The FLOKI meme coin has experienced a surge in price over the past week. According to data from CoinGecko, FLOKI (FLOKI) is currently trading at $0.0001978, with a 24-hour trading volume of $952,063,212.44. Significantly, this represents a 48.75% price increase in the last 24 hours and a 248.88% price uptick in the past 7 days.
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Exchange Listing and Staking Program
One of the key drivers behind FLOKI’s price rally is its listing on the Coinhako exchange. Coinhako, a top cryptocurrency exchange based in Singapore, announced the listing of FLOKI with a tweet from their official account, @coinhako.
Additionally, the FLOKI staking program has gained immense traction. According to @bitcoinlfgo, in a tweet, the total value locked (TVL) in the FLOKI staking program hit an all-time high of $420 million. Consequently, this TVL surpasses the combined TVL of other popular meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Bonk (BONK), and Wifedoge (WIF).
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Show more +Times Square Marketing Campaign
Moreover, FLOKI’s marketing efforts have been a significant contributing factor to its price surge. The CryptoBull, an analyst, via a tweet, revealed that FLOKI will be advertised on a massive screen in the iconic Times Square, New York City, starting March 15th. This campaign will expose FLOKI to millions of potential investors for three months.
Furthermore, the official FLOKI X account confirmed the Times Square marketing campaign. According to the tweet, FLOKI will be displayed on a massive double-sided HD LED screen directly beside the Nasdaq billboard in Times Square Plaza. The digital billboard covers a 1,624 square feet of viewing space, larger than the average home in Manhattan.
The combination of exchange listings, staking program success, and aggressive marketing campaigns has propelled FLOKI’s price to new heights. However, it is uncertain whether this momentum can sustain itself in the long run.
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