🚀🚀FLOKI Jumps 32% After DWF Labs' $10 Million Acquisition


Digital asset market developer DWF Labs aims to buy $10 million worth of FLOKI tokens, a major step for the memecoin. The token's price soared to $0.00005097, a 9-month high, after the news.


DWF Labs Expands Floki Inu Partnership
The official release states that DWF Labs would buy the tokens directly from the Floki treasury over two years to sustain the protocol's ecosystem.


The company expects a “explosive” cryptocurrency bull run and plans to use FLOKI's usefulness and marketing power to capitalize.


DWF Labs bought $5 million in FLOKI tokens in May 2023 to form a relationship with Floki. Since then, DWF Labs has contributed to FLOKI adoption.


DFW Labs apparently helped Floki list on significant exchanges, presented it to prominent industry initiatives, and promoted the token's success. Last, DFW Labs announced:


This big FLOKI token buy will strengthen our partnership with DWF Labs and position FLOKI for domination in a competitive bull run.


Price, TVL, and Chinese TV Exposure Rise
FLOKI's exposure on CCTV5 and CCTV5+, China's national sports TV stations, is exciting. An agreed strategic market collaboration in 2023 led to this exposure at the ITTF World Team Table Tennis Championships Finals in Busan 2024.


The memecoin development team says this chance to be shown on mainstream Chinese television has presented Floki and its sister asset, TokenFi (TOKEN), to over 340 million people and reinforced their position in China.


The Floki Inu team was thrilled to be featured on mainstream Chinese television, one of the few cryptocurrencies to do so.


Decentralized finance (DeFi) crypto locker system FlokiFi Locker is another Floki Inu accomplishment. The team reported that the FlokiFi Locker's Total Value Locked (TVL) has achieved a record $111 million, demonstrating the token's usefulness product uptake.

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