FLOKI Reaches New Record High, Surging by 60% After Landmark Listings

10:42 pm
March 8, 2024
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FLOKI, a Web3 project and meme coin, has captured significant attention in the cryptocurrency realm with an astounding rise of over 630% in the last 30 days alone. This surge has propelled FLOKI to the 64th position in market capitalization, exceeding $2 billion.

The spike in FLOKI’s price follows notable endorsements from digital asset firms like DWF Labs, leading to a $10 million investment plan. This move pushed FLOKI to a 9-month high of $0.00005097 on February 27th. Recently, the cryptocurrency hit an all-time high (ATH) trading at $0.0002043, marking a 58% increase in the past 24 hours.

FLOKI Expands Reach to Asian and Middle Eastern Markets

Coinhako, a regulated crypto exchange in Singapore, has listed FLOKI among its tradable cryptocurrencies. The official announcement stated that “The people’s cryptocurrency has reached Coinhako’s shores and is available to trade.” The Floki Inu team expressed their enthusiasm about this listing, highlighting the accessibility of FLOKI for crypto users in Singapore, who can now purchase it with SGD and USD on a regulated exchange.

In addition, FLOKI has been successfully listed on CoinMENA, a prominent crypto exchange serving retail and institutional clients in the Middle East. CoinMENA operates under licenses from the Central Bank of Bahrain and the Virtual Asset Regulatory Authority in Dubai, providing a secure trading environment for investors.

Massive Exposure in Times Square

To drive further adoption and attract investments, the Floki Inu team has launched an aggressive marketing campaign, featuring FLOKI on a massive double-sided HD LED screen in Times Square Plaza, New York, starting from March 15th for three months. This digital showcase, next to the Nasdaq billboard, will display a ten-second FLOKI advertisement at least four times per hour for 20 hours a day over 93 days, reaching a broad audience amidst Times Square’s substantial foot traffic.

The campaign aims to solidify FLOKI’s association with meme coins and leverage the anticipated bullish trend in the crypto market.

The daily chart illustrates FLOKI’s price hitting a new ATH. Source: FLOKIUSD on TradingView.com

Featured image from Shutterstock, chart from TradingView.com

Frequently Asked Questions (FAQs)

1. What is FLOKI?

FLOKI is a Web3 project and meme coin that has gained significant traction in the cryptocurrency market.

2. How much has FLOKI surged recently?

FLOKI has witnessed a remarkable uptrend of over 630% in the past 30 days, reaching an all-time high.

3. Where has FLOKI been listed recently?

FLOKI has been listed on Coinhako, a regulated crypto exchange in Singapore, and CoinMENA, a notable crypto exchange in the Middle East.

4. What marketing campaign has FLOKI launched?

FLOKI has initiated an aggressive marketing campaign in Times Square, New York, featuring the cryptocurrency on a large double-sided HD LED screen to enhance visibility and attract more investments.

Disclaimer

The article provided is for educational purposes only. It does not reflect the views of NewsBTC on investment advice. All investment decisions should be made after conducting personal research as investing carries inherent risks. Use the information from this article at your discretion and risk.


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