Miami, Florida, June 21, 2024, Chainwire
Apart from market trends, FLOKI has emerged as a significant player in the meme coin sector. Its success is due to practical applications, a solid presence and a dedicated community.
The key factor behind FLOKI’s position is robust social support. Notable mentions include a tweet from Elon Musk’s parody account, which has 207k. followers, stating: “FLOKI objectively offers significantly better usability than other memecoins on the market.” Analyst Crypto_Scofield also praised FLOKI’s rapid growth, noting its leading position among major meme coins such as $PEPE, $WIF and $BONK.
Social media and community engagementData from LunarCrush, a social media analytics tool, shows that over the past six months, FLOKI’s social interactions have skyrocketed by 320% and its social dominance has increased by 109%. According to LunarCrush Social dominance measures “share of voice” on social media.
FLOKI actively seeks modern solutions to strengthen its ecosystem. The team introduced the trading bot and achieved vital quotes in the last 24 hours, such as Kraken adding FLOKA to its stock market action plan.
FLOKI has introduced a Telegram-based trading bot tool that allows holders to trade any token on the BNB Chain network. Public availability is expected in mid-June. The service will later be expanded to include blockchains and Base. The bot, which requires FLOKI tokens for operate, aims to escalate demand for the tokens through a fee structure that supports buying pressure. The bot charges a fee of 1% on each transaction, of which 50% of the collected fees are used to purchase FLOKI on the open market, thus contributing to the buying pressure.
Other usability examples include FLOKI launching a decentralized domain name service on the BNB Chain mainnet. This service allows users to create .FLOKI domain names that represent their on-chain identity.
FLOKI’s action plan shows that it is in talks to offer digital banking accounts in cooperation with a licensed fintech company. Users can link these accounts to FLOKI debit cards to ensure seamless transactions in Euro, US dollars and other currencies.
Another major project underway is the launch of Valhalla, FLOKI’s NFT gaming metaworld where you can play and earn.
In addition, the FLOKIFi Locker protocol has also been integrated into DEXTools. The partnership with Inverse Finance and Venus Protocol allows users to stake FLOKI tokens and operate them as collateral when borrowing major cryptocurrencies such as BTC and ETH.
The partnership goes beyond the ecosystem, i.e. also IRL events.
Looking to the future, FLOKI’s marketing efforts will likely be even more effective than in the past. As Saber (NASDAQ:), advisory director of inventive marketing at FLOKI, explained in a tweet, past marketing partnerships will likely be eclipsed by what’s to come.
https://x.com/SabreEthereum/status/1798750647937900695
Sports PartnershipsTo name a few, FLOKI has become the cover sponsor of Kerala Blasters FC, a popular football team in India. Apart from being the shirt sponsor of The India Maharajas. This partnership introduces the FLOKI brand to over 700 million cricket fans around the world.
FLOKI and its sister token, TokenFi, have also entered into a strategic marketing partnership with two legendary cricket teams, Manipal Tigers and Bhilwara Kings.
The team also established cooperation with the Spanish football team Cádiz CF, which belongs to the La Liga league. The FLOKI logo is prominently displayed on SSC Napoli’s team jerseys and LED displays and at World Table Tennis (WTT) events, reaching over half a billion tennis fans.
Last but not least, FLOKI appeared in Alfa Romeo F1 Team ORLEN cars in 2022 throughout the season.
Marketing and strategic partnershipsFLOKI has launched several aggressive marketing campaigns to escalate adoption and awareness worldwide. The platform anticipates that upcoming initiatives will exceed the impact of previous efforts.
In Nigeria, the team announced a three-month campaign targeting the country’s high percentage of cryptocurrency users, including advertising on major news platforms and business publications and partnering with 16 influencers to reach over 93 million people.
In Vietnam, FLOKI initiated a comprehensive campaign targeting its cryptocurrency user base, including extensive advertising and local events to engage the community and build brand loyalty. Vietnam, which ranks 15th in terms of global population, also has one of the highest cryptocurrency adoption rates.
FLOKI has also made inroads in Turkey, appearing on television with advertisements on popular channels to capitalize on Turkey’s vast and dynamic crypto community. In the Middle East and North Africa (MENA) region, FLOKI’s marketing initiatives include high-profile campaigns in countries such as the United Arab Emirates, where cryptocurrency adoption is growing rapidly.
In the United States, FLOKI has conducted high-visibility billboard campaigns, especially in a prime location in Times Square, New York, next to the Nasdaq billboard in Times Square, attracting the attention of hundreds of thousands of passers-by.
FLOKI’s educational initiatives include regular AMA sessions. These sessions provide transparency and provide direct contact with the community.
With TokenFi joining its ecosystem, FLOKI plans to capitalize on the growing tokenization industry, which BlackRock (NYSE:) CEO Larry Fink estimates will be worth $16 trillion by 2030.
To sum up FLOKA’s strategy, Saber explains it well: “attract retail investors, run effective marketing campaigns and leave a lasting impression.”
Financial and ecosystem milestonesMeanwhile, the FlokiFi platform has a total secured value (TVL) of $110.56 million secured across 2,372 locks. It supports 16 different blockchains and has blocked 86 NFTs. Moreover, the FLOKI staking program has secured over 2.3 trillion FLOKI tokens worth $436.61 million.
Showing robust support, DWF Labs announced that it will purchase $12 million worth of FLOKI tokens. This purchase will be a combination of market acquisitions and tokens from the Floki vault.
Since 2024, FLOKI has been at the forefront of enterprises, and its growth has been more than sixfold since the beginning of the year. According to IntoTheBlock data, approximately 86% of FLOKI owners make profits.
About Floki
Floki is a human cryptocurrency and the utility token of the Floki ecosystem. Floki’s goal is to become the best-known and most widely used cryptocurrency in the world, and it intends to achieve this ambitious goal by focusing on utility, philanthropy, community and marketing.
Floki currently has over 490,000 owners and a robust brand recognized by billions of people around the world through strategic marketing partnerships.
Website: https://floki.com
Twitter: https://twitter.com/RealFlokiInu
contactSocial relations specialistPedro VidalFlokiMarketing@Floki.com
