The positive atmosphere in the cryptocurrency market recently caused a 40% increase in the price of FLOKI token. This increase coincided with the official announcement that FLOKI and TokenFi will be the official cryptocurrency medium for the upcoming World Table Tennis Championships in South Korea. The price of TokenFi also increased following this announcement.
FLOKI and TokenFi Gain Strength
Under positive market conditions, the prices of FLOKI and TokenFi respectively showed a 40% and 50% increase within a day. Floki announced a collaboration with TokenFi, aiming to reach approximately 450 million global viewers. Previously, Floki had increased its visibility through sports events such as the table tennis tournaments in Frankfurt and Busan.
FLOKI Value Increases
FLOKI’s strategic move associated with the WTT Champions Incheon event sets an example for moves benefiting from South Korea’s crypto ecosystem. Positive effects are expected on the visibility of FLOKI among the 450 million target audience identified for the World Championships. Despite a subsequent price correction, FLOKI traded at 0.0002443 dollars with a 38.15% increase, but then fell to 0.0002258 dollars. Gains in the last 24 hours decreased to 24%.
Furthermore, FLOKI witnessed an increase in value of over 600% in the last 30 days, while the trading volume increased by 150% to 1.2 billion dollars in the last 24 hours. On the other hand, TokenFi traded at 0.105 dollars with a 40% increase, with a trading volume rising by 238% to 72.66 million dollars.
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