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 new token they will launch. Last week, the Floki team, who announced that a big announcement was approaching, has increased expectations for this week. With the recovery in BTC price, there is an expectation that the price of FLOKI Coin could further increase 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% right after the announcement it made. 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/shiba-coin-negative-trend-continues-when-will-the-fall-end-daily-shib-chart-analysis/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Shiba</a> Coin because it has tried to increase its price by doing something in almost every field, including <a href="https://en.coin-turk.com/1inch-network-launches-decentralized-exchange-aggregation-protocol-on-base/" data-wpel-link="internal" rel="noopener noreferrer nofollow">DeFi</a>, NFT, Metaverse, and layer2 solutions. Floki, on the other hand, was ahead of the Shiba Coin team in terms of RWA.
In their announcement, the team writes the following;
<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 refer to as the “next evolution in markets.”
 TokenFi, abbreviated as TOKEN, aims to simplify the process of crypto and asset tokenization and eventually become the leading tokenization platform in the world.”
</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 reflecting the ambitious (and probably exaggerated) statements positively. Continue Reading: <a href="https://en.coin-turk.com/floki-coin-the-rise-of-a-meme-coin-and-tokenization/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/floki-coin-the-rise-of-a-meme-coin-and-tokenization/</a>

Floki Coin: The Rise of a Meme Coin and Tokenization

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