FLOKI Soars 40% Amid World Table Tennis Championship Partnership Announcement

The cryptocurrency market witnessed a remarkable surge today, notably with the FLOKI price soaring by over 40%. Notably, this surge coincides with a significant announcement from Floki and TokenFi, unveiling their partnership as the official cryptocurrency partner for the upcoming World Table Tennis Championship in Incheon, South Korea. Besides, TokenFi (TOKEN) also rallied following the announcement.

Floki & TokenFi Price Soars Amid Crucial Partnership Announcement

The Floki and TokenFi were among the top percentage gainers in the crypto market today, gaining notable attention from investors. The former rallied nearly 40% during writing, while the latter noted a surge of around 50% at the same time.

Meanwhile, Floki, alongside TokenFi, has secured a pivotal role as the official cryptocurrency partner for the World Table Tennis Championship, set to unfold in Incheon, South Korea. Notably, this partnership marks yet another strategic move by Floki, leveraging the expansive reach and prestige of the sporting world to bolster its presence in the cryptocurrency landscape.

In a recent announcement on the X platform, Floki revealed its collaboration with TokenFi, aiming to reach a global audience of approximately 450 million through the championship’s broadcast. It’s worth noting that this is not the first time Floki has explored opportunities in the sports sector.

Meanwhile, this venture follows Floki’s prior engagements with sporting events, including table tennis tournaments in Frankfurt and Busan, each contributing to the brand’s heightened recognition on a global scale. With the Mohegan INSPIRE Entertainment Resort hosting the upcoming World Championship event from March 27th to 31st, the partnership is poised to amplify Floki’s visibility and engagement significantly.

Also Read: Layerswap Foils Domain Hijack, Vows Compensation & Refund

Seizing the Opportunity in South Korea

Floki has also mentioned its association with the WTT Champions Incheon event underscoring a strategic initiative to tap into South Korea’s burgeoning cryptocurrency ecosystem. In addition, the move aligns seamlessly with Floki’s established community-building efforts, particularly within the realm of sports sponsorships.

With millions of interactions garnered from previous partnerships, the collaboration with the World Table Tennis Championship represents a substantial leap forward. Moreover, the event’s vast viewership, expected to reach around 450 million individuals worldwide, offers Floki an unprecedented platform to showcase its brand and its underlying technology to a diverse and expansive audience.

Meanwhile, as of writing, the Floki price was up 38.15% to $0.0002443, with its trading volume skyrocketing 112% to $1.18 billion. Notably, the crypto has added over 600% in the last 30 days, amid a bullish run in the broader meme coin sector.

On the other hand, the TokenFi price soared 48.74% to $0.1014, and its trading volume rocketed 238% over the last 24 hours to $72.66 million. The TOKEN crypto has added nearly 40% in the last seven days, along with a monthly surge of around 220%.

Also Read: Bitcoin Traders Buying Calls for $76K Amid $2.6B in BTC and ETH Options Expiry

✓ Share:

Rupam, a seasoned professional with 3 years in the financial market, has honed his skills as a meticulous research analyst and insightful journalist. He finds joy in exploring the dynamic nuances of the financial landscape. Currently working as a sub-editor at Coingape, Rupam’s expertise goes beyond conventional boundaries. His contributions encompass breaking stories, delving into AI-related developments, providing real-time crypto market updates, and presenting insightful economic news. Rupam’s journey is marked by a passion for unraveling the intricacies of finance and delivering impactful stories that resonate with a diverse audience.

Advertisement

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.