Shiba

FLOKI

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 their upcoming token. The Floki team, who announced that a big announcement was imminent last week, has further increased expectations for this week. With the recovery in BTC price, there is an expectation that the FLOKI Coin price could increase even more with the announcement. Indeed, the reason behind the double-digit increase before the announcement was this expectation.
<h2 style="text-align: justify" id="why-is-floki-coin-rising">Why is Floki Coin Rising?</h2>
Floki Inu (FLOKI), one of the largest meme coins, experienced a nearly 10% increase immediately 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 sector had previously boosted the prices of TRB and LINK Coin by over 100%.
Meme coins try to increase the value of their tokens 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, as it has tried to increase its price by doing something in almost every field, including <a href="https://en.coin-turk.com/the-risks-presented-for-crypto-assets-analysis-of-the-defi-sector-by-esma/" 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.
In their announcement, the team writes:
<blockquote>
 “Floki has launched a cryptocurrency and asset tokenization platform called TokenFi to take advantage of the trillion-dollar tokenization industry. The tokenization industry is projected 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 refer to as the ‘next evolution in markets’.”
 TokenFi, with its TOKEN abbreviation, aims to simplify the process of crypto and asset tokenization and eventually 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 Floki Coin price is positively reflecting the ambitious (and probably exaggerated) statements. Continue Reading: <a href="https://en.coin-turk.com/floki-coin-the-rising-meme-coin-with-exciting-developments/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/floki-coin-the-rising-meme-coin-with-exciting-developments/</a>

Floki Coin: The Rising Meme Coin with Exciting Developments

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