FLOKI Skyrockets To New All-Time High, Soaring 60% Following Two Major Listings
08 Marzo 2024 - 8:30PM
NEWSBTC
Web3 project and meme coin Floki Inu (FLOKI) has garnered
significant attention in the cryptocurrency market. It has
witnessed an impressive uptrend of over 630% in the past 30 days
alone. As a result, it has soared to the 64th position in market
capitalization, surpassing $2 billion. This surge in price comes as
notable digital asset firms, including DWF Labs, have recognized
FLOKI as a potential long-term investment, resulting in a $10
million purchase plan. This move pushed FLOKI to a 9-month high of
$0.00005097 on February 27th. However, the cryptocurrency’s
popularity has spread to other jurisdictions, and it recently hit
an all-time high (ATH), trading at $0.0002043, coupled with a 58%
uptrend in the past 24 hours. FLOKI Targets New Asian And
Middle Eastern Investors Coinhako, a regulated crypto exchange in
Singapore under the Monetary Authority of Singapore (MAS), has
endorsed FLOKI by listing the token among its tradable
cryptocurrencies. In an official announcement, Coinhako stated,
“The people’s cryptocurrency has reached Coinhako’s shores and is
available to trade.” The Floki Inu team expressed their excitement
about the listing, highlighting that crypto users in Singapore can
now buy FLOKI with SGD and USD on a regulated exchange. They
believe this listing is a significant milestone that will
accelerate Floki’s vision to become the world’s most recognized and
widely used cryptocurrency. Related Reading: Bitcoin Bulls On
Alert: Top Analyst Anticipates A Big Spike In The Cards In
addition, the Floki Inu team has announced that the meme coin has
been successfully listed on CoinMENA, one of the prominent crypto
exchanges catering to retail and institutional clients in the
Middle East. CoinMENA is a licensed and regulated entity by the
Central Bank of Bahrain and the Virtual Asset Regulatory Authority
in Dubai, which aims to ensure a safe and compliant trading
environment for investors. The team behind the project commented on
the matter: This is a MAJOR listing for Floki adoption and our goal
to become the world’s most known and most used cryptocurrency as it
introduces Floki to key and affluent players in the Middle East and
Arab regions. Massive Exposure In Times Square The Floki Inu team
has launched an “aggressive” marketing campaign to drive adoption
further and attract additional investments. Starting from March
15th and lasting for three months, Floki will be featured
prominently on a massive double-sided HD LED screen in Times Square
Plaza, New York. This digital exhibition, located beside the
Nasdaq billboard, will showcase a ten-second advertisement for
Floki at least four times per hour, airing for 20 hours a day over
93 days. This campaign will deliver a minimum of 7,440
ten-second spots, taking advantage of Times Square’s daily foot
traffic of 330,000 visitors and an annual influx of 50 million
people. According to the announcement, the goal is to
solidify Floki’s association with meme coins in people’s minds and
take advantage of what the team expects to be the most “explosive
bull run” in the crypto market. Related Reading: AI Crypto Tokens
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image from Shutterstock, chart from TradingView.com
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