This Altcoin Announces Its Own Debit Card: Sudden Rise in Price

Floki developers have announced the launch of the FLOKI Debit Card, a payment solution that allows users to spend cryptocurrencies at merchants worldwide that accept VISA or Mastercard.

Following the announcement, the FLOKI price rose by approximately 4%.

In its official statement, the team mentioned the features of the card:

“Floki Debit Card is officially live, allowing users to spend their crypto assets at millions of merchants worldwide that accept VISA or Mastercard.”

According to Floki, the card supports over eight blockchain networks and can be deposited with FLOKI or major cryptocurrencies such as BTC, ETH, USDT, USDC, BNB, and SOL. The company highlighted its fee structure as an important feature, with no transaction fees or exchange rate fees for cardholders.

According to the official statement, the features and price of the card are as follows:

• Physical Card: €32 one-time fee plus shipping.
• Virtual Card: One-time fee of €10.
• Reload Fee: 2% per reload.

Floki also announced that the card is available in 31 European countries, including Austria, France, Germany and Sweden, but Türkiye is not among the supported countries.

*This is not investment advice.