Why Is FLOKI Price Up Today?

The cryptocurrency FLOKI has bucked the bearish trend in the market, gaining 7% over the past 24 hours. This price surge comes after over a week of the FLOKI token being in the red.

The uptick in FLOKI’s price may be attributed to growing anticipation around some upcoming events for the project, according to popular crypto influencer HeadKing. In a tweet, HeadKing stated they are “really anticipating the marketing announcement on the 21st” (tomorrow) from the FLOKI team. They also mentioned a new roadmap will be unveiled on March 22nd and noted “strong retail and institutional interest” in the cryptocurrency.

Adding to the bullish sentiment, the FLOKI project announced a major partnership with Carbon Browser, a popular Web3 browser boasting over 7 million downloads. Some key highlights of this collaboration include:

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  • Prominent visibility for FLOKI on Carbon Browser’s homepage for 2 months
  • Integration of FLOKI’s website into Carbon’s “Featured dApps” section for 4 months
  • Listing of FLOKI on Carbon’s browser wallet
  • Cross-chain accessibility for FLOKI via LDX.Fi, a crypto swap platform powered by Carbon

The FLOKI team heralded this partnership as “another aggressive and strategic move to establish Floki as a household name” as they work towards becoming “the world’s most known and most used cryptocurrency.”

While the broader crypto market has been sluggish, FLOKI’s 7% daily gain shows there is still demand for promising projects with strong utility and fundamentals behind them. Investors will be closely watching to see if FLOKI can maintain this upward momentum in the days ahead.

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Sarah Wurfel
Sarah Wurfel

Sarah Wurfel works as a social media editor for CaptainAltcoin and specializes in the production of videos and video reports. She studied media and communication informatics. Sarah has been a big fan of the revolutionary potential of crypto currencies for years and accordingly also concentrated on the areas of IT security and cryptography in her studies.