Floki Inu (FLOKI) Announces Partnership With Rice Robotics to Launch Custom-Branded Minibots

Cryptocurrency and robotics are set to collide as Floki, the meme coin-turned-utility project, announces a new partnership with Rice Robotics, a company specializing in AI-driven robotics. The collaboration will see the launch of a limited-edition Floki-branded minibot that performs real-world tasks for users and rewards them with a new token called RICE.

The project not only merges the realms of cryptocurrency and robotics but also brings forth a novel way for users to engage with AI technology while being rewarded in tokens for their contributions. This innovative venture could significantly impact both the Floki coin and the broader crypto space, potentially setting the stage for a major rally.

RICE ROBOTICS TO LAUNCH A CUSTOM FLOKI AI-POWERED ROBOT AND THE $RICE TOKENAI robotics startup @realRiceAI will launch a custom Floki AI-powered companion robot. The AI-powered companion robot, named the FLOKI minibot M1, will be natively integrated with the RICE AI… pic.twitter.com.com/6QQjpBFGqO— TokenInsight टोकन अंतर्दृष्टि (@TokenInsight) September 15, 2023

Floki-Branded Minibot Will Reward Users With RICE Tokens

The sleek black and gold Floki-themed minibots will be small-scale AI assistants capable of performing various household tasks like cleaning, organizing, and more. These minibots will move around users’ homes and engage with them, rewarding them with RICE tokens for interaction.

Furthermore, the minibots will be programmed to collect human data, which will, in turn, help train the RICE AI models even faster, improving their efficiency and capabilities over time.

This integration of AI and robotics into the Floki ecosystem is a unique step for the meme coin, marking a clear departure from traditional meme coin use cases. It showcases Floki’s initiative to expand its scope and engage with new technologies.

Rice Robotics, already known for collaborations with firms like Nvidia and SoftBank, has opened a public waitlist for the device. The company recently raised $7 million in Series A funding, and the minibot is powered by a Nvidia nano-computer, bringing further credibility to the partnership.

The firm raised $7 million in Series A funding earlier this year, highlighting its potential and appeal to investors. With Nvidia’s nano-computer powering the minibot, the project has strong technical backing, further solidifying its credibility in the tech space.

FLOKI Price Sees Spike After AnnouncementFollowing the partnership announcement, FLOKI’s price showed a noteworthy 6.02% spike. It climbed as high as $0.00009000 before consolidating slightly around $0.00008441.

This surge aligns with renewed market interest as investors recognize this partnership as a unique step by Floki. The move to integrate robotics and AI technology marks a departure from typical meme coin use cases, signaling new avenues for the token.

Technical analysis of the charts reveals key support zones at $0.00007800 to $0.00007900, with an additional layer of support around $0.00008250. On the upside, resistance levels are spotted at $0.00008900 to $0.00009000—a zone that may cap further short-term gains.

Significant rise in trading volume (+121.34%) indicates that buying interest is still present, and the momentum may drive FLOKI towards retesting resistance zones in the near future.

However, technical indicators suggest a note of caution. The Relative Strength Index (RSI) stands at 70.18, which indicates that FLOKI might be overbought in the short term. Due to this factor, a slight pullback or consolidation could occur before any major price movements.