FLOKI Frenzy: Open Interest Soars By $1 Billion In A Single Day – Details

FLOKI Frenzy: Open Interest Soars By $1 Billion In A Single Day – Details
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FLOKI cryptocurrency witnessed an astonishing surge of nearly 60%, reaching a seven-month high. This surge follows an announcement from DWF Labs, a major player in the digital asset market and a Web3 investment firm, revealing plans to infuse $10 million into FLOKI tokens.
FLOKI, often hailed as the people’s cryptocurrency, has been gaining attention for its emphasis on utility, philanthropy, community, and marketing.
DWF Labs Pioneers Web3 Investment: $10 Million FLOKI Boost
DWF Labs, standing tall as a pioneering force in Web3 investment and market-making, operates across spot and derivatives markets on over 60 leading exchanges, underscoring its influence and expertise in the crypto sphere.
The company’s decision to pour in $10 million in FLOKI tokens is seen as a strategic move to bolster the meme coin’s ecosystem. The investment is spread over two years, indicating a long-term commitment to the growth and sustainability of the meme coin.

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