Floki Fever: Meme Coin Surges 70% Amid Times Square Ad Blitz

    The cryptocurrency market is witnessing a new contender in the meme coin space as Floki gains momentum, posing a challenge to established players like Dogecoin and Shiba Inu.

    Floki to rule meme coins?

    Floki has surged impressively by 70% in value over the past 24 hours, fueled by anticipation surrounding an ambitious advertising campaign set to dominate New York’s iconic Times Square. The Floki development team aims to propel the meme coin into the mainstream spotlight with this marketing endeavor.

    Currently trading at $0.0002439, Floki has seen a remarkable 101% increase in the last seven days, pushing its market cap to the 50th position, according to CoinMarketCap.

    Analysts predict that Floki could target $0.0003500 in the short term, potentially propelling the project into the top 40 by market cap.

    What’s happening?

    The much-anticipated Times Square campaign, scheduled to commence on March 15 and run continuously for three months, promises to be a spectacle. Positioned strategically beside the Nasdaq billboard, the advertisement will be displayed on a massive double-sided HD LED screen, ensuring maximum visibility in Times Square’s bustling heart.

    Details about the campaign, shared by the Floki team on Medium, underscore the scale of the endeavor. A 10-second spot will be aired at least four times per hour, 20 hours a day, over a 93-day period.

    Floki’s recent surge was further fueled by community-driven decisions, exemplifying its decentralized nature. Last week, the community overwhelmingly approved a plan to destroy 2% of its total tokens, leading to a 326% jump in Floki’s value. The decision to remove 190 billion Floki tokens permanently from circulation underscores the community’s commitment to fostering scarcity and value appreciation.

    As Floki continues to gain momentum and capture the attention of both crypto enthusiasts and mainstream audiences alike, its journey in the meme coin arena promises to be an exciting one to watch.

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