By: Eliza Bennet
Notorious meme coin Floki Inu (FLOKI) has ascended to the 64th position in market capitalization, surpassing $2 billion. The coin even held the 69th position at a point in CoinGecko's rating of substantial assets. This comes after a remarkable uptrend of over 630% in 30 days.
Renowned investors, including DWF Labs, have identified this meme coin as a strategic long-term investment, leading to ambitious acquisition plans. The investment has perked up the performance of FLOKI, which hit a 9-month high of $0.00005097 on February 27th and recently recorded an all-time high (ATH) at $0.0002043.
In fostering its vision to become a worldwide reputable cryptocurrency, FLOKI Inu has also begun targeting Asian and Middle Eastern investors. Coinhako, a regulated crypto exchange under the Monetary Authority of Singapore (MAS), recently listed FLOKI. The token furthermore gained traction in the Middle Eastern market through a wreath of listing on CoinMENA.
An ambitious digital advertising campaign is in place to bolster Floki's growth. From March 15th, the meme coin will feature on a huge double-sided HD LED screen in Times Square Plaza, New York, visible at least four times per hour, for 20 hours a day over the following 93 days.