“This partnership is based on DWF Lab’s strong belief in the potential and future of the Floki ecosystem,” the company said.
DWF Labs is going to use its network and resources to help accelerate the spread of the meme-token.
The company says it feels there is high institutional demand for the FLOKI token and the Floki ecosystem:
“DWF Labs’ close ties with exchanges, investors and leading projects will be beneficial to Floki and will help the project grow at a much faster pace in the coming weeks to months.”
The creators of the Floki project would like to outgrow competitors such as Dogecoin and Shiba Inu by becoming the most widely used memcoin.
Following the announcement of the partnership Floki price rose by 0.71% overnight. On the afternoon of Friday, June 26, the FLOKI token was trading at $0.0000314.
Recall that the project Floki Inu was launched on the wave of popularity of the cryptocurrency Dogecoin and token Shiba Inu.
Currently, Floki has more than 440,000 users, and the capitalization of the project is $312 million.
Earlier, Bits.media published an article about how memcoins can replace regular money.