$FLOKI Inu is the same corner inspired by Elon Musk's Shiba Inu dog. According to numerous data, it is experiencing a meteoric rise in the crypto market. Indeed, Floki Inu has just risen to 69th place among the most important crypto-assets by market capitalization. In a matter of months, this crypto token (initially seen as just a joke) has defied expectations and gained the trust of investors.
FLOKI price increases by more than 160% in one week
Floki is undeniably one of those same coins whose value has exploded in just a few days. Over the last 7 days, the price of FLOKI crypto has increased by 164%, stimulated by the rise in the crypto market.
This constant growth has propelled its market capitalization to around $2 billion, placing it in 54th place on CoinMarketCap.
At the time of writing, Floki’s price stands at $0.0002278There are many reasons for the meteoric rise of the crypto asset Floki Inu. Here are a few :
Usefulness and development
The Floki Inu team focused on developing concrete use cases for the crypto token. Particular reference is made to:
FlokiFi Locker, a staking service;
Floki University, an educational platform.
An active community
Floki Inu has been able to create an active and dedicated crypto community on social networks. This has greatly contributed to the promotion of the cryptographic token as well as its adoption.
An effective marketing strategy
The Floki Inu team has implemented a marketing strategy that is both aggressive and innovative. Indeed, it uses various channels to increase awareness of the crypto token.