AliExpress is an international marketplace that offers an extensive range of products including clothing, electronics, and more. Its ability to evolve has made it introduce new features that enhance shopping. This has made it among the best places to shop online worldwide. To make shopping easier for its users, the e-commerce titan has partnered with meme coin, Floki Inu.
This partnership signals a fresh era of crypto-based shopping as users can now purchase over 100 million items and ship to 200 countries.
The seamless integration is made possible by Shopping.io, a crypto-based online shopping platform. Shopping.io acts as a middleman and converts the user’s crypto to fiat currency, purchasing the item on behalf of the user.
This is not AliExpress’ first adoption of cryptos as means of payments. The launch of AliBitress enables customers to shop by using Bitcoin and over 100 other digital currencies. The platform affords users security and without a need to convert to fiat currency.
About Floki Inu
Floki Inu is a meme coin of the Floki ecosystem named after Elon Musk’s dog, Shiba Inu. It was launched in June 2021 and gained traction due to its affiliation with Musk. It leverages a decentralized peer-to-peer network for transactions. The ecosystem’s native token is $Floki.
In an astonishingly short span of only 48 hours from its initial launch, the coin experienced an extraordinary surge in price. The price skyrocketed by an astounding 1,000%. This unprecedented growth was followed by an impressive rally of 1,500% within a mere 72 hours.
The exceptional success of this coin also had a significant impact on other cryptocurrencies with Floki-related themes, such as FlokiPup Inu, Baby Floki Inu, Shiba Inu, and Floki Shiba Inu.
Final Words
The integration of a meme coin in e-commerce is expanding payment options and provides customers with a more inclusive way to shop. It also sparks innovation, paving the way for new business ideas. We hope to see more brands in e-commerce and other industries receive payments via meme coins.