Alibaba’s Worldwide E-Commerce Platform Incorporates Payment Assistance for Major Competitors of Dogecoin (DOGE) and Shiba Inu (SHIB)
AliExpress, the online retailer owned by Chinese tech giant Alibaba, has added support for Floki (FLOKI), a memecoin that competes with Dogecoin (DOGE) and Shiba Inu (SHIB). Users can use the dog-themed cryptocurrency to purchase goods on AliExpress through Shopping.io, a crypto-focused e-commerce protocol that allows customers to buy items from major retailers using digital assets. However, the news had little impact on the price of Floki, which is currently trading at $0.000032. In April, data from IntoTheBlock showed that the majority of Floki investors were at a loss, with just 19% of traders in the green. New data from the market intelligence firm shows that an even higher percentage of Floki and SHIB investors are now in the red–78% and 81% respectively.
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