Britain’s Advertising Standards Authority (ASA) has banned ads for the Floki Inu, a meme coin named after Elon Musk’s Shiba dog.
Floki Inu, which became popular after the rise in meme coins like Doge and Shiba Inu last year, cartoon character wearing viking helmet showed the dog’s image as an advertisement.
The UK’s Advertising Standards Authority (ASA) you misdirected and violates advertising standards and removed the ad.
ASA said in a statement, “Crypto coins of the image used as a cartoon character risk free and sloppy reflected as an event, distracts from the seriousness of the investment we thought.” said.
In his defense, Floki Inu officials said:
Advertising targets the knowledgeable and experienced customer. It is not possible for people who are not knowledgeable about crypto investment to be interested in this advertisement.
made statements.
After the news hit social media, many Floki Inu investors said,You can ban ads, but you’ll never be able to stop Floki.” said.
In the last 24 hour period approx. 14%According to CoinMarketCap data, at the time of writing this article, FLOKI is trading at $0.000004874.
on December 9, 2021 Fenerbahçe Sports Club announced on their official platform. Floki Inu with sponsorship agreement announced what he had done.
Floki Inu (FLOKI) Sponsored Fenerbahçe Sports Club
Related article: Floki Inu (FLOKI) Sponsored Fenerbahçe Sports Club