Shiba

FLOKI

Rise

Coin

When we published the <a href="https://newslinker.co/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">news</a> about the tournament advertising agreement, we revealed some details about the token they would release. Last week, the Floki team, who announced that a big announcement was approaching, raised expectations for this week. With the recovery in BTC price, there was an expectation that the price of FLOKI Coin could increase even more with the announcement. Indeed, the reason for the double-digit increase before the announcement was this.
<h2 style="text-align: justify" id="why-is-floki-coin-increasing">Why is Floki Coin Increasing?</h2>
Floki Inu (FLOKI), which is among the largest meme coins, has experienced an increase of nearly 10% after its recent announcement. The team announced their new token and platform. This sibling token will focus on the tokenization of real-world assets. The increased interest in the RWA field had increased the prices of TRB and LINK Coin by over 100%.
Meme coins try to make their tokens more valuable by releasing products in current hype areas. The best example of this is <a href="https://en.coin-turk.com/shib-price-analysis-will-shib-bounce-back-after-recent-losses/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Shiba</a> Coin, because until now, it has tried to increase its price by doing something in almost every area, including <a href="https://en.coin-turk.com/dydx-coin-important-development-that-will-impact-its-future/" data-wpel-link="internal" rel="noopener noreferrer nofollow">DeFi</a>, NFT, Metaverse, and layer2 solutions. Floki, on the other hand, acted early in the RWA field compared to the Shiba Coin team.
The team writes the following in their announcement:
<blockquote>
 “Floki has launched a crypto and asset tokenization platform called TokenFi to take advantage of the trillion-dollar tokenization industry. The tokenization industry is estimated to be a $16 trillion industry by 2030. BlackRock, the world’s largest institutional investor with $10 trillion in assets under management, strongly believes in the potential of the sector, which they call the ‘next evolution in the markets’.”
 TokenFi, abbreviated as TOKEN, aims to simplify the process of crypto and asset tokenization and ultimately become the world’s leading tokenization platform.”
</blockquote>
<img decoding="async" class="wp-image-270517 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/10/FLOKIUSDT_2023-10-26_15-28-10.png" alt="" width="1088" height="508">
The price of Floki Coin is positively reflecting the ambitious (and probably exaggerated) statements. Continue Reading: <a href="https://en.coin-turk.com/floki-coin-the-rise-of-a-meme-coin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/floki-coin-the-rise-of-a-meme-coin/</a>

Floki Coin: The Rise of a Meme Coin

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