FLOKI Rises 40% in World Table Tennis Championships Partnership Announcement
The cryptocurrency market witnessed a notable increase today, especially with the price of FLOKI increasing by over 40%. Notably, this surge coincides with a major announcement from Floki and tokenfi announcing their partnership as the official cryptocurrency partner of the World Table Tennis Championships in Incheon, South Korea. Additionally, TokenFi (TOKEN) also rebounded following the announcement.
Floki and TokenFi Price Rises Amid Major Partnership Announcement
Floki and TokenFi are among the top percentage gainers in the crypto market today and have attracted a lot of attention from investors. The former has rebounded by around 40% at the time of writing, while the latter has surged around 50% at the same time.
Meanwhile, Floki, together with TokenFi, has taken on an important role as the official cryptocurrency partner of the World Table Tennis Championships to be held in Incheon, South Korea. Notably, this partnership marks another strategic move by Floki, strengthening its presence in the cryptocurrency world by leveraging its extensive reach and prestige in the sports world.
In a recent announcement on the X platform, Floki announced its collaboration with TokenFi, aiming to reach a global audience of approximately 450 million through the broadcast of the championship. It is worth noting that this is not the first time Floki has explored opportunities in the sports industry.
Meanwhile, this initiative follows Floki’s previous engagements with sporting events, including table tennis tournaments in Frankfurt and Busan, each of which contributed to the brand’s growing recognition on a global scale. The partnership is set to significantly increase Floki’s visibility and engagement as Mohegan INSPIRE Entertainment Resort hosts the upcoming World Championship event March 27-31.
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Seizing the Opportunity in South Korea
Floki also talked about his involvement with the WTT Champions Incheon event, highlighting a strategic initiative to capitalize on South Korea’s thriving cryptocurrency ecosystem. Additionally, the move aligns seamlessly with Floki’s established community-building efforts, particularly in the sports sponsorship space.
With millions of interactions from previous partnerships, the collaboration with the World Table Tennis Championships represents a significant leap forward. Additionally, the event’s large audience, expected to reach approximately 450 million people worldwide, provides Floki with an unprecedented platform to showcase its brand and core technology to a diverse and broad audience.
Meanwhile, as of the time of writing, the Floki price increased by 38.15% to $0.0002443, while the transaction volume increased by 112% to $1.18 billion. It is noteworthy that the cryptocurrency has gained over 600% in value in the last 30 days amidst the upward trend in the meme coin industry.
Floki Price
On the other hand, TokenFi price increased by 48.74% to $0.1014 and trading volume increased by 238% to $72.66 million in the last 24 hours. TOKEN crypto is up nearly 40% over the past seven days, with a monthly gain of around 220%.
TokenFi Price
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A seasoned professional with 3 years of experience in the financial market, Rupam has honed his skills as a meticulous research analyst and insightful journalist. She enjoys exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor at Coingape, Rupam’s expertise goes beyond traditional boundaries. His contributions include breaking news, examining AI-related developments, providing real-time crypto market updates, and providing insightful economic news. Rupam’s journey is marked by his passion to demystify the intricacies of finance and deliver impactful stories that will resonate with diverse audiences.
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication accepts any liability for your personal financial loss.
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