Memecoin FLOKI Gains Over 10% After Chinese TV CCTV-5 Feature

Key Points:

• Floki Coin gained over 10% after being featured on the Chinese TV station CCTV-5, positioning itself for increased adoption and usage of cryptocurrency in China.
• It’s China Plan includes a Chinese website, whitepaper, and partnership with Btok, China’s biggest crypto social network, introducing FLOKI to over 10 million Chinese crypto users.

Floki Coin gained over 10% after being featured on Chinese TV station CCTV-5, positioning itself for China’s opening up to crypto.

Floki Coin is a relatively new cryptocurrency that has recently gained attention in China. On the Chinese state TV station CCTV-5, it was featured during the 2023 World Table Tennis Championships broadcast.

The coin appeared on the billboard as a partner with a link to the official website, leading to a rise of more than 10%. The meme coin is trading at around 0.000035 at the time of writing, according to CoinMarketCap data. The team said the cryptocurrency received an influx of Chinese traffic due to the CCTV-5 feature. This is promising news for FLOKI, as it positions itself for Hong Kong and China opening up to crypto.

FLOKI is strategically planning to capture the attention of Chinese crypto users through its China Plan. The plan highlights its strategy for China and includes a Chinese website, whitepaper, and partnership with Btok, China’s most extensive crypto social network.

The partnership with Btok will last until the end of the year and introduce the meme coin to over 10 million Chinese crypto users. Additionally, a Chinese version of FLOKI’s PlayToEarn metaverse game, Valhalla, will launch later this year.

While FLOKI is a global cryptocurrency, the team’s ultimate goal is to be the most known and used crypto. They recognize the importance of China and Hong Kong in achieving this goal, and the recent exposure to CCTV-5 is a promising step in the right direction. The team is confident that their strategic positioning and partnerships in China will lead to increased adoption and usage of cryptocurrency.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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