FLOKI Token Down 90% from ATH Despite Valhalla Game Mainnet Launch

FLOKI's flagship blockchain game Valhalla launched on opBNB mainnet on June 30, 2025, after multiple delays since November 2024. The play-to-earn MMORPG features customizable NFT characters called Veras and uses FLOKI as its primary currency. Despite this milestone, FLOKI trades at $0.00003790 as of May 10, 2026, nearly 90% below its all-time high of $0.00034926 from June 5, 2024. The token saw a 4.80% daily gain and 19% weekly increase. Marketing efforts included a Times Square billboard, US national TV campaign reaching 219 million households, and partnerships with esports organization Method and Hafthor Bjornsson. Exchange listings on Revolut Business and Binance Thailand in 2024 expanded access. Price forecasts for 2026 range from $0.00002302 to $0.0000750, with long-term target of $0.001 by 2030. The ecosystem progress is real but market price has not yet reflected it.