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Home»ALTCOIN NEWS»Floki soars 24% with bigger marketing than Times Square
ALTCOIN NEWS

Floki soars 24% with bigger marketing than Times Square

By Crypto FlexsMay 27, 20243 Mins Read
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Floki soars 24% with bigger marketing than Times Square
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  • Floki Announced the launch of a new product. marketing work out.
  • coinbase apply memecoin futures trading.
  • that much Floki token Soars to the top 100 token On Monday.

In the highly competitive and often speculative world of cryptocurrency, effective marketing has become paramount for projects that aim to foster trust and improve brand awareness. Leaning into this reality, Floki announced plans for a massive new marketing blitz, coinciding with a 24% surge in its token price to lead the top 100 tokens.

Floki Eyes new marketing campaign

Saber, Floki’s marketing director, said the project is preparing to launch its “biggest marketing activation in two years” in the coming months, although exact details about the campaign were not provided.

Shout out to people with long-term memory who know what to expect. #Floki And our ™ movement.

Armed with the experience and knowledge to navigate your toughest challenges, we are preparing to announce our biggest marketing activation in over two years over the coming months📍 pic.twitter.com/UOo4awAD8o

— Saber (@SabreEthereum) May 27, 2024

Saber said the upcoming offensive will help Floki “dominate” the memecoin space to achieve its goal of becoming “the world’s most popular and most used cryptocurrency.”

Floki’s previous major marketing efforts targeted visitors to New York’s Times Square. The brand was displayed on a screen near the Nasdaq billboard for two months starting March 15th.

Learn more

Powering Floki’s rally, the project recently announced that Coinbase will launch Floki futures trading on May 30th. Coinbase also announced on the same date that it would be adding competing memecoin Shiba Inu and Bonk futures.

This wave of positive developments for Floki saw the token record a strong performance on Monday, leading the top 100 tokens.

Floki hits 11-week high

Floki’s price has surged 24% over the past day to hit an intraday high of $0.00028670, an 11-week high that leads the top 100 tokens.

The token bottomed at $0.00011068 on April 13 and has been trending upward ever since. But Monday’s marketing campaign announcement marked a spectacular uptick and turned the steady upward trend into a massive breakout, posting a 160% gain, the highest since April 13.

Floki daily price chart (dollars per trading view)
FLOKIUSDT daily chart trading view

On the flip side

  • Meme Coin infamous price volatile.
  • Floki proposal public serviceSuch as DeFi Functional And through staking, “a or more Nana.”
  • Meme Coinespecially SolanaI was in this to givebiggest victor.

Why This Matters

All eyes are on Floki to see if this breakthrough can last. However, there are always headwinds from economic and political factors and the performance of competing memecoins.

Floki holders vote to implement a large-scale token burn.
FLOKI strengthens bullish pennant setup by burning 15.2 billion coins

As the Cardano ecosystem struggles to compete with its rivals, Minswap is eyeing a Binance listing.
Cardano’s Top DEX Minswap Attack for Binance Listing

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