Popular meme coin FLOKI is using sports sponsorships to capitalize on South Korea’s cryptocurrency ecosystem. In this regard, FLOKI announced the World Table Tennis Championship sponsorship agreement. The partnership aims to strengthen FLOKI’s global presence, reaching 450 million viewers. Following this development, the prices of the relevant tokens FLOKI and TOKEN saw a strong increase.
Meme coin Floki Inu announces important partnership
Floki, together with TokenFi, has taken on an important role as the official cryptocurrency partner of the World Table Tennis Championship to be held in Incheon, South Korea. This partnership, in particular, is an important step to strengthen Floki’s presence in the cryptocurrency world. It marks another strategic move by Floki, leveraging his extensive reach and prestige in the sports world.
Meme coin recently made an announcement on the X platform. Floki announced the collaboration, which aims to reach a global audience of approximately 450 million people through the broadcast of the championship. It should be noted that this is not the first time Floki has explored opportunities in the sports industry.
Meanwhile, this initiative follows Floki’s previous initiatives with sporting events, including table tennis tournaments in Frankfurt and Busan, each of which contributed to increasing the brand’s recognition on a global scale. Mohegan INSPIRE Entertainment Resort will host the World Championship event to be held between March 27-31. According to experts, this partnership will significantly increase Floki’s visibility and interaction.
FLOKI and TOKEN prices skyrocketed
cryptokoin.comAs you follow from , the cryptocurrency market rose today with the Fed doping. Today, the meme coin attracted attention with the price of FLOKI rising by over 40%. Notably, this increase coincided with a major announcement in which Floki and TokenFi announced their partnership as official cryptocurrency partners for the World Table Tennis Championships in Incheon, South Korea. Additionally, TokenFi (TOKEN) also rose following the announcement.
Floki and TokenFi were among the top gainers in the crypto market today. Thus, it recorded an increase of approximately 50% in the same time period. Meanwhile, at the time of writing, Floki price increased by 38.15% to $0.0002443. Transaction volume increased by 112% to 1.18 billion dollars. Meme coin has gained over 600% in value in the last 30 days.
On the other hand, the TOKEN price increased by 48.74% to $ 0.1014. Additionally, transaction volume increased by 238% in the last 24 hours, reaching $72.66 million. TOKEN increased by approximately 40% in the last seven days and approximately 220% on a monthly basis.
Seizing the opportunity in South Korea
Floki also talked about its involvement with the WTT Champions Incheon event, highlighting a strategic initiative to benefit from South Korea’s thriving cryptocurrency ecosystem. This move aligns with Floki’s established community-building efforts, particularly in the sports sponsorships space.
With millions of interactions from previous partnerships, the collaboration with the World Table Tennis Championships represents a significant leap forward. Additionally, the event’s large audience, expected to reach approximately 450 million people worldwide, provides Floki with an unprecedented platform to showcase its brand and core technology to a diverse and broad audience.
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