FLOKI Inu is a highly volatile asset capable of major price swings in a single day. So before you buy FLOKI Inu, make sure you understand these unique risks as well as its tax and legal status in Canada.
If you want to buy FLOKI Inu in Canada or track its performance, keep reading to see the latest FLOKI price, market cap and trading volume along with a step-by-step guide on how to invest in FLOKI crypto in Canada.
| Current price | $0.000041 |
|---|---|
| All-time high | $0.00034 |
| All-time low | $0.000000084 |
| 1-year price change | ▼ -67.00% |
| Market cap | $400.84M |
| Market cap rank | #179 |
| Total volume (24h) | $33.81M |
| Circulating supply | 9,655,322,686,477 |
| Max supply | 10,000,000,000,000 |
| Where to buy FLOKI | Buy on Kraken |
This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade or use any services.
The whole process of buying FLOKI can take as little as 15 minutes, and all you need is a smartphone or computer, an internet connection, photo identification and a means of payment. Follow these five steps to learn how to buy FLOKI Inu in Canada:
The easiest way to buy FLOKI Inu is through a cryptocurrency exchange. Choose an exchange that offers low fees, a user-friendly platform or 24-hour customer support. You can easily see top picks in our guide to the best crypto exchanges in Canada, or compare options below.
To create an account on an exchange, you will need to provide an email address, come up with a strong password and verify your identity through a process called KYC, which requires government-issued photo ID.
Once verified, you can deposit CAD using the payment method that best suits you. Common methods like Interac e-Transfer, bank wire and debit card payments are widely accepted on Canadian-friendly exchanges.
You can now exchange your funds for FLOKI Inu. On beginner-friendly exchanges, this is as simple as searching for the coin name (FLOKI Inu) or its crypto code (FLOKI), entering the CAD or FLOKI amount you want to purchase and clicking "Buy."
Consider transferring your FLOKI to help protect against hacks, scams, platforms going bankrupt and other risks of keeping crypto on an exchange.
We've curated a list of legitimate crypto exchanges below where you can buy FLOKI Inu in Canada to help you compare deposit methods, supported fiat currencies and fees.
To make comparing even easier we came up with the Finder Score. Supported coins, account fees and features across 28 cryptocurrency trading platforms are all weighted and scaled to produce a score out of 10. The higher the score, the better the exchange—simple.
The recent FLOKI Inu (FLOKI) price is $0.000041 USD per coin, which is -1.82% lower than the previous day's trading price of $0.000042 USD. Over the past 30 days, FLOKI's price has changed by +3.71%, from $0.000040 USD to the current price of $0.000041 USD. Compared to this time last year, FLOKI Inu's price has seen a decrease of -67.00% to its value as a cryptocurrency.
FLOKI Inu reached its all-time high of $0.00034 USD on June 5, 2024, which was a +409,190.46% increase from its previous all-time low of $0.000000084 USD, which it reached on July 6, 2021. It has since landed at its current price of $0.000041 USD.
Yes, you can buy FLOKI Inu in Canada. Simply open an account with a crypto exchange that operates in Canada and supports FLOKI Inu—like the ones in our curated list above—and place a "buy" order. For example, Kraken supports FLOKI Inu and is a registered crypto exchange in Canada.
Because FLOKI Inu is decentralized, it isn't tied to any single country. That means you can buy and sell it from anywhere in the world, including Canada, as long as you have internet access.
Floki (FLOKI) is a memecoin released in July 2021 following the price surge of other popular memecoins, including Shiba Inu (SHIB) and Dogecoin (DOGE). It was named after Elon Musk's pet Shiba Inu.
FLOKI is a multichain token that operates on Ethereum and BNB Smart Chain and acts as the utility token of the Floki ecosystem. The project tokenomics are unlike most other major cryptos, with a total supply of 10,000,000,000,000 and a 0.3% buy/sell tax on decentralised exchanges (DEXes).
The success of FLOKI is largely due to its loyal community of over nearly half a million Twitter followers and celebrity endorsements from names such as Snoop Dogg and Paris Hilton. The anonymous developers claim to have taken Floki from 'Meme to Dream', launching numerous projects on the Floki ecosystem, including a play-to-earn game, a DeFi protocol and an NFT marketplace.
To create an account with your chosen crypto platform, you only need an email address or mobile number. This will usually allow you to deposit cryptocurrency, but not CAD.
If you want to buy FLOKI with Canadian dollars, you'll need to pass a Know Your Customer (KYC) check.
This is a standard security procedure for most exchanges in Canada and requires you to upload government-issued photo ID, and, in some cases, a selfie with today's date.
KYC is usually approved instantly, but in rare cases, you may have to wait a few hours or days.
Several crypto exchanges in Canada accept credit cards as an instant purchase method. However, before buying FLOKI with a credit card, you should be aware of the additional cost and risks involved.
For instance, credit card fees are usually higher than bank transfers or e‑Transfers. Some card issuers may even block cryptocurrency transactions or treat them as cash advances, which are more expensive. Plus, if you don't pay off your credit card within your statement period, you may end up paying interest on your card balance and losing money if the price moves quickly.
For example, if you were to use a credit card to buy FLOKI, you could end up paying this:
If it took you three months to pay off your FLOKI purchase at a credit card interest rate of 19.99% APR, you would pay an additional $0.0021 USD in interest on top of what you originally paid to buy FLOKI.
This example can help you compare the relative cost of buying FLOKI with a credit card versus other lower‑fee methods like Interac e-Transfers.
You can check the table of Canadian crypto exchanges above to see which ones accept credit cards for buying FLOKI, or visit our guide on buying crypto with a credit card for more details.
Yes, it is possible to buy FLOKI with a debit card, as most Canadian crypto exchanges accept debit cards as an instant payment method.
To buy FLOKI with a debit card, you'll typically need to go through the standard steps to purchase crypto on your preferred platform and then select debit from the list of payment options (e.g. Interac e-Transfer, debit card, credit card) before completing your purchase.
Just note that there are often higher fees for crypto purchases with cards (both debit and credit) compared to paying with Interac e-Transfer or with another cryptocurrency.
Floki remains a popular choice crypto among memecoin enthusiasts. It started 2023 well, with significant gains and a major exchange listing on KuCoin.
The development team has also announced that staking will be released soon
That said, there are many competitor memecoins in what could be argued is an oversaturated market. Here are some things to consider before investing in FLOKI:
The project's Github is regularly updated, and milestones such as the Valhalla game have been released - both positives. However, development advancements for 2023 include photos of Elon Musk's dog titled 'Floki is the CEO of Twitter', which could be interpreted as a questionable community update.
While this is not necessarily a bad thing, and other successful projects have unknown developers, it does make it hard to verify their expertise and background.
There are two main options for storing FLOKI once you've bought it—keep it on an exchange or store it in your own personal wallet. Take a look at our guide to the best crypto wallets in Canada to see our top picks.
While it can be more convenient to leave your FLOKI on an exchange, you're vulnerable to risk if the exchange gets hacked or compromised in another way.
It's generally much safer to store your crypto on a software or hardware wallet, which gives you full control and custody of your coins.
Like all crypto, FLOKI is considered a commodity for tax purposes by the Canada Revenue Agency (CRA). That means it will be taxed similarly to other investments like stocks and ETFs.
Money you get from selling FLOKI can be treated as income or capital gains. That said, the CRA will tax crypto profits differently if you're a casual FLOKI buyer than if your crypto profits are classified as business income.
You can learn more about how crypto taxes work in our guide to crypto tax in Canada.
Keep in mind that buying FLOKI Inu can be risky. But if you decide to invest in FLOKI Inu, look for a regulated crypto exchange in Canada that supports FLOKI, and make sure to store your crypto securely.
Once you've bought FLOKI Inu, think about your short and long-term goals. Crypto markets can be very volatile, so keep an eye on FLOKI Inu's price over time to decide whether to keep it on an exchange, sell it or move it to your wallet.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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