In the cryptocurrency market, Web3 project and meme coin Floki Inu (FLOKI) have attracted a lot of interest. It has seen a remarkable increase of more than 630% in just the last 30 days. Consequently, it has risen to the 64th spot in terms of market capitalization, having crossed $2 billion.
Significant digital asset companies, such as DWF Labs, have identified FLOKI as a possible long-term investment, leading to a $10 million purchase plan, which coincides with the price increase. FLOKI reached a nine-month high of $0.00005097 on February 27th as a result of this move.
The cryptocurrency’s appeal has expanded to other legal regions, too, and it just reached an all-time high (ATH) of $0.0002043, up 58% in a single day.
FLOKI Is Seeking Fresh Investors from Asia and the Middle East
By including FLOKI as one of its tradable cryptocurrencies, Coinhako, a regulated cryptocurrency exchange in Singapore governed by the Monetary Authority of Singapore (MAS), has shown support for the project. “The people’s cryptocurrency has reached Coinhako’s shores and is available to trade,” the company said in an official statement.
The Floki Inu team announced their joy at the listing, emphasizing that Singaporean cryptocurrency enthusiasts can now purchase FLOKI on a regulated exchange using SGD and USD. They think that Floki’s goal of becoming the most well-known and extensively used cryptocurrency in the world will be accelerated by this listing, which is a huge milestone.
Furthermore, the Floki Inu team has declared that the meme coin has been listed on CoinMENA, a well-known cryptocurrency exchange serving institutional and retail customers in the Middle East, with success.
With the goal of ensuring a secure and law-abiding trading environment for investors, CoinMENA is a licensed and regulated organization by the Central Bank of Bahrain and the Virtual Asset Regulatory Authority in Dubai. The project team offered the following comments on the issue:
As it presents Floki to significant and wealthy players in the Middle East and Arab regions, this listing is a MAJOR step toward Floki acceptance and our objective to become the most well-known and widely utilized cryptocurrency worldwide.
Extensive Visibility at Times Square
The Floki Inu team has started a “aggressive” marketing campaign in an effort to increase acceptance and draw in more funding. For three months, beginning on March 15th, Floki will be prominently displayed on a giant double-sided HD LED screen located in Times Square Plaza, New York.
This digital installation, which is next to the Nasdaq billboard, will feature a ten-second Floki commercial that airs at least four times an hour for a total of twenty hours a day for 93 days.
Taking use of Times Square’s daily foot traffic of 330,000 visitors and its annual influx of 50 million people, this campaign will offer a minimum of 7,440 ten-second commercials.
As stated in the statement, the objective is to capitalize on what the company believes will be the most “explosive bull run” in the cryptocurrency market and cement Floki’s relationship with meme coins in people’s minds.