During our most recent monthly community AMA, a community member raised a concern about the potential global events that might negatively impact any positive developments in #crypto. Specifically, they asked: "Is #Floki financially strong enough to get through another bear market if the worst scenario happens?" Our Core Advisor, B (@100bviking), provided the following response: "I think we will be fine! From a macro and overall crypto perspective, things are MUCH BETTER now than they’ve been in a long time! That said, let’s not forget that Floki is one of the very few projects in our category that survived the brutal 2022/2023 bear market. $FLOKI went from a 2021 peak market cap of $3.5 billion to a bear market low of $45 million. Countless projects that were much bigger, much stronger, and better funded had to quit or fire the majority of their employees. However, not only did Floki survive that period (thank God!), but we are one of the few projects that came out much stronger: we released several new products, introduced our brand to over a billion more people through strategic marketing moves, got listed on some of the world’s biggest exchanges (including #Bybit, #Kucoin, #OKX, and #Binance), built four schools, and have a much stronger community! This was during a bear market that many did not see coming, and one we learned a lot of painful lessons from, and I can gladly say we are in a MUCH BETTER position now than we were at the time… by orders of magnitude! We have a very strong treasury and I believe we will be fine in case of another bear market. We’re not resting on our laurels, however. We’re also actively setting aside funds for OPEX and development so we do not get caught unawares and/or negatively impacted in the case of another sudden bear market or economic crisis." Link to full AMA: