FOR IMMEDIATE RELEASE
Miami, FL, June 21st, 2024, Chainwire.
Breaking away from conventional market trends, FLOKI has emerged as a major player in the meme coin industry. Its success stems from its practical applications, strong presence, and loyal community.
A significant factor contributing to FLOKI’s rise to prominence is the unwavering support from its community. Notable endorsements include a tweet from Elon Musk’s parody account with 207k followers, stating, “FLOKI objectively offers much better utility than other memecoins on the market.” Crypto analyst Crypto_Scofield also commended FLOKI’s rapid progress, highlighting its leadership position among major meme coins like $PEPE, $WIF, and $BONK.
Social Media and Community Engagement
Data from LunarCrush, a social media analytics tool, reveals that in the last six months, FLOKI’s social interactions surged by 320%, with its social dominance increasing by 109%. Social Dominance measures the “share of voice” across social media platforms, as per LunarCrush.
FLOKI has been actively pursuing new initiatives to bolster its ecosystem. The team recently unveiled a trading bot and secured major listings, such as Kraken adding FLOKI to its exchange listing roadmap within the past 24 hours.
FLOKI introduced a Telegram-based trading bot tool that allows holders to trade any token on the BNB Chain network. The service is set to be publicly available in mid-June, with plans for expansion to the Ethereum and Base blockchains. The bot, which requires FLOKI tokens for usage, aims to boost token demand through a fee structure that supports buying pressure. With a 1% fee on every transaction, 50% of the collected fees will be used to purchase FLOKI on the open market, thereby contributing to increased buying pressure.
Another example of utility is FLOKI’s launch of a decentralized domain name service on the BNB Chain mainnet. This service enables users to create .FLOKI domain names, representing their on-chain identities.
FLOKI’s roadmap indicates discussions about offering digital banking accounts in partnership with a licensed fintech firm. Users will have the option to link these accounts to FLOKI debit cards for seamless transactions in euros, US dollars, and other currencies.
Additionally, FLOKI is gearing up to launch Valhalla, a play-to-earn NFT gaming metaverse. The FLOKIFi Locker Protocol has also been integrated into DEXTools, allowing users to stake their FLOKI tokens and use them as collateral for borrowing major cryptocurrencies like BTC and ETH in collaboration with Inverse Finance and Venus Protocol.
Furthermore, FLOKI has expanded its reach beyond the digital realm to include real-life events.
Looking ahead, FLOKI’s marketing endeavors are poised to have a greater impact than ever before. As articulated in a tweet by Sabre, Advisor, Creative Marketing Director at FLOKI, future marketing partnerships are expected to surpass previous achievements.
Sports Partnerships
FLOKI has secured sponsorships with various sports teams to enhance its brand visibility. These partnerships include becoming the sleeve sponsor for Kerala Blasters FC, a renowned soccer team in India, and the shirt sponsor of The India Maharajas, exposing the FLOKI brand to over 700 million cricket fans worldwide.
FLOKI and its sister token, TokenFi, have also formed strategic marketing alliances with legendary cricket teams such as the Manipal Tigers and the Bhilwara Kings. In addition, the collaboration with Spanish soccer team Cádiz CF and the presence on the jerseys and LED displays of SSC Napoli and at World Table Tennis (WTT) events has allowed FLOKI to reach over half a billion tennis fans.
FLOKI’s logo also featured prominently on the Alfa Romeo F1 Team ORLEN cars throughout the 2022 season.
Marketing and Strategic Partnerships
FLOKI has launched several aggressive marketing campaigns to drive adoption and awareness on a global scale. The platform anticipates that upcoming initiatives will have a more significant impact than previous efforts.
In Nigeria, FLOKI announced a three-month campaign targeting the country’s high percentage of crypto users through advertising on major news platforms, collaborating with 16 digital influencers to reach over 93 million people. In Vietnam, FLOKI initiated a comprehensive campaign to engage the local crypto user base through extensive advertising and community events to build brand loyalty. Similarly, FLOKI has made strides in Turkey and the Middle East and North Africa (MENA) region with high-profile marketing campaigns to tap into the growing crypto community.
In the United States, FLOKI executed high-visibility billboard campaigns, notably in New York City’s Times Square, capturing the attention of hundreds of thousands of passersby.
FLOKI’s educational initiatives, such as regular AMA sessions, provide transparency and direct engagement with the community.
With TokenFi joining the ecosystem, FLOKI aims to capitalize on the burgeoning tokenization industry, projected to reach $16 trillion by 2030, according to BlackRock CEO Larry Fink.
Summarizing FLOKI’s strategy, Sabre emphasizes the focus on attracting retail investors, running impactful marketing campaigns, and leaving a lasting impression.
Financial and Ecosystem Milestones
The FlokiFi platform has a total value locked (TVL) of $110.56 million secured through 2,372 locks, supporting 16 different blockchains and locking 86 NFTs. Furthermore, over 2.3 trillion FLOKI tokens, valued at $436.61 million, have been secured in the FLOKI staking program.
DWF Labs has pledged to purchase $12 million in FLOKI tokens, a combination of market acquisitions and tokens from the Floki treasury.
As of 2024, FLOKI has been one of the top performers, with a more than sixfold increase year-to-date. Around 86% of FLOKI holders are currently in profit, according to data from IntoTheBlock.
About Floki
Floki is the people’s cryptocurrency and utility token of the Floki Ecosystem. With a focus on utility, philanthropy, community, and marketing, Floki aims to become the most recognized and widely used cryptocurrency globally. With over 490,000 holders, Floki has established a strong brand recognized by billions worldwide through strategic marketing partnerships.
For more information, visit:
Website: https://floki.com
Twitter: https://twitter.com/RealFlokiInu
Contact:
Community Relations Officer
Pedro Vidal
Floki
[email protected]
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