In the evening hours yesterday, a recovery in Bitcoin and the positive outlook of the market did not overshadow the more than 40% increase in FLOKI price. The price increase coincided with an important announcement revealing the partnership between Floki and TokenFi as the official cryptocurrency partners for the upcoming World Table Tennis Championships in Incheon, South Korea. Following the announcement, the price of TokenFi (TOKEN) also experienced a rise.
Floki and TokenFi Prices Rise
Floki and TokenFi were among the cryptocurrencies with the most significant gains of the day amidst a market with a positive outlook, which drew significant interest from investors. FLOKI’s price saw a 40% increase during the day, while TokenFI achieved a 50% increase.
A recent statement on the X platform revealed that Floki has partnered with TokenFi, aiming to reach an estimated global unique audience of 450 million through the broadcast of the world table tennis championship. This was not Floki’s first foray into the sports sector.
It is known that Floki has previously engaged in interactions with sports events, including table tennis tournaments in Frankfurt and Busan, each potentially contributing to the brand’s growing global recognition.
What Is FLOKI’s Current Price?
Floki’s connection with the WTT Champions Incheon event is also noteworthy, and officials emphasize strategic moves aimed at benefiting from South Korea’s evolving cryptocurrency ecosystem. This agreement also aligns with Floki’s efforts to build a stable audience, particularly in sports sponsorships.
Reaching the targeted audience of 450 million people at the upcoming world championship could significantly contribute to Floki’s visibility.
As of the time of writing, the FLOKI price has slightly retracted after a 38.15% increase, pulling back from its price level of $0.0002443. The gains over the last 24 hours have decreased to 24%, with the price settling at $0.0002258.
On the other hand, the trading volume also saw a 150% increase, reaching up to $1.2 billion. In addition to all this, FLOKI has experienced an increase in value of over 600% in the last 30 days. This price surge is noticeable amidst the rising trend of meme coins.
On the other hand, the price of TokenFi has seen a 40% increase, now trading at $0.105. Meanwhile, its trading volume has increased by 238% in the last 24 hours, rising to $72.66 million.
