Floki Floats 22% On Marketing Blitz, Aims For ‘World’s Most Used Crypto’ Title

Share This Post

Floki, the self-proclaimed “Doge Killer,” is taking a bite out of the memecoin market with a bark and a marketing blitz. The Shiba Inu-inspired cryptocurrency announced plans for its most aggressive marketing campaign yet, sending its token price skyrocketing.

Floki’s Aggressive Marketing Push

Floki’s marketing director, Sabre, remained tight-lipped about the specifics, but promised the upcoming effort would dwarf anything they’ve done in the past two years.

This news, coupled with the announcement of Floki futures trading on Coinbase coming May 30th, fueled a 24-hour price surge of 22%, propelling Floki to the top of the memecoin heap.

This is basically Floki strapping on its jetpack and aiming for the moon. The marketing blitz shows they’re serious about taking over the memecoin space, and Coinbase listing futures is like getting a thumbs-up from the crypto trailblazers themselves.

According to Sabre, the upcoming marketing push will help Floki in “dominating” the memecoin field and achieving its objective of becoming the “most widely utilized cryptocurrency in the world.”

Floki isn’t the only dog chasing its tail in the memecoin race. Coinbase is also adding rival memecoins Shiba Inu and Bonk to its futures roster. But with Floki leading the pack in price gains, it seems to have stolen the early show.

The price rally marks a significant turnaround for the coin. After bottoming out in April, the token has been on a steady climb, but Monday’s announcement ignited a breakout, pushing prices to an 11-week high. This represents a staggering 160% increase since mid-April.

However, analysts caution that Floki’s victory lap might be premature. The memecoin market is notoriously fickle, and external factors like economic headwinds and the ever-present threat of dogecoin dominance could throw Floki a curveball. Additionally, the success of Floki’s marketing campaign remains a mystery.

Floki: Market Performance

The memecoin’s most recent major marketing campaign targeted visitors in New York’s Times Square, where the brand was emblazoned on screens near the Nasdaq billboard for two months, starting on March 15.

Today, the price of FLOKI is $0.00027, with a 24-hour trading volume of $1,025,844,340.44. This marks a 27.82% increase over the past week. With a circulating supply of nearly 10 trillion, the market cap stands at $2.6 billion.

Featured image from iStock, chart from TradingView

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Pi Coin Price Prediction: Pi Network Faces Migration Issues, Drops 10%

The post Pi Coin Price Prediction: Pi Network Faces Migration Issues, Drops 10% appeared first on Coinpedia Fintech News The Pi Network community recently celebrated Pi Day, marking the sixth

200 Million XRP On The Move—Is Ripple Preparing For A Big Play?

Ripple’s XRP has been one of the hottest cryptos in the market thanks to its impressive price performance, especially after US President Donald Trump’s reelection Trading below $1 for most of

Coinbase Scores Big as Vermont Drops Case—Is This the End of Staking Crackdowns?

Coinbase just scored a massive legal win as Vermont rescinds its case on staking services, reinforcing that staking is not a security This marks another major setback for regulators trying to rein in

XRP Price Prediction For March 15

The post XRP Price Prediction For March 15 appeared first on Coinpedia Fintech News The cryptocurrency market is currently trying to bounce back and the next few days will be crucial to determine the

VanEck Seeks SEC Approval for First-Ever AVAX ETF

The post VanEck Seeks SEC Approval for First-Ever AVAX ETF appeared first on Coinpedia Fintech News As per a recent statement, VanEck is seeking approval from the US Securities and Exchange

Polkadot (DOT) Price Stability Fuels Hopes For Short-Term Recovery

Polkadot (DOT) has been quietly building a strong foundation, with its price stabilizing after a period of volatility This consolidation phase often serves as a launching pad for a potential upward