Floki Inu (FLOKI), the popular dog-faced meme cryptocurrency, has been of late making waves in the crypto market. Amidst its extraordinary 200% yearly price surge, the team behind the meme token has embarked on an ambitious marketing campaign that is set to unfold next week in one of the world’s most iconic locations, Times Square in New York City.
FLOKI Continues Its Remarkable Price Performance By Surging 40% In A Day
FLOKI’s recent bullish momentum has helped propel it to new heights, with a remarkable 40% increase in price within the last 24 hours. The surge follows a notable breakout observed during the early hours of the day when it moved from the $0.00016928 region to $0.0001802. This also marked a significant milestone in its trading history.
The meme cryptocurrency’s latest surge was accompanied by a noteworthy increase in its trading volume, which went up by 1.39%, adding $666.67 million to its value. In the process, FLOKI recorded a high of $0.0001843, underscoring the strong bullish sentiment that is driving its recent price action.
Floki Inu To Begin 3-Month Advertising Campaign In Times Square On March 15th
To bolster its visibility and exposure in the cryptocurrency market, Floki Inu has announced an audacious marketing initiative at the iconic Times Square in New York City. The campaign set to commence on March 15th will extend over three months in the Big Apple.
The strategic move by the Floki Inu team aims to attract investor interest and solidify FLOKI’s position in the highly competitive crypto market. With foot traffic exceeding 330,000 people per day and annual visits made by over 50 million individuals, Times Square looks like the most perfect place to make the bet.
Industry experts predict tangible results for FLOKI as a result of the upcoming campaign, projecting heightened market performance and investor confidence for the meme token.
FLOKI Hits ATH In Total Value Locked At $421.9 Million
Additionally, Floki Inu also managed to achieve a historic feat in its staking program, with an all-time high Total Value Locked (TVL) of $421.9 million. This figure represents 25% of the total FLOKI supply that is currently in circulation,
This milestone is set to enhance Floki Inu’s utility value and long-term stability while solidifying its position among popular meme cryptocurrencies like Dogwifhat (WIF), Pepe Coin (PEPE), BONK, Dogecoin (DOGE), or Shiba Inu (SHIB).
Furthermore, the Floki DAO, the decentralized autonomous organization (DAO) consisting of the token’s developers, holders, and other community members, has approved a token burn of 190.9 billion FLOKI, worth $31.5 million. This amount is equivalent to 2% of the FLOKI’s circulating supply.
The token burn further enhances the token’s long-term security and stability while helping maintain its value.
Looking at the FLOKI chart, it is apparent that the recent surge is not just a sudden spike but rather a sustained trend. Floki Inu achieved year-on-year growth of over 200% and its ecosystem has reached an all-time high TVL of $526 million during that period.
Its performance over the past year has garnered significant market attention, helping position FLOKI as a top performer in the frenzy meme cryptocurrency sector.
At the time of writing, FLOKI is trading at $0.000269 – up a whopping 45% in the last 24 hours. With a market cap of over $2.6 billion, Floki Inu is ranked on Coingecko as the 65th-largest cryptocurrency in the world.
